RIAs

As robos take over investment management tasks and younger clients demand more services, advisors need to reimagine what they offer.

The regulator disclosed a transformative rule change, sparking outrage among fiduciary advocates and some advisors.

The rule can only be effective if the investing public accurately understands its implications, says the firms’ chief platform officer.

Brokers “have become accustomed to this kind of deal structure,” COO Ed Swenson says.

The fast-growing firm now has more than 100 brokers.

"The more objective you can make things, the better it will be," an expert says.

The firm is “looking to aggressively compete” by lowering and simplifying the fees on its advisory platforms, a top executive says.

The firm expects shareholders will save an estimated $3.2 million, annually.

“The amount of capital available to this industry is small relative to the size of the need,” says one new lender.