Ameriprise Adds 2 Teams with $272 Million in AUM

Mar 04, 2020

Two teams, one from Wells Fargo Advisors and another from Stifel Financial, have joined Ameriprise.

What’s Ahead for Tibergien, RIAs and Pershing?

Mar 04, 2020

Outgoing Pershing Advisor Solutions CEO Mark Tibergien still plans to do some consulting and coaching, and says his decision to retire had nothing to do with competitor Schwab’s upcoming merger with TD Ameritrade.

Breakaway Merrill Lynch Advisor Starts New California RIA

Mar 04, 2020

Jon Henderson has broken away from Merrill Lynch and is launching a new, independent RIA called Echo45 Advisors in Walnut Creek, Calif.

SEC Argues Reg BI Lawsuit Lacks Standing

Mar 04, 2020

Attorneys for the SEC submitted a brief on Tuesday arguing that the lawsuit submitted by XYPN and several states fails to address how the rule will affect broker/dealers.

Advisors, Millennials See Coronavirus as Buying Opportunity

Mar 04, 2020

Data from Envestnet and Apex Clearing indicates that financial advisors and millennial investors who use robo advisors bought the dip last week.

TDAI Advisors Fear Bad Service More Than Bad Tech

Mar 04, 2020

Even as new Schwab executive Tom Bradley tours the country reiterating the firm’s commitment to the sub-$100 million advisor, larger RIAs say they too are concerned with service levels and technology downgrades in the wake of the Schwab...

Schwab’s Biggest RIA Prizes in TDAI Acquisition

Mar 04, 2020

These RIAs have the most money custodied at TD Ameritrade Institutional.

Transparency With Diana B.: Coming Out of the Closet

Mar 04, 2020

This episode looks at LGBT issues from two different advisors: one who stayed in the closet at his advisory firm, and another whose son came out as gay at a young age. Both now advocate for and celebrate the LGBT community.

Pershing's Mark Tibergien to Retire

Mar 04, 2020

Ben Harrison, Pershing's head of business development and relationship management, will take over CEO duties on June 1.