RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Why exactly E*Trade is paying $275 million cash for Trust Company of America

CEO Karl Roessner cites his firm's high demand for an RIA foothold in a low-supply market to counter RIAs and wirehouses preying on E*Trade's HNW investors

Author Brooke Southall October 20, 2017 at 9:12 PM
Admin:
0 Comments
no description available
Karl Roessner: A lot of the assets that leave us through that channel do indeed go either to bulge bracket firms or to RIA channel, and it is something that we think we can use to harvest additional share of wallet.

Sandler O'Neill

 |

Michael Pizzi

Trust Company of America

 |

E*Trade

 |

Karl Roessner

 |

Richard Henry Repetto
Mentioned in this article:

E*TRADE Advisor Services
Asset Custodian
Top Executive: Joshua Pace

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING
Add Your Listing

RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings

Common Tags

Recent Articles

Popular Writers

RIABiz logo

RIABiz

About Us
Contact
Subscribe
Advertise

Directory

Archives

401(k) Stories
Breakaway Stories
Conferences
ETFs
Hybrid RIA
RIA Compliance
RIA Custodians
Robo-Advisors
TAMPs
Women of Wealth Management
People Moves
Technology

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2022 RIABiz Inc. All rights reserved.