Articles published 8/2011
Headline
Publish date
Rough markets cull the advisory herd but in a healthy way, new Cerulli data shows
RIAs grow in numbers and strength
August 31, 2011 at 2:27 PM
The Carlyle Group gets a bigger testing paw into RIA waters
The giant private equity firm is putting capital toward an aggressive expansion of the $4 billion Avalon Advisors
August 30, 2011 at 3:39 PM
How McLean Asset Management is adding practices without making acquisitions
The New Hampshire and Virginia practice is bringing smaller RIAs in under its wing
August 29, 2011 at 2:20 AM
Four news items for RIAs
Banks buy RIAs again; UHNW go nuts for iPads; the CFP Board gets much tougher; a big IBD gets a new president
August 26, 2011 at 5:13 AM
Should RIAs buy gold now as a hedge?
When the US went off the gold standard in 1971, things changed
August 26, 2011 at 5:08 AM
Schwab's rapid response to letter snafu seems to be smoothing ruffled feathers
The custodian garnered praise for its straightforward apology, but does the blunder point up a larger conflict of interest?
August 25, 2011 at 5:35 AM
Fiduciary leaders splinter into two advocacy groups over divergent views
Knut Rostad takes six people with him to start the Institute for the Fiduciary Standard
August 25, 2011 at 5:24 AM
How a formerly homeless Vietnam veteran became a big-time RIA
The financial planner and blues guitarist took a 'miracles' course in Waco, Texas and is allergic to 'salesy' investments
August 24, 2011 at 4:29 AM
Beta test of Schwab's grand integration plan draws rave, but will the slow rollout prove detrimental?
Schwabinstitutional.com data flows freely into Salesforce.com's CRM in 12-RIA trial
August 23, 2011 at 5:56 AM
Orion snags $2 billion Rehmann Financial account from Black Diamond
The mega-Michigan-based RIA had hyper-specialized needs
August 23, 2011 at 5:55 AM
Former Northern Trust CIO brings a cool billion and lofty credentials to HighTower
The RIA-to-RIA spin-away advisor will hold down offices in Seattle and Minneapolis and build support teams from scratch
August 22, 2011 at 2:57 PM
Private equity firm acquires First Allied
Lovell Minnick buys the San Diego IBD from Advanced Equities
August 22, 2011 at 2:56 PM
Commonwealth, Cetera and The ETF Store take notable actions
Commonwealth replaces Fidelity technology; Cetera snags Gene Goldman; an LPL vet, and upstart ETF Store takes another page out of Adam Bold's book
August 22, 2011 at 2:48 AM
Laser App is showing the prosaic business form's sexy side at its San Diego conference
Boring? Making the trip for the App Net event were folks from companies including: Schwab, TD Ameritrade, Pershing, Fidelity, Shareholders Service Group, Orion, Albridge, DST, Laserfiche, Redtail, MoneyGuidePro
August 19, 2011 at 8:04 PM
Was Schwab's letter of apology to RIAs good enough?
One advisor called the custodians reaction 'tepid' and others expressed have even stronger feelings
August 19, 2011 at 2:25 PM
Executive leaves Bloomberg with ambitious plan to unify the retail bond market
Kim Bang has experience consolidating securities exchanges and signed on as CEO at BondDesk
August 19, 2011 at 5:24 AM
RIA loses $10 million case against Raymond James the old-fashioned way
The case may have turned on the validity of written versus oral agreements
August 18, 2011 at 4:36 AM
Schwab redefines RIAs in its M&A study but experts say further refinement is needed
Registered Investment Advisors have $50 million of AUM and serve HNW investors
August 18, 2011 at 4:33 AM
RIABiz has its second birthday and reaches new milestones
The strategy remains the same - growth by good articles
August 17, 2011 at 4:01 AM
Russell Investments' CIO tells advisors that data is 'not consistent' with a recession
Back away from the ledge: Despite a 'mediocre' recovery, economists at the big money manager see hopeful signs for the future
August 17, 2011 at 3:56 AM
Envestnet and Chip Roame forge stronger tie
The large outsourcer has installed the high-profile consultant on its board of directors
August 16, 2011 at 3:05 AM
How RIAs can best pick alternative investments: Punt
This minefield is best left to experts with the right resources and expertise
August 16, 2011 at 2:58 AM
Three ways to use social media in turbulent markets
Rocky markets are the perfect time to use LinkedIn to ask for introductions
August 15, 2011 at 8:28 PM
Schwab's purchase of Windhaven made its asset growth soar -- and RIA assets may be the afterburners
The Boston-based phenom has gathered assets mightily in good markets but may do even better in bad ones
August 15, 2011 at 5:49 AM
Joe Duran calls current market hoopla The Great Perception Recession of 2011
On CNBC and in a letter to clients, the United Capital chief calls for caution but with a healthy dose of skepticism
August 14, 2011 at 9:36 PM
Revenge of the branch managers: Washington Wealth is rapidly putting ex-wirehouse workers in play nationwide
The fledgling RIA is swamped with interest and likes its high-class problems
August 12, 2011 at 5:14 AM
Top 10 tips for the 'social' financial professional when creating your LinkedIn profile
A search will often produce a professional's LinkedIn profile before his or her website.
August 12, 2011 at 5:11 AM
David Loeper is taking on UBS but his patent lawsuit is raising alarms in the RIA business
A pitched battle over the uniqueness of a financial planning process could result in thousands of advisors paying royalties
August 11, 2011 at 3:02 PM
Legal analysis: The chances that Wealthcare beats UBS or upends the financial planning community
The patent lawsuit could have real consequences for financial advisors
August 11, 2011 at 3:01 PM
100 advisors convene with Envestnet's Crager and Stategas' Rissmiller to share strategies for managing the market turmoil
Some clients are doubling down on equities
August 11, 2011 at 3:00 PM
Breakaway Movement II is kicking in, say Schwab and Fidelity execs
Spurred by waning wirehouse retention packages, a wave of advisors are poised to jump ship in 2012
August 10, 2011 at 5:00 AM
Six important things I learned about LPL at its focus11 conference in Chicago
Amid market madness, LPL announced that it had a rollover plan, gave its blessing to advisors starting their own RIAs and much more.
August 10, 2011 at 4:53 AM
Most provocative tweets of the RIA week
Market melee sets advisors a-Twitter using humor, sarcasm, downright frustration and off-color language to express themselves
August 10, 2011 at 4:45 AM
LPL keeps advisors abreast of careening markets at focus11 conference
Responding to a crisis situation, LPL adds computers, televisions and market updates to the mix
August 9, 2011 at 5:32 PM
What's behind LPL's decision to slash its ticket charges for advisors
The IBD is in a generous mood as it also pays dues to FSI on behalf of thousands
August 9, 2011 at 2:44 PM
Goldman Sachs' O'Neill gives optimistic report on conference call despite Standard & Poor's downgrade of US bonds
China's strong growth is the real leading indicator but the economist admits to losing some sleep
August 9, 2011 at 2:36 PM
What plunging equity prices say about bonds as a hedge for stocks
In a world of sophisticated hedges, the simplest way may still be best
August 9, 2011 at 6:54 AM
What RIAs need to know about the Standard & Poor's downgrade of US debt
For starters, some Fortune 500 companies already had lower borrowing rates than the US Treasury
August 8, 2011 at 3:02 PM
Why exactly Envestnet bought an investment manager that already sat on its platform
The $24 million purchase means FundQuest advisors will have direct access to PMC funds and avoids 'customer inducement costs'
August 8, 2011 at 4:57 AM
RIAs need to step it up in this market turmoil - or pay the consequences
It's vacation time but this opportunity to keep clients and win prospects won't last
August 8, 2011 at 12:48 AM
LPL lures a TD Ameritrade talent across the San Diego street
Mike Watson will bring his practice-management expertise to 1,400 LPL reps
August 5, 2011 at 1:09 PM
LPL opens focus11 to reporters for first time - with provisos
With the big IBD's business mix tilting more toward RIA custody, more open media policies seem to have followed
August 5, 2011 at 6:49 AM
Ebix may hit a CRM sweet spot for some RIAs
The strategic acquirer bought its way into wealth management CRM in 2009 but the 'rollup' label helped depress the company's shares
August 4, 2011 at 6:20 AM
Michael Joyce buys a stake in National Advisors Trust after taking a pass 10 years ago
Deal nets access to cheap trust services, a capital investment, the possibility of a dividend and a close-knit group of RIAs
August 4, 2011 at 6:13 AM
Three advisors tell why they fled Securities America for Commonwealth
Scandal soured the advisors on the Securities America and set them on a search for a firm with a compatible culture
August 3, 2011 at 6:06 AM
Advisors should go all-in to make PR worthwhile – otherwise, steer clear
Becoming a journalistic source takes planning, time, commitment and an enjoyment of the process
August 3, 2011 at 5:59 AM
Fearless Merrill Lynch team breaks away with $1 billion in broad daylight
Paul Pagnato and David Karp started their day in Washington DC and ended up in Reston, Va.
August 2, 2011 at 5:58 AM
Why RIAs would rather go to Twitter than talk to a wholesaler
Asset managers are cutting out the middle-man by going straight to the Web, study says
August 2, 2011 at 5:57 AM
How Warburg Pincus plans to grow The Mutual Fund Store several-fold
National advertising, a shift to more company stores from franchises, delivering services by an e-commerce site and using ETFs are on the table at The Mutual Fund Store
August 1, 2011 at 5:34 AM
RIAs are managing client fears surrounding the debt ceiling crisis
Harvey Rowen of Starmont gave clients demanding out of the market a constructive way to approach it
