RIA Rising http://wealthmanagement.com/blog/15194/feed en Schwab Sees Online Trading Upgrade for Advisors in 3Q 2013 http://wealthmanagement.com/blog/schwab-sees-online-trading-upgrade-advisors-3q-2013 <div class="node-body blog-body"><p> <span lang="EN">Plans to upgrade Web-based trading capabilities on Schwab Advisor Services&rsquo; platform are proceding slowly. The new system is being beta tested by a group of advisors, but don&rsquo;t look for a launch until the third quarter of next year, says trading platforms Director Kevin Kraus.</span></p></div> <p><a href="http://wealthmanagement.com/blog/schwab-sees-online-trading-upgrade-advisors-3q-2013" target="_blank">read more</a></p> http://wealthmanagement.com/blog/schwab-sees-online-trading-upgrade-advisors-3q-2013#comments RIA Rising Wed, 29 Aug 2012 22:14:00 +0000 215721 at http://wealthmanagement.com Bankruptcies Mar Disciplinary Records of Some CFPs http://wealthmanagement.com/blog/bankruptcies-mar-disciplinary-records-some-cfps <div class="node-body blog-body">More than 60,000 individuals hold the CFP designation, a mark of financial savvy, but some still have trouble managing their own money.</div> <p><a href="http://wealthmanagement.com/blog/bankruptcies-mar-disciplinary-records-some-cfps" target="_blank">read more</a></p> http://wealthmanagement.com/blog/bankruptcies-mar-disciplinary-records-some-cfps#comments RIA Rising Tue, 28 Aug 2012 21:36:00 +0000 215511 at http://wealthmanagement.com Rhoades Says Florida Will Register His RIA; No Fine for Compliance Error http://wealthmanagement.com/blog/rhoades-says-florida-will-register-his-ria-no-fine-compliance-error <div class="node-body blog-body"><p> Former NAPFA board member Ron Rhoades said this afternoon that the state of Florida has accepted the registration of his RIA and issued the lowest possible sanction over the compliance problem that caused him to leave the board this week.</p> <p> &nbsp;</p> <p> On Monday Rhoades, an attorney and professor who teaches financial planning in college, announced he had failed to register his RIA in time in Florida because he misunderstood the deadline for the registration.</p> <p> &nbsp;</p></div> <p><a href="http://wealthmanagement.com/blog/rhoades-says-florida-will-register-his-ria-no-fine-compliance-error" target="_blank">read more</a></p> http://wealthmanagement.com/blog/rhoades-says-florida-will-register-his-ria-no-fine-compliance-error#comments RIA Rising Thu, 23 Aug 2012 20:25:00 +0000 215231 at http://wealthmanagement.com FPA's Schadle to Succeed CEO Tuttle in October http://wealthmanagement.com/blog/fpas-schadle-succeed-ceo-tuttle-october <div class="node-body blog-body"><p> It was just two months ago that Financial Planning Association President Paul Auslander was suggesting that the organization was ready for fresh views on its future&mdash;a new chief executive, for example, didn&rsquo;t necessarily have to come from within the financial advisory industry, he told <em>REP.</em></p> <p> But when the FPA announced a successor this week for outgoing CEO Marvin Tuttle Jr., it didn&rsquo;t go far. Lauren M. Schadle, the group&rsquo;s chief operating officer and associate executive director, will assume Tuttle&rsquo;s job on Oct. 3.</p></div> <p><a href="http://wealthmanagement.com/blog/fpas-schadle-succeed-ceo-tuttle-october" target="_blank">read more</a></p> http://wealthmanagement.com/blog/fpas-schadle-succeed-ceo-tuttle-october#comments Industry RIA Rising Thu, 23 Aug 2012 18:21:00 +0000 215201 at http://wealthmanagement.com Ron Rhoades Is Out as NAPFA Chair-elect http://wealthmanagement.com/blog/ron-rhoades-out-napfa-chair-elect <div class="node-body blog-body"><p> An embarrassing lapse over the timely registration of his RIA has led National Association of Personal Financial Advisors Chair-elect Ron Rhoades to part ways with the board, although details of that parting were unclear this morning.</p> <p> &nbsp;</p></div> <p><a href="http://wealthmanagement.com/blog/ron-rhoades-out-napfa-chair-elect" target="_blank">read more</a></p> http://wealthmanagement.com/blog/ron-rhoades-out-napfa-chair-elect#comments RIA Rising Tue, 21 Aug 2012 14:19:00 +0000 215031 at http://wealthmanagement.com For this $1B Breakaway, Independence Was Not an Option http://wealthmanagement.com/blog/1b-breakaway-independence-was-not-option <div class="node-body blog-body"><p> The latest advisory team to join national RIA HighTower managed $1 billion at their former firm, Credit Suisse, and considered starting their own independent practice. They decided against running their own business, believing it would take up time needed to tend to the portfolios of their ultra-high-net-worth clients, one of the principals said today.</p> <p> &nbsp;</p></div> <p><a href="http://wealthmanagement.com/blog/1b-breakaway-independence-was-not-option" target="_blank">read more</a></p> http://wealthmanagement.com/blog/1b-breakaway-independence-was-not-option#comments RIAs RIA Rising Tue, 21 Aug 2012 12:00:00 +0000 215001 at http://wealthmanagement.com Olympian Advisors Look Back on Lessons Learned http://wealthmanagement.com/blog/olympian-advisors-look-back-lessons-learned <div class="node-body blog-body"><p> <span lang="EN">As the London Olympics wrap up, I&rsquo;ve been talking with a few financial advisors this week who participated in the international games when they were younger years earlier. It&rsquo;s striking how their experiences as athletes have a bearing on the manner in which they conduct their business today.</span></p></div> <p><a href="http://wealthmanagement.com/blog/olympian-advisors-look-back-lessons-learned" target="_blank">read more</a></p> http://wealthmanagement.com/blog/olympian-advisors-look-back-lessons-learned#comments Prospecting RIA Rising Fri, 10 Aug 2012 15:42:00 +0000 213981 at http://wealthmanagement.com Vanguard's Bogle to Lead Advizent's Standards Board http://wealthmanagement.com/blog/vanguards-bogle-lead-advizents-standards-board <div class="node-body blog-body"><p> Jack Bogle, founder of The Vanguard Group and an advocate for a federal fiduciary standard, will lead an independent board that will set standards for advisors at the recently launched RIA consortium, Advizent.</p> <p> &nbsp;</p> <p> The consortium aims to build a national brand for RIAs in part by establishing best practices that its member firms would be obligated to abide by. Advizent is recruiting practices with assets of $250 million and up; last month it reported that 80 firms with AUM of more than $107 billion had expressed tentative interest in joining the outfit.</p></div> <p><a href="http://wealthmanagement.com/blog/vanguards-bogle-lead-advizents-standards-board" target="_blank">read more</a></p> http://wealthmanagement.com/blog/vanguards-bogle-lead-advizents-standards-board#comments RIAs RIA Rising Tue, 31 Jul 2012 17:12:00 +0000 212861 at http://wealthmanagement.com fi360's Biggest Tech Project has Schwab as a Client http://wealthmanagement.com/blog/fi360s-biggest-tech-project-has-schwab-client <div class="node-body blog-body"><p> Fiduciary education provider fi360 has completed what Chief Executive Blaine Aikin describes as its biggest technology project yet: a system that will make its advisor toolkit available to clients of the nation&rsquo;s largest custodian, Charles Schwab.</p> <p> &nbsp;</p> <p> Schwab&rsquo;s Retirement Business Services unit, which offers trustee and custody services to advisors and recordkeepers who work with small retirement plans, has integrated fi360&rsquo;s toolkit into its platform.</p> <p> &nbsp;</p></div> <p><a href="http://wealthmanagement.com/blog/fi360s-biggest-tech-project-has-schwab-client" target="_blank">read more</a></p> http://wealthmanagement.com/blog/fi360s-biggest-tech-project-has-schwab-client#comments RIAs Regulation & Compliance RIA Rising Fri, 27 Jul 2012 19:48:00 +0000 212431 at http://wealthmanagement.com Schwab Sees Slower M&A in Second Quarter http://wealthmanagement.com/blog/schwab-sees-slower-ma-second-quarter <div class="node-body blog-body">RIA M&A fell off in the second quarter, Schwab Advisor Services said today.</div> <p><a href="http://wealthmanagement.com/blog/schwab-sees-slower-ma-second-quarter" target="_blank">read more</a></p> http://wealthmanagement.com/blog/schwab-sees-slower-ma-second-quarter#comments RIAs RIA Rising Thu, 26 Jul 2012 22:10:00 +0000 212261 at http://wealthmanagement.com CFP's Planned "Handbook" Will Be a Handful http://wealthmanagement.com/blog/cfps-planned-handbook-will-be-handful <div class="node-body blog-body">The CFP board plans to release a financial planning handbook next spring.</div> <p><a href="http://wealthmanagement.com/blog/cfps-planned-handbook-will-be-handful" target="_blank">read more</a></p> http://wealthmanagement.com/blog/cfps-planned-handbook-will-be-handful#comments Industry RIA Rising Wed, 25 Jul 2012 22:17:00 +0000 212181 at http://wealthmanagement.com The "Feelgood Effect" of Financial Planning http://wealthmanagement.com/blog/feelgood-effect-financial-planning <div class="node-body blog-body">Data released today by the CFP Board of Standards and the Consumer Federation of America that suggests households that have financial plans may actually enjoy an edge in outlook over non-planner households with higher income.</div> <p><a href="http://wealthmanagement.com/blog/feelgood-effect-financial-planning" target="_blank">read more</a></p> http://wealthmanagement.com/blog/feelgood-effect-financial-planning#comments Industry Retirement Planning RIA Rising Mon, 23 Jul 2012 19:22:00 +0000 211881 at http://wealthmanagement.com New HighTower Advisor Has Deep Academic Roots http://wealthmanagement.com/blog/new-hightower-advisor-has-deep-academic-roots <div class="node-body blog-body">National RIA HighTower recruits The Lerner Group, a Morgan Stanley Smith Barney team with more than $600 million in AUM.</div> <p><a href="http://wealthmanagement.com/blog/new-hightower-advisor-has-deep-academic-roots" target="_blank">read more</a></p> http://wealthmanagement.com/blog/new-hightower-advisor-has-deep-academic-roots#comments Industry RIA Rising Mon, 16 Jul 2012 15:49:00 +0000 210561 at http://wealthmanagement.com United Capital Deepens Its Recruitment Bench http://wealthmanagement.com/blog/united-capital-deepens-its-recruitment-bench <div class="node-body blog-body">United Capital Financial Advisers hires three new managers to boost its recruiting efforts.</div> <p><a href="http://wealthmanagement.com/blog/united-capital-deepens-its-recruitment-bench" target="_blank">read more</a></p> http://wealthmanagement.com/blog/united-capital-deepens-its-recruitment-bench#comments IBDs People RIAs RIA Rising Wed, 11 Jul 2012 21:10:00 +0000 209891 at http://wealthmanagement.com When FAs and CPAs Bid Adieu http://wealthmanagement.com/blog/when-fas-and-cpas-bid-adieu <div class="node-body blog-body">Mariner Wealth Advisors takes a majority stake in the wealth management unit of Orizon Group, an accounting and financial services group.</div> <p><a href="http://wealthmanagement.com/blog/when-fas-and-cpas-bid-adieu" target="_blank">read more</a></p> http://wealthmanagement.com/blog/when-fas-and-cpas-bid-adieu#comments Industry RIAs Business Planning RIA Rising Mon, 09 Jul 2012 22:21:00 +0000 209621 at http://wealthmanagement.com