Dimensional Fund Advisors tells RIAs it's getting active in its quest for 401(k) assets
DFA says this new plan will complement, not compete with, the services an advisor offers
Related Moves
Apex nabs Jon Patullo from 'Schwabitrade' to 'raise the bar' and make his new firm's RIA system as 'frictionless' as the old one
The loved and admired TD Ameritrade software chief will bring his playbook -- and possibly Schwab's -- to Apex, which continues to try putting a winning front-end on its old Penson backend, a source says
October 11, 2022 at 12:40 AM
Dimensional Fund Advisors, long the flagship of factor investing, struggles to chart a course as a nimble rival and big foot competitors cut into its market--and exploit its slow move to ETFs
Vanguard, BlackRock and Avantis rattle a complacent Dimensional Fund Advisors with fee cuts and ETF roll outs based on 'smart beta.'
August 9, 2022 at 1:57 AM
Robinhood gets 'brilliant' upper manager -- and a spare CEO -- by nabbing TD Ameritrade's ex-thinkorswim top exec, hopefully to throw a lifesaver to Robinhood's sinking stock
The Menlo Park, Calif., firm nabbed Steve Quirk as first-ever chief brokerage officer to 'bridge the gap between academia and reality.'
January 6, 2022 at 10:33 PM
Oisín's snippets: Charles Schwab brand goes up on Omaha's TD Ameritrade stadium, home of college baseball world series • Interactive Brokers lands an RIA custody insider, Charlie Latimer, to climb the custodian ladder
The TDA brand lives on until the techies figure out how to make two systems into one, but change is in the air in Omaha, while Interactive Brokers gets a leg up in the custody business with a new hire.
December 27, 2021 at 9:58 PM
See more related moves
TD Ameritrade
Asset Custodian
Top Executive: Tom Nally
Buckingham Strategic Partners
TAMP, Asset Manager for RIAs
Top Executive: Alex Potts
Elmer Rich III
First, the editor is to be congratulated for noting that the “Noble” prize for economics is not actually a real Nobel Prize but a prize named after Nobel, awarded by a Swedish bank. This is a very misleading mistake that has be perpetrated by educational institutions and the media.
The misrepresentation needs to be corrected because it is false and it implies economics, as a field of study, is at the same level of sophistication and evidence that the physical and medical sciences are. Economics is not.
Managed accounts are problematic. There is little evidence that any form of active management or managing “dynamically” is superior. Also, “addressing all the risks” is highly problematic — regardless of the academic prizes one has won.
We have had managed account solution clients. It’s is a set of solutions and market that needs a great deal more work and study.
