Tag: Business model
Advisers with retirement plan sponsor clients have total assets under management (AUM) more than 40% higher than their peers, according to Cogent Research.
Merger and acquisitions (M&A) among registered investment advisory (RIA) firms has slowed, but firms are poised for resurgence, according to a new industry study.
Nearly half of registered investment advisers (RIAs) reported gaining clients and improving client satisfaction in the last year, according to the latest study of how RIAs fared during the financial crisis.
Most advisers don’t see independent online brokerages as a threat to their businesses—but a new report suggests they might be.
When Charles Schwab asked advisers outside the registered investment adviser (RIA) channel whether they’d consider going independent, almost half said yes.
Fidelity Investments said it expanded its Transition Solutions program, which gives brokers information about independent business models.
Focus Financial Partners, LLC (Focus), a network of independent wealth management firms, added Joel Isaacson & Co., Inc., to its partner firms.
Brokers are switching firms at a slower pace, and the largest number still go to another wirehouse firm rather than a new advisory channel, according to the Discovery Database.
In an effort to attract higher-level advisers, Raymond James Financial Services’ Investment Advisors Division increased the minimum level of assets under management required for new affiliations with registered investment advisers (RIA).
CAPTRUST Financial Advisors said that the principals of The Jones Blair Group of Wells Fargo Advisors will be joining the firm’s Charlotte, North Carolina, office.
Citi announced that financial advisers at Citibank branches will no longer provide commission-based transactions.
Teamwork: It can be both helpful and challenging, according to panelists at the PLANADVISER National Conference.
Commonwealth Financial Network introduced a “vendor-agnostic,” fee-based retirement platform.
Wirehouses can bring scale and product innovation to the retirement plan adviser—and pay the electricity bill for you, noted Ed O’Connor, managing director at UBS Financial Services.
At the PLANADVISER National Conference, a panel of big names in the independent advisory space discussed why independence might be a good choice for retirement plan advisers.
It’s often said that freedom comes with a price, and for some financial advisers, the price is worth it.