In August, after 17 years with the firm, Ellyn McColgan stepped down as president of Fidelity Investments distribution and operations, which includes Fidelity Registered Investment Advisor Group (FRIAG), the RIA custodian arm of the mutual fund...

After 17 years with Fidelity, Ellyn McColgan stepped down as president of Fidelity Investments distribution and operations, which includes Fidelity Registered Investment Advisor Group (FRIAG), the RIA custodian arm of the mutual fund giant. The...

Creating lists such as this can be a notoriously capricious business. For starters, why only 10 people? Good question. But it forces a silly answer: The number 10 is a good number simple as that. Yes, it's somewhat arbitrary, but the object is to...

Oy. What a headache. That's what many Series 7-carrying advisors are saying about the prospect of the end of the Merrill Lynch rule.

In the land of RIA custodians, Charles Schwab is king. Last year the online-broker-turned-advice-provider extended an already massive lead over rivals Fidelity and TD Ameritrade in RIA asset gathering. Is there no challenger to Schwab's throne...

More and more reps are becoming certified financial planners (CFPs). Trouble is that many wirehouse brokers with CFPs don't actually act as fiduciaries, as the designation currently requires. Should a wirehouse CFP be able to use the prestigious...

Certainly, going indie has a lot of appeal. And there are lots of stories of happy former wirehouse brokers who have flourished on their own. But it doesn't just happen. Take, for example, the wirehouse rep from the West Coast. The rep hadn&...

Bill Carey, former president of Fidelity's institutional retirement business and a 12-year veteran of the firm, was selected in late June to head up its registered investment advisor group (FRIAG). Carey spoke with Registered Rep. senior editor...

GunnAllen Financial, in Tampa, Fla., had been in business for six years and had about 200 brokers and $1.2 billion in assets. Its founders, Richard Allen Frueh (pronounced ) and Jay Gunn, realized they could not put their growth strategy on hold...

Patrick Horan, CEO of Horan Capital Management in Towson, Md., ran some numbers on the referrals he gets from custodian Charles Schwab today versus three years ago. He didn't like what he found. Not only has the percentage of leads steered to us...