Articles published 5/2016
Headline
Publish date
Edelman Financial gets its CEO from LPL but the chief executive's job description isn't exactly what the old one was
May 31, 2016 at 8:47 PMThe $16-billion-AUM RIA's poach of Ryan Parker gives Ric Edelman the bandwidth to exert more of his people power
How my mother-in-law steered my career from Olympic swimming in New Zealand to fee-based advising in the US
May 27, 2016 at 3:49 PMI was a 1988 bronze medalist -- a first for a Kiwi male -- taught swimming, sold Speedos, but wanted to help others avoid the fate of my badly advised parents -- a path that took me to the World Trade Center as a Morgan Stanley trainee in 2001
Eaton Vance leads a $40-million investment round in SigFig with an eye toward capturing some of its lightning to spark NextShares
May 26, 2016 at 8:18 PMFor his millions, Eaton Vance's Tom Faust gets a seat at the SigFig table, which he hopes his firm can leverage
Pete Hess steps down at Advent Software just as Axys gets whodathunkit fix
May 25, 2016 at 2:49 PMDave Welling will co-head Advent with Robert Roley as Black Diamond reporting is introduced to to Axys users
How Personal Capital plans to spend its $75 million of green to grow and become better known as the un-robo robo
May 24, 2016 at 12:32 AMUsing the Denver locale as lure, the Silicon Valley RIA will bulk up on advisors, engineers and marketers
With a nod to OSJ power and DOL rumblings, Gladstone convenes 100 advisors in Philly
May 23, 2016 at 4:22 PM10 OSJs walk into a room and the rest is silence for 90 locked-out attendees
Citing two RIABiz recent articles, a longtime reader tells us why our hedge fund coverage is skewed
May 20, 2016 at 5:51 PMThere's a place for alternatives in the post-crash era, our correspondent writes, especially when 60/40 portfolios are not a universal panacea
As a self-aware Sallie Krawcheck launches at TechCrunch Disrupt, Ellevest embraces the peril of selling algorithms to women
May 20, 2016 at 5:35 PMAutomation is hard enough but the ex-Merrill chief is resolved to deliver to women what they want even if its means giving them what they don't think they want
Personal Capital gets $75 million investment and an ex-Schwab retail chief in Jeff Carney
May 19, 2016 at 11:30 AMThe Bill Harris-founded call-center RIA, which manages $2.4 billion in assets, hits it $500-million bogey for valuation
What's up with Mercer blaming 'political pressure,' bad press and even investor bad timing for hedge fund ills
May 18, 2016 at 9:21 PMThe big NY talent consultant counters the national media's growing attention to the stumbles and pitfalls of these managers of $3 trillion of assets
Why there's more to the UBS-SigFig deal than meets Sergio Ermotti's gimlet eye
May 17, 2016 at 6:52 PMUBS's New York and Switzerland C-suiters tromped through the San Francisco robo's digs for months before striking this bellwether deal
Ric Edelman hires former what's-in-your-wallet Capital One CMO to replace former Verizon can-you-hear-me-now? guy
May 16, 2016 at 8:20 PMJames Mendelsohn aims to realize the 'potential energy' of the growth-stalled RIA empire Edelman Financial by exercising branding and marketing skills
How the DOL brought the IRS wolf to the RIA door with its 'rule' -- think IRAs
May 13, 2016 at 10:19 PMThe Internal Revenue Service was always the IRA cop for individuals but now advisors may answer to the tax man
Why the 56-year-old scion of Wall Street barons is 'broke' but unforgiving toward the financial advisors who might have kept him rich
May 11, 2016 at 11:17 PMFrom a golden childhood in Buzzards Bay to a goat barn in the Alps, the baby boomer searches for the source of his paycheck-to-paycheck reality
TD Ameritrade threatens to cut loose Aequitas-tainted RIAs as the bad-college debt-fueled conflagration continues to burn
May 10, 2016 at 11:03 PMThe Aequitas Ponzi revelation in February -- that 1,500 investors were owed for more than $300 million in alternative asset notes -- did not begin to realize the depth of ties between the bilkers and bilkees
How an ex-DFA exec created a $1.2 billion TAMP in three years and why he's phasing out DFA funds for factor ETFs
May 9, 2016 at 8:30 PMAfter calling on DFA TAMPs like Loring Ward and Symmetry, the owner of Efficient Advisors saw an opening and a way to shave costs
After her Stanford B-school classmates rip on FAs at reunion, a stung Min Zhang takes uber north to Pershing RIA event to hear out Kitces, Tibergien and Poirier on the topic
May 6, 2016 at 9:05 PMMark Tibergien, Mike Kitces, Addepar CEO and others in San Francisco show pathway to capturing the hearts and savings of 'bankless' millennials
LPL invites 180 of its bigger-book reps to Dana Point as part of its latest Fortigent-fortified bid to move upmarket
May 5, 2016 at 8:04 PMAttendees said fast-talking presenters belied LPL's aspirations but perhaps bolstered its claim that the hoi polloi won't be forgotten
Mark Tibergien reveals big Pershing robo future as his firm partners with Vanare, SigFig and Jemstep -- and follows TD Ameritrade's open API lead
May 4, 2016 at 6:11 PMIn speech at St. Regis in San Francisco, the BNY Mellon RIA unit CEO says Pershing is taking a deeper robo plunge by signing on marquee names
DOL glows and Invesco glowers over $10 million settlement of alleged ERISA infraction
May 3, 2016 at 7:34 PMLabor Department's Phyllis Borzi praises Invesco Trust Company for 'stepping up' but the Atlanta fund company says it did nothing wrong and was merely extracting itself from DOL overreach
As Fidelity divorces American Express, Schwab steps in to launch AmEx cards -- with help from RIAs -- as part of broader effort
May 2, 2016 at 6:37 PMFidelity says the average user got $1,500 in cash back last year, suggesting the average annual card-holder spend is around $75,000
