Clearinghouses/custodians

Charles Schwab is in early stages of its plans for the future of TD Ameritrade’s advisor division.

The newly combined firm is expected to transform the independent marketplace in terms of technology, talent and RIA choice.

The firm is consolidating its broker-dealer and standalone RIA custody units into one division.

It’s a big decision, and getting it right the first time around can avoid a lot of headaches, experts say.

Three out of the top four RIA custodians compete directly with their RIA clients through their networks of branch offices and call centers.

The firm’s National Financial Services allegedly failed to deliver certain basic information to clients in five public offerings of shares in a fuel cell technology company.

The custodian’s NetX360 desktop now supports biometric authentication.

The custodian has restructured the way it services RIAs and plans to scale.

New digital integrations with CAIS and iCapital make it easier for independent advisors to access private equity and hedge funds.

The company’s new self-guided tool will generate a plan for clients in as little as 15 minutes.

The regulator charged a $1.4 billion hybrid firm over disclosure of its cash sweep arrangements with its clearing firm.

We need to let go of the idea that everyone should own and trade stocks. Some people are emotionally unfit to do so.

As consolidation reshapes the market, the custodian sees an opportunity to attract tech-forward and multi-custodial firms.

The firm’s growth plans come as the industry experiences a new wave of consolidation among custodians and fintechs.

The firm is still determining which other pieces of technology it will retain after acquiring its rival.

He's the second executive to depart the custodian in the past two weeks.

A former engineer claims he was “routinely harassed and discriminated against” by the custodian and its management.

“Overall there were not many positive data points to hang your hat on,” according to analysts. Advisor headcount, net interest income and assets were down.

The firm's new suite of eight low-cost ETFs include two funds that are no-fee.

The acquisition, set to close later this year, will create a behemoth among custodians.