Clearinghouses/custodians

A top priority of the firm since 2018, advisors will financially be able to paperlessly open new accounts in June.

The move for the company’s primary advisory accounts will cut costs for clients and build its fee-based business, President Elizabeth “Libet” Anderson says.

Good Life Companies fosters competition among wealth managers for its own health and runs food stores and a gym.

CUNA Mutual Group’s wealth manager of 550 financial advisors will almost certainly represent the largest recruiting move in the sector next year.

The technology debuted at the annual INSITE conference reveals how the firm is looking to expand market share among advisors and fintechs.

It’s unclear whether the independent firm will retain any broker-dealer or RIA affiliation with Raymond James.

The custodian has 15 firms scheduled to transition before the end of this year. It hopes to migrate each of them over in less than six weeks.

Gabe Garcia had been working to transform E-Trade’s custodian since shortly after the retail brokerage purchased it in 2018.

With technology upgrades and the hiring of former TD Ameritrade recruiters, the No. 1 IBD eyes further expansion in the RIA channel.

The bank and asset manager has filed for four exchange traded funds in recent weeks, and its strategy for distribution starts with RIAs.

The Foundation for Financial Planning has been rallying financial planners and corporate executives for more than 26 years to help the people advisors typically don’t reach.

The company has benefited from a market surge, new investors and an uptick in broker breakaways.

The self-clearing custodian has unified its broker-dealer and RIA segments under one division at the company.

The company upped its recruiting package last year, a change that has been “very well received by prospective advisors,” according to the CEO.

Axos Financial, which has $14.4 billion across business lines, will gain $23 billion in new assets from 200 RIAs.

The company has experienced “dramatic increases” in new customers, call and trading volumes.

After the Schwab-TD merger, rival firms are re-thinking the settlement process, testing new pricing models, and improving advisor efficiency and service. Is David sprinting past Goliath?

It’s yet another revenue stream that may face pressure after the custodian spawned a race to zero commissions more than a year ago.

The partnership sets a new standard in the industry, according to Orion president Noreen Beaman.

Major hurdles stand in the way of wide adoption: regulation, security and cost.