Articles published 2/2016
Headline
Publish date
With Envestnet shares deeply depressed, analysts cut Jud Bergman little slack on 4Q earnings call
WIth a not-yet-integrated Yodlee, trouble with a big client, Lori Hardwick's departure and a recent history of muddy communication, CEO Jud Bergman worked hard to reassure
February 29, 2016 at 6:09 PM
The unbelievable series of missteps that sent Aequitas, its RIA clients and their investors, reeling
Firms as disparate as CONCERT Wealth and CliftonLarsenAllen seem to have gotten caught up in the implosion of Oregon-based Aequitas Capital Partners and plaintiffs' attorneys are yelling 'Ponzi'
February 26, 2016 at 6:47 PM
Valerie Brown re-poaches Cetera's Susan Theder cueing up AIG female trifecta
The Advisor Group executive chairman grabs her old chief marketing officer who had managed the unmanageable 'Cetera' brand and connected with advisors
February 25, 2016 at 8:46 PM
In rebuke of Wall Street, Raymond James, William Blair and Stifel help form non-wirehouse advocacy group to 'shed baggage' but not without a suitcase of SIFMA ideals
American Securities Association proclaims a fresh 'voice' but for now seems to be a rebel with a cryptic cause
February 24, 2016 at 10:44 PM
As Pershing struggles to get a robo firmly fixed in the RIA frame, NextCapital rushes in to blur the picture
The Chicago 401(k) robo will use Pershing custody to go after the retail market and Pershing has hopes it'll work with its mega-RIAs
February 23, 2016 at 9:25 PM
Why Schwab execs are 'proud' of holding at $1-trillion custody mark first achieved in 2013 -- and what makes them pleased with its existing 25% RIA custody market share
Candidly canvassing 2015 dings -- including a $12 billion RIA defection -- Walt Bettinger seems at peace with vigilantly guarding Schwab's mighty quarter of the RIA asset pie
February 22, 2016 at 6:43 PM
How Rob Francais is convincing RIAs to sign on the dotted line with Aspiriant -- no money down
The CEO of the $9 billion RIA grabbed nearly $1 billion of AUM from Hokanson and Glowacki with stock swaps
February 19, 2016 at 8:35 PM
What exactly to make of Fidelity's WealthScape and whether it's the bull in the third-party-equilibrium China shop
Calling it multicustody may be a stretch but the firm is determined to compete head-on with its own performance reporting software
February 17, 2016 at 10:34 PM
Schwab's grand plan to alleviate its 300-to-1 customer-to-advisor crunch gets indefinitely shelved
The San Francisco-based broker has also toned down its talk of branch expansion -- even as Fidelity, at 190 centers, gains on Schwab
February 16, 2016 at 8:45 PM
How tech vendors pierced the glare generated by Fidelity's uni-bundle to get their message in edgewise to 650 advisors at T3
Apt metaphors for the state of the RIA business included a giant alarm clock and an actual drone delivering financial advice in the time of robo
February 16, 2016 at 7:19 PM
In her words: A former Goldman Sachs star gets into the depths of winning UHNW clients, without being in that tax bracket
Amy Parvaneh channels love, permeable walls of personal and business and 'Rocky' stories' as a fuel for a no-excuses mindset
February 15, 2016 at 7:47 PM
Goldman Sachs and Wells Fargo analysts ask unobsequious questions as LPL shares fall below 2005 private equity levels and Mark Casady pleads the 'Spanish Inquisition' defense
LPL Financial's CFO Matthew Audette promises to put brakes on buybacks after decision to spend $250 million on them in December proves ill-conceived
February 12, 2016 at 10:05 PM
Completing matriarchal coup, Pershing raids Envestnet's top drawer to grab Lori Hardwick, whom many thought unpoachable
Pershing's top two executives are now women with Lisa Dolly being replaced as COO by another dynamo
February 11, 2016 at 7:45 PM
What about the 49ers, Palo Alto experiment and China led a $2.7 billion RIA to sell out, brand and all, to BNY Mellon
BNY Mellon ends up buying RIA -- and paying an extraction fee to Schwab -- after building nearby Palo Alto 6,800-square-ft. branch
February 10, 2016 at 7:40 PM
Why Pershing's CEO pick looks uninspired, and why that look may be deceiving
LIsa Dolly is a rare 'lifer' in a transient industry but those who know the clearing giant's first woman leader say her entrepreneurial spirit and decades at Pershing make her an inspired choice
February 8, 2016 at 11:35 PM
With Veo Village hive buzzing in background, Tom Nally rides herd on RIA 'Wild West' threats at vibrant LINC 2016
The laptop guys in another room won plaudits as the TD RIA custody chief counseled RIAs to embrace more practice audits and communicate more by story, less by Orwell
February 8, 2016 at 7:07 PM
Why only 10% of elite RIAs are receptive to fund wholesalers yet depend on a handful of good ones
Fund wholesalers say the research based on the FT 300 distorts reality and RIAs admit liking what wholesalers provide under the right conditions
February 6, 2016 at 12:27 AM
What exactly to make of Morgan Stanley poaching robo-talent Naureen Hassan from Schwab on the heels of Greg Fleming's departure
Sure she brings the Schwab robo playbook -- albeit the Reader's Digest version -- but insiders say Jim Rosenthal may have bigger reins for her to take
February 4, 2016 at 9:56 PM
After years of work to gain parity with Schwab RIA custody, Fidelity is ready to show fruits of its $250 million move to gain an edge
With ex-Schwabbie Bob Oros in RIA charge, Mike Durbin as leapfrogger-in-chief, and Sanjiv Mirchandani at the big desk, the Boston-based custody division is set to launch its new technology platform
February 3, 2016 at 7:46 PM
Terri Kallsen sold 15,469 shares of Schwab stock but did she also sell short her own vision?
Schwab's head of retail dumped more than half her company stock exactly a year after becoming retail chief with bold goals
February 1, 2016 at 10:57 PM
Part II: Tick, tick ... How FINRA tramples on 'settled' principles of the Supreme Court, and even Adam Smith, in its sanctification of two-hatted advice
The 'best interests' standard of the stock cop ignores classical arm's-length principles, of economics and the law, implicit to the entrusting of care to professionals by evoking wonders of bare-knuckles capitalism
February 1, 2016 at 8:13 PM
An advertiser's chats from the Inside ETFs event and the Vanguard-versus-the-world chess match they depict
Ebullience born of dreams of a bright future for the ETF channel infused the crowd of 2,000 in South Miami
