TD Ameritrade

When Advice Pay's Mary Moore shared the story of her alleged sexual assault, an outpouring followed. This public discussion is vital for change, says wealth manager Rachel Robasciotti.

In search of new sources of revenue now that it has slashed fees on stock trades, the brokerage giant could use the influx of deposits to grow its loan portfolio and add new banking services.

While the acquisition still needs regulatory approval, combining the two companies could be considered “anti-trust” in a different way.

Among immediate changes, Tim Hockey resigned as chief executive of TD. Here's what else advisors can expect.

Planners who manage less than $100 million in client assets question their future at Schwab.

Planners who manage less than $100 million in client assets question their future at Schwab.

Planners who manage less than $100 million in client assets question their future at Schwab.

America’s original discount broker will now have even more sway over the sector it pioneered nearly a half-century ago.

The deal would combine two of the biggest companies running platforms used by independent financial advisors.

The potential acquisition would unite two firms that custody assets for more 7,000 independent advisory firms.

he potential acquisition would unite two firms that custody assets for more 7,000 independent advisory firms.

The deal would consolidate an industry under pressure from a price war.

The LPL Financial advisor is using his new influence to help firms create policies to prevent sexual harassment.

The discount brokerage sees the move as a way to attract younger, less affluent investors.

Strategies may include building out RIA channels and cash sweep programs in efforts to make up for revenue declines.

“We all agree a conflict could arise in the future,” Schweiss says. “There are ways of potentially dealing with that.”

By slashing fees, custodians are also eliminating special ETF platforms they had spent the past five years building out.

The advisor advocate’s’ term, to begin in 2021, also will focus on increasing FPA membership.

As custodial pricing continues to fall, it’s still unclear where firms will make up the the money — but analysts and advisors agree other custodians will follow suit.

Other custodians are skeptical that financial planners want the tool in the first place.