It’s no small task to build a firm from scratch. And while there are some breakaway advisors willing to go it alone, others aren’t even aware of where to start.
Fees, fintech and conversations about expanding the RIA platform were some of the topics discussed by Schwab’s CEO. The company has nearly $3.5 trillion in assets under management.
This time, the former Morgan Stanley executive has scooped up Cadaret, Grant & Co., the privately owned independent b/d based in Syracuse, N.Y., with about 900 advisors.