Clearinghouses/custodians

CEO Walt Bettinger says advisors tell him they aren’t worried about the new pricing model.

The updates include access to the ultrahigh-net-worth portfolio management and customer relationship management systems.

The slowing is part of an overall industry slowdown that experts don’t think will last.

The custodian expects the business to grow quicker in different hands, according to an internal memo.

Startup or low-AUM firms have options outside of the big four.

Ladenburg Thalmann’s largest IBD also says it recruited more than 300 advisors with $2 billion in AUM in 2018.

The value custodians offer RIAs is not going away any time soon, but it is has changed.

The firm expects to add $10 million in revenue once the deal closes later this year.

Advisors cheered when Tim Hockey told them that growth in the retail channel would not come at the expense of its institutional network.

In a sweep of changes, the custodian is embracing an open architecture technology platform.

The custodian's newest fintech partnership is meant to keep data safe while dealing with third-party vendors.

Advisors report what they love — and hate — about tech at companies holding client assets.

The program could connect 4.9 million brokerage accounts to firms selected for the advisor network.

The custodian says as it rebuilds for a digital era, hiring technologists is a top priority.

The trading app's move to create its own clearing system signals broader goals.

Artificial intelligence is among three themes rapidly shaping development of advisor technology, said firms gathered at the T3 Enterprise conference.

Large teams formerly at wirehouses now account for 30% of new RIAs, according to new research by Schwab Advisor Services.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

The tax-focused IBD is betting on a switch to Fidelity and Envestnet while undergoing a cultural shift.

With the increased popularity of open architecture systems, fewer RIAs are operating their practices solely based on proprietary tech from a custodian.