Clearinghouses/custodians

Independent firms need capital, but some top executives question private equity's benefits.

Custodian Trust Company of America helps RIAs create their own automated offerings.

Capitol Securities Management says it wanted a partner with more retail brokerage experience.

Bottom line retail pressures may have tripped up the top executive, one expert says.

The big custodian chose a 35-year company veteran to take over the long-vacant position.

Custodied assets from advisers are shifting in unexpected ways, as Financial Planning’s exclusive research shows.

Nontraditional offerings are becoming critical for differentiation, says a new Schwab study. Advisers will also need to provide more services for the same fee, says Bernie Clark, head of Schwab Adviser Services.

C.L. King & Associates argued it did not break any FINRA rules.

Which firms showed “meaningful progress” in improving client experience? And which one slipped?

The firm’s chief received a nearly 60% raise in 2016, dwarfing the compensation of several rivals.