News, Vision and Voice for
the Advisory Community

Articles Published June 2011

	Title	Date Published
	Advisor Spotlight: Two small Dean Witter breakaways are now Symmetry, a big DFA TAMP David Connelly and Patrick Sweeny grew to $6.5 billion of assets largely as an exclusive DFA shop but recent added Vanguard, BlackRock and State Street ETFs	Thursday 6.30.11
	Schwab encourages RIAs to adopt client segmentation but some don't approve The controversial practice is cherry picking to some advisors but experts say it's plenty fair and crucial for growth	Wednesday 6.29.11
	How one RIA is running his practice on a Mac and finding it totally doable Sunit Bhalla is taking full advantage of Apple to make sure he stays a one-man shop	Wednesday 6.29.11
	Advisors find big assets in some little-thought-of locales Retirement enclaves and emerging tech towns are among the wealthiest areas in the country, data indicates	Tuesday 6.28.11
	Adam Bold: The Mutual Fund Store is not for sale Company owner denies report but says he takes phone calls of outside financiers	Monday 6.27.11
	Schwab EXPLORE goes deep into the Rockies with big RIAs Top executives from corporate, Advisor Services and Windhaven mingled with advisors representing 5% of RIA assets in U.S.	Monday 6.27.11
	Tibergien uses brutal honesty to captivate big Schwab RIAs and others at San Francisco event The Pershing leader and former Moss Adams star lit into advisors on practice management issues	Friday 6.24.11
	Former Merrill Lynch analyst tells RIAs to steer clear of emerging markets Richard Bernstein sees Greece as the tip of the iceberg	Friday 6.24.11
	HighTower dangles array of hedge funds to lure breakaways Wirehouses have nothing on independents when it comes to access to hedge funds, firm says citing three-year study	Thursday 6.23.11
	Russell Investments and Fidelity both see disconnect between HNW investors and RIAs in separate studies Mere millionaires prefer fixed income and ultra-wealthy Tiger 21 members also edge toward perceived sleep-at-night investments	Thursday 6.23.11
	Review: How Redtail got hot fast among RIAs and how it plans to leapfrog itself Brian McLaughlin's mindset includes: Technology, appealing pricing and bootstrapping growth	Wednesday 6.22.11
	Three happenings in the RIA world right now The Innovative Alternative Strategies conference kicks off; United Capital brings aboard two high-level women advisors; and Ron Rhoades finally gets recognized for his efforts	Wednesday 6.22.11
	Five recent articles that show the RIA business just keeps hitting milestones Advent buys Black Diamond, Carson goes RIA, Duran champions consolidation, Schwab goes full-out into franchises, Brightscope grades RIAs	Tuesday 6.21.11
	Examiners may ask “Says who?” about your advertisements RIAs may run afoul of the SEC by using superlatives like "unparalleled" and "unique"	Tuesday 6.21.11
	Barron's top advisor shares the secrets to his success with rapt RIAs at TD event Ric Edelman puts marketing in a new light	Monday 6.20.11
	Fidelity sees potential 401(k) rollover magnet for RIAs: retirement income plans Clients receiving the extra level of planning refer and consolidate assets to their advisors, study shows	Monday 6.20.11
	TD Ameritrade will continue to provide free software to breakaways on an ad hoc basis Tom Bradley takes exception to how the giveaways are characterized	Friday 6.17.11
	12 takeaways for RIAs from a Schwab report about complex cost basis rule changes The onus is on the custodians but advisors will be expected to help, especially during tax season	Friday 6.17.11
	TD Ameritrade and Schwab at odds on franchise model TD's CEO Fred Tomczyk questions Schwab's approach to greater distribution using independent contractors	Thursday 6.16.11
	What a slew of recent RIA surveys say about the firms' hunger for growth Firms are ready to hire and recruit investors but they're aware that pitfalls abound	Thursday 6.16.11
	What one big RIA has to say about its switch from Advent Axys to Advent Portfolio Exchange It's a night-and-day improvement in terms of the two products' functionality and the conversion process to APX was fine, if lengthy	Wednesday 6.15.11
	How one company is making money by making Advent Axys data portable Empaxis outsources to India and some of its customers use the service before they choose to switch providers	Wednesday 6.15.11
	High-earning RIAs gather at TD's Elite Advisor Summit Many 'first-timers' journey to the Fountainebleau in Miami Beach to glean leadership tips to grow their businesses	Wednesday 6.15.11
	RIAs grapple with a rising threat to retirement: Adult kids that move back in with mom and dad Charging rent and creating a chore list are two ways of keeping mooching grown kids from getting too comfortable back in the nest	Tuesday 6.14.11
	Joe Duran tries out novel financial planning strategy on himself and his wife United Capital is seeking a replicable method for counseling high-net-worth couples	Tuesday 6.14.11
	Morningstar's Mansueto views next horizon: rating RIAs Company announces new forward-looking fund rating systems but how to rate advisors still has puzzling aspects	Monday 6.13.11
	Pershing clarifies how it's the un-Schwab and a far-flung crowd pours in to South Florida The INSITE conference draws a diverse set of advisors, Bush speaks and advisors get word on Dodd-Frank	Monday 6.13.11
	CEOs of BNY Mellon, Lincoln Financial and Legg Mason are stubbornly glum on Pershing INSITE panel Bloomberg interviewer finds it tough getting Kelly, Fetting and Glass to answer about where the dark economic tunnel ends	Friday 6.10.11
	After trying life as two silos, the custody units of BNY Wealth Management and Pershing will largely merge Collaboration and shared marketing are in the works	Friday 6.10.11
	TIAA-CREF is creating an RIA-only pre-screened list for referrals The big 403(b) provider is seeking to help plan sponsors concerned with meeting fiduciary obligations	Friday 6.10.11
	AIG's Advisor Group introduces a 100%-payout for big RIAs as part of a massive revamp of its fee-based platform The company is seeking to address the issue of having 65% of its advisors still managing assets themselves rather than using managers	Thursday 6.9.11
	Bill Gross wows advisors at Morningstar conference, but not with good news The bond king slammed fixed income investments and encouraged blue chip stock investments in a hard-hitting speech	Thursday 6.9.11
	Schwab spells out the details of its franchise plan The San Francisco broker is making five-year deals with dozens of financial advisors from across advisory channels	Wednesday 6.8.11
	Fidelity study: Breakaway RIAs could pocket millions in after-tax profits Dazzling wirehouse retainer deals are nice but going it alone can pay much, much better after taxes get figured in	Tuesday 6.7.11
	Eavesdropping on a well-kept secret: the FPA NorCal event Neel Kashkari, Michael Lewis, Bob Veres and a few others took a local event to a new level	Tuesday 6.7.11
	One RIA's unvarnished views on Advent, Black Diamond, Tamarac, IAS, Orion and Schwab PortfolioCenter after an odyssey of test drives Benjamin Baldwin is making the jump from PortfolioCenter to Orion after a brief affair, and lingering love, for Black Diamond	Monday 6.6.11
	RBC hires another Fidelity alumnus to boost its RIA unit's sales Sanjeev Rajput has 'hit the ground running'	Monday 6.6.11
	Pershing, TD, Schwab set to raise the curtain on late-spring conferences Pershing's event has presidents, prime ministers and Bill Belichick	Monday 6.6.11
	LPL Financial confirms that Akellian hire means big plans for its clearing services The firm is eying fellow IBDs as customers and it aims to gain footing with Pershing and NFS	Friday 6.3.11
	With inflation on a tear, 401(k) plans look vulnerable and BrightScope publishes a cheat sheet Some experts are running scared from rising prices and others see this as another false alarm	Friday 6.3.11
	HighTower is starting to run the poaching table in Palm Desert The Chicago firm's phone is ringing after it wins a top Morgan Stanley team on the heels of nabbing Merrill breakaways	Thursday 6.2.11
	What to make of yesterday's Wall Street Journal report on Schwab's 401(k) 'bet' RIAs favor WSJ's suggestion that Financial Engines is getting a close look as an outsourced 401(k) advice provider	Thursday 6.2.11
	Commonwealth's revamp of technology includes subtracting Advent The big IBD wasn't impressed with the value presented by third-party performance reporting companies	Wednesday 6.1.11
	In a twist, RIA opens a bank - to significant success Despite increased oversight, the one-stop-shopping model has worked for First Foundation	Wednesday 6.1.11