Schwab-TD Ameritrade deal fallout ahead: job cuts, new HQ and more
Among immediate changes, Tim Hockey resigned as chief executive of TD. Here's what else advisors can expect.
View ArticleSchwab's massive deal must win over small investors, too
While the acquisition still needs regulatory approval, combining the two companies could be considered “anti-trust” in a different way.
View ArticleIn sign of fiduciary shift, sister-brother team launches indie RIA with Dynasty
The ex-Northwestern Mutual advisors dropped their broker registrations, selecting the TAMP and platform’s services in the process.
View ArticleWill Schwab use TD Ameritrade deposits to fuel banking expansion?
In search of new sources of revenue now that it has slashed fees on stock trades, the brokerage giant could use the influx of deposits to grow its loan portfolio and add new banking services.
View ArticleFidelity is leading Vanguard, Schwab in brand equity. Here's why
The firm has the edge in “unaided awareness”— a crucial metric in understanding a firm’s significance to the lives of potential clients.
View ArticleSchwab hires small RIA guru ahead of TD Ameritrade acquisition
Tom Bradley, known as an advocate for independent advisory firms, was hired to support advisors with under $100 million in assets.
View ArticleBetterment 'seeing a ton of inbound calls' after Schwab deal: Jon Stein
The robo advisor is also pursuing more banking business.
View ArticleWhat a vastly larger Charles Schwab could mean for Fidelity
After acquiring TD Ameritrade, Schwab’s custodial division would grow to about twice the size of its closest competitor.
View ArticleToo big to succeed? Implications of the Schwab-TD Ameritrade behemoth
Who wins, loses after the massive BD merger crosses the finish line?
View ArticleHow to succeed in the low-margin custody business: Lightning Round with...
After considerable changes in 2019, how will the firm navigate fee compression and answer renewed questions over whether it competes with RIAs for clients?
View ArticleSchwab moves beyond millennials with new robo feature
With Portfolio Intelligent Income, the discount brokerage is shifting some of its focus toward clients ready to spend their investments.
View ArticleWho’s benefiting most from commission-free trades?
While advisors have embraced cheaper trades, the move may have long term effects on strategies for client portfolios.
View ArticleSmall M&A firm denied attempt to take on Schwab's TD Ameritrade deal
BlackCrown tried to call foul on Schwab’s anticipated acquisition, asserting it would become an “unlawful monopoly” and stifle innovation in the custodial marketplace.
View ArticleNew Fidelity fintech slashes clients’ information overload by 20%
The custodial giant is aiming to cut down on the time involved with opening accounts — which advisors often view as a drain.
View ArticleSchwab-TD deal: No repapering for RIA clients; DOJ wants more info
TD Ameritrade’s Tom Nally revealed that and other key details as the two firms press ahead with a proposed acquisition.
View ArticleComing this year: the new E-Trade?
The firm will move from a bank custodial platform to a brokerage platform in the second quarter — all while getting a radical face lift.
View ArticleA ‘paradigm shift’ in sexual harassment culture
In the latest episode of Financial Planning’s new podcast series, advisor Rachel Robasciotti discusses her activism around mandatory arbitration and relates the remarkable story behind her RIA.
View ArticleTD Ameritrade to launch next-gen matchmaking, M&A platform
RIA Connect is “light-years” ahead of its last iteration and will be available by June, says the custodian.
View ArticleSchwab wants TD but DOJ has questions — and not just for Schwab
The agency is seeking additional information from the firms as well as competitors and advisors.
View Article7 key takeaways for RIAs from Schwab’s annual business meeting
Direct indexing, heightened competition and advisor tech platforms were just some of the critical details executives discussed.
View Article
