Charles Schwab

The custodian has made three big announcements. The connection between the three may not be obvious, but together, they indicate what I think could be a brilliant strategy.

Planners — and RIAs that want to hire them — have faced hurdles tied to client solicitation rules.

BlackCrown tried to call foul on Schwab’s anticipated acquisition, asserting it would become an “unlawful monopoly” and stifle innovation in the custodial marketplace.

Even as new technology and changing client demands force firms to constantly upgrade, advisors have potent defenses to help them stay competitive.

Who wins, loses after the massive BD merger crosses the finish line?

After acquiring TD Ameritrade, Schwab’s custodial division would grow to about twice the size of its closest competitor.

The robo advisor is also pursuing more banking business.

Tom Bradley, known as an advocate for independent advisory firms, was hired to support advisors with under $100 million in assets.