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    Articles published 2/2010


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    Les Abromovitz: When the SEC takes a stand on social media, it is likely to reach many of the same conclusions
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    FINRA guidance may help RIAs avoid social media blunders

    February 26, 2010 at 7:49 AM

    Even employees' LinkedIn profiles ought to be supervised

    Read more →

    Joe Duran: Nobody thinks of Cisco as an acquiring company because they have one culture [and by following that example] that's how we end up with an arbitrage
    Read more

    The faces of United Capital on an idyllic spring day on the Berkeley campus

    February 26, 2010 at 7:04 AM

    Photographs of United Capital partners and executives at the Haas School of Business event

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    Elisse Walter: We’ve been making it too hard on ourselves.
    Read more

    SEC's Walter looks for an easier way out on fiduciary question

    February 25, 2010 at 10:56 PM

    Johnson amendment gains primacy as jockeying continues on the Hill

    Read more →

    Joseph Vietri: Check-up calls on wire transfers will continue indefinitely and more safeguarding steps will be added to the program
    Read more

    Schwab won't stop at wire transfer check-up calls in its quest for airtight security of RIA client assets

    February 25, 2010 at 5:36 AM

    Top service exec at big custodian says the tumult of the last 18 months led to the escalation of asset safeguards

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    Joe Duran: Our goal is to [help make] our partner firms into the dominant market leaders in their respective cities and to help build several $5 to $10 million offices in the next few years.
    Read more

    United Capital calls its partner firms to Berkeley to help execute ambitious plan

    February 25, 2010 at 5:36 AM

    Haas business school professors will orient consolidator's RIAs toward new ways of looking at growth

    Read more →

    Jay Quinn will help Barnaby Grist to make Cetera's broker-dealers better for hybrid RIAs
    Read more

    Jay Quinn joins Cetera subsidiary to help Barnaby Grist pave way for more hybrid RIAs

    February 24, 2010 at 7:34 AM

    Two ex-Schwab executives unite in Los Angeles to upgrade old ING platform

    Read more →

    Steve Walkenbach is heading Scottrade's RIA custody unit but the company is seeking a replacement for Doug Talir
    Read more

    Scottrade is ramping up marketing -- with an interim leader at the helm

    February 24, 2010 at 7:33 AM

    The St. Louis-based discount broker has big momentum and a big position to fill

    Read more →

    Robert Eisenbeis says the too-big-to-fail legislation is likely to be complex and arcane. "This is the sausage," he says.
    Read more

    A different take on too-big-to-fail

    February 23, 2010 at 11:29 PM

    Shadow Committee posits that bankruptcy law may be better after all

    Read more →

    Roger Hartley and Keith Mitchell: We are fairly eclectic in terms of the types of businesses we think we can be helpful with.
    Read more

    New M&A firm with Putnam Lovell alumni appears on the wealth management landscape

    February 23, 2010 at 6:19 AM

    Mitchell Hartley straddles world of asset management and wealth management

    Read more →

    Don Trone: Plan sponsors want advisors who can lead the way.
    Read more

    7 things a financial advisor needs to know to succeed in the 401(k) business

    February 23, 2010 at 6:17 AM

    Needy plan sponsors are green pastures for those with the right tools

    Read more →

    George Tamer let it be known that technology without a dedicated effort by the financial advisor won't yield great results
    Read more

    The T3 conference hit its stride Friday with key speeches and a hum of activity

    February 22, 2010 at 3:42 PM

    An IBM big wig cleared up some issues surrounding 'cloud' computing

    Read more →

    Steve Bartlett: If we can move the needle and get our hundred companies into the automatic transfer [system], it will change the economy of this country in a profound way in a few short years.
    Read more

    Giant push is on in Washington to create a nation of savers

    February 22, 2010 at 6:18 AM

    Banks are taking the lead but companies like Fidelity Investments, Raymond James, and Edward Jones plan to jump aboard

    Read more →

    Elaine Lennox of IBM was the main event
    Read more

    Faces of the T3 conference in San Diego

    February 20, 2010 at 8:13 AM

    Top IBM-er lets crowd know that cloud computing is a nebulous subject

    Read more →

    Matt Abar is talking up his vision of the future at the T3 conference
    Read more

    T3 conference sizzles under the hot San Diego sun

    February 19, 2010 at 7:09 AM

    RIA event is all about making expensive business decisions

    Read more →

    A peek at our admin system
    Read more

    How we have leveraged Google services to jumpstart RIABiz

    February 19, 2010 at 7:09 AM

    Thinking of building a website? We might advise a closer look at the search giant

    Read more →

    Tim Johnson: Proposing a study instead of immediate reform of fiduciary standard
    Read more

    Johnson amendment a stalking horse for FINRA oversight of RIAs?

    February 18, 2010 at 5:24 AM

    Advisor groups say legislative language lays ground for shift or regulators; others see it is a 'prudent measure'

    Read more →

    James Carney: There's little pushback from clients on the idea of fees on held-away assets
    Read more

    Nearly half of advisors now charge clients to manage held-away assets

    February 18, 2010 at 5:19 AM

    Shift in billing protocol solves problems for advisors and the clients

    Read more →

    Bernie Clark: We will be spending a great deal of money
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    Schwab is a big custodian with plans to step it up in 2010

    February 17, 2010 at 8:10 AM

    Bernie Clark will have a juggling act of keeping service top notch and shoring up the hybrid offering

    Read more →

    David Hou and Mark Sear  believe cold calls have a place at an RIA.
    Read more

    Hou-Sear team applies Goldman Sachs marketing approach in second year as RIAs

    February 16, 2010 at 5:01 PM

    Luminous Capital uses intensive cold-calling and a breakaway strategy to augment giant referral flow

    Read more →

    Matt Mathias: Every time there's a merger, clients are disrupted.
    Read more

    Consolidation pushes a veteran of Wachovia, U.S. Trust, National City into the RIA space

    February 16, 2010 at 5:53 AM

    Trendspotters see increase in bank breakaways as wealth management divisions consolidate

    Read more →

    Ron Rhoades: If investment advice becomes a profession, demand will soar.
    Read more

    Part One: Investment Advisers: Is our path toward, or away, from a true profession?

    February 15, 2010 at 5:57 AM

    An argument for taking the high road

    Read more →

    Washington's attention to financial advice is a major step in its evolution
    Read more

    Part Two: The last advice model standing

    February 15, 2010 at 5:55 AM

    Five links on the evolutionary chain toward a profession

    Read more →

    Chet Helck: We are still attracting top-tier advisors
    Read more

    Raymond James wins breakaway brokers that are 'pragmatists'

    February 13, 2010 at 6:20 AM

    With the get-me-out-of-here mentality mostly gone, a breakaway of a more deliberate stripe steps forward, recruiter says

    Read more →

    Joel Bruckenstein says it was the final straw when his speech at a big industry conference got bumped into nighttime.
    Read more

    The T3 conference has a rebellious air and the makings of success

    February 12, 2010 at 6:02 AM

    Bruckenstein and Drucker channeled their frustration about industry conferences into creating a tech mecca for RIAs

    Read more →

    Fortigent LLC posted this photo for clients as a nod to the snow
    Read more

    Beltway-area advisors are rocked by the snowstorms of the century

    February 12, 2010 at 6:00 AM

    Financial advisors are out shoveling like crazy but web connections minimize setbacks

    Read more →

    Jessica Bibliowicz: We acted quickly in a difficult environment. We are now a stronger and more seasoned company.
    Read more

    Bibliowicz's turnaround plan for National Financial Partners includes rolling up RIAs

    February 11, 2010 at 6:47 AM

    Publicly traded consolidator sees RIAs deals as a promising avenue of growth and stable earnings

    Read more →

    Charles Goldman: Because this industry is filled with so many wonderful people, I truly believe that the best is yet to come.
    Read more

    Postscript to the story of Charles Goldman parting ways with Fidelity Investments

    February 11, 2010 at 6:36 AM

    Many people are still coming to grips with the quick split of the attractive couple

    Read more →

    Frederick Van Den Abbeel has made CNBC his ally in recruiting RIAs to his Florida-based custodian
    Read more

    Trade-PMR is elbowing its way into the RIA custody market with cheap software and expensive advertising slots

    February 10, 2010 at 5:35 AM

    Florida custodian is opening its doors to career-changers and smaller IBD reps who want to become RIAs

    Read more →

    Jessica Bibliowicz is taking big steps to keep her company out of the red
    Read more

    NFP found profitability but shed firms and office space last quarter

    February 10, 2010 at 5:33 AM

    Big roll-up is using drastic measures to make ends meet

    Read more →

    One predator willing to feast on wirehouse talent that has yet to sign the broker protocol
    Read more

    Broker protocol list grows again and RIABiz is keeping a running count

    February 10, 2010 at 4:47 AM

    Firms poise themselves legally to pounce on wirehouse talent

    Read more →

    Frank Shull: Our pipeline is very full.
    Read more

    Focus Financial looks more like a consolidator-of-consolidators as its partner firms go on buying sprees

    February 9, 2010 at 5:36 AM

    Lara, Shull pulls off five deals to nearly double its assets in a year

    Read more →

    Gerri Leder: Where do you find help with social networking? Check the college intern boards.
    Read more

    How to execute a social media strategy: Take a college kid to lunch

    February 9, 2010 at 4:34 AM

    All the social media seminars in the world may be no substitute for the kid at Starbucks with the blue hair

    Read more →

    Fred Tomczyk: RIAs will continue to get what they need from TD
    Read more

    7 signs that TD Ameritrade's big conference may be a harbinger of bigger things

    February 8, 2010 at 5:36 AM

    The #3 custodian is choosing its own path

    Read more →

    Ed Clark told Fred Tomczyk to 'blow Schwab and Fidelity out of the water.'
    Read more

    Ed Clark: TD Ameritrade will not compete with RIAs through its branches

    February 8, 2010 at 5:36 AM

    'Absolutely not' he says in response to RIA's quiz about spread of Canadian practices to US

    Read more →

    Kenneth Kaltman bags the Clinton, Bush chairs in lunchtime auction
    Read more

    Distant snows and lunchtime auction keep TD Ameritrade conference buzzing today

    February 5, 2010 at 6:55 PM

    Some East Coast attendees rearrange schedules to avoid spending unplanned weekend in Orlando

    Read more →

    Rob Isbitts: Markets go through several little bi-polar episodes before they return to sanity.  Don't fight that, expecting to "get even" quickly
    Read more

    10 penalties that apply to investors as well as to football players

    February 5, 2010 at 4:45 PM

    Don't cut your gains and let your losses run

    Read more →

    Barnaby Grist helped develop sales and business development strategies for Schwab
    Read more

    Barnaby Grist is leaving Schwab and Jon Beatty is stepping up

    February 5, 2010 at 4:47 AM

    The prominent Schwab executive goes for a new opportunity in Los Angeles

    Read more →

    Tom Bradley: Says TD Ameritrade's conference, long second to Schwab's, now is the industry's  best-attended
    Read more

    Tom Bradley and Fred Tomczyk team up to give forward-looking state-of-the-TD Ameritrade speech

    February 4, 2010 at 11:21 PM

    The Omaha-based parent of the RIA custodian is launching a four-year push on technology

    Read more →

    Patrick Burns: You want your full book protected -- not half your book
    Read more

    An ex-wirehouse broker and a regulatory lawyer divulge breakaway insights at TD Ameritrade conference

    February 4, 2010 at 5:22 AM

    Burns recommends to TD breakaway prospects that they resist discussing with clients the reasons they broke away

    Read more →

    Bernie Clark: Advisors just appreciate us understanding them and this [move] supports that understanding
    Read more

    Why RIAs see Bernie Clark's appointment at Schwab as a positive event

    February 3, 2010 at 7:27 AM

    The new head of the RIA unit needs no introduction for most Schwab advisors

    Read more →

    Tom Bradley: We were very, very pleased with how we did across our advisory service business, and we’re set up well for 2010
    Read more

    Where TD Ameritrade has come since its 2006 merger and where it is headed in 2010

    February 3, 2010 at 5:42 AM

    The Jersey City-based custodian keeps finding ways to grow, improve and land on its feet

    Read more →

    Ron Fiske: You don't have to have that discussion with clients about what the right forum is to do business
    Read more

    9 things RIAs need to know about Fidelity's pricing moves on equities and ETFs

    February 3, 2010 at 5:25 AM

    The trade commissions grab headlines but ETF cuts are a glimpse of the future

    Read more →

    Jim McCool handed over some of his duties to Bernie Clark to sharpen focus
    Read more

    Jim McCool makes Bernie Clark the head of Schwab Advisor Services

    February 2, 2010 at 6:12 PM

    Move brings Clark up a notch from sales and unifies a bifurcated structure

    Read more →

    Derek Bruton's hybrid RIA platform receives an endorsement from an unlikely source: Morgan Stanley
    Read more

    Top 10 findings of Morgan Stanley report include: Schwab as the best RIA custodian, LPL for highest advisor satisfaction

    February 2, 2010 at 6:10 AM

    Wall Street's endorsement of the RIA model is a sign of the times in the industry, analysts note

    Read more →

    Les Abromovitz: Regulators are very wary of advertising and marketing efforts aimed at senior investors, including the so-called free-lunch seminars.
    Read more

    SEC’s heightened interest in the older set means advisors should pay heed

    February 2, 2010 at 5:13 AM

    Questions of diminished capacity, appropriate investing strategy apply

    Read more →

    Stephen Finn is betting on  Maiorano to keep his growth streak alive
    Read more

    Stephen Finn taps Maiorano to take small custodian to the next level

    February 1, 2010 at 6:13 AM

    Schwab RIA pioneer plans to make his custodian more mainstream

    Read more →

    Brooke Southall: The Custody Project has grown to do justice to the scope and quality of the material it covers
    Read more

    Asset Custody Project rolls forward

    February 1, 2010 at 6:09 AM

    The scope of the RIABiz plan for 2009 recaps and 2010 outlooks of RIA custodians took on a life of its own

    Read more →

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