“The market does not care who wins. The market does not care about the horserace," said Charles Schwab's managing director covering legislation and regulation. Yet there is a laundry list of federal policies brewing that will impact advisors.
Direct indexing portfolios will be made available through the Morningstar Wealth Platform.
The acquisition of Financial Resources Group Investment Services marks the first time LPL has bought one of its own branch offices. The firm will keep its brand and leadership team.
Focus CEO Rudy Adolf says the firm is well positioned to take advantage of a larger trend, where M&A activity is stronger among small and mid-sized RIAs.
The commission’s rule update on advertising and marketing reaches its compliance date on Friday, and experts are warning firms to make sure they’re ready.
During IMPACT, Schwab outlined a far more detailed time line for advisors to make the transition from TD Ameritrade.
