Clearinghouses/custodians

The wirehouse has big reasons to pursue the deal, but the online brokerage's 225 independent advisor firms are not among them.

The all-stock takeover adds E-Trade’s $360 billion of client assets to Morgan Stanley’s $2.7 trillion.

The proposed acquisition is under scrutiny from advisors as well as the Justice Department.

Direct indexing, heightened competition and advisor tech platforms were just some of the critical details executives discussed.

The agency is seeking additional information from the firms as well as competitors and advisors.

In the latest episode of Financial Planning’s new podcast series, advisor Rachel Robasciotti discusses her activism around mandatory arbitration and relates the remarkable story behind her RIA.

The firm will move from a bank custodial platform to a brokerage platform in the second quarter — all while getting a radical face lift.

The custodial giant is aiming to cut down on the time involved with opening accounts — which advisors often view as a drain.

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

While advisors have embraced cheaper trades, the move may have long term effects on strategies for client portfolios.

With Portfolio Intelligent Income, the discount brokerage is shifting some of its focus toward clients ready to spend their investments.

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.

The firm has the edge in “unaided awareness”— a crucial metric in understanding a firm’s significance to the lives of potential clients.

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.