News, Vision and Voice for
the Advisory Community
advertisement

Articles Published January 2012


1,600 Laserfiche users, vendors, resellers, consultants and technology partners assembled in Disneyland to learn about latest developments in content management.

Laserfiche user conference draws a big crowd that wants to toss filing cabinets
Dan Skiles, Bill Winterberg and Joel Bruckenstein lent an RIA air to the 1,600-person event

Tuesday 1.31.12
Mark Matson: It has the opportunity to be a very controversial show.

RIA/advisor coach Mark Matson invests half a million in a public television special
Matson is using the TV show, his book and personal appearances to spread his investment-strategy gospel

Monday 1.30.12
Bob Oros resigned from Trust Company of America on Jan. 17.

Fidelity hires Bob Oros as its new RIA sales chief
The Schwab and LPL veteran leaves Trust Company of America and fills a void left by Scott Dell'Orfano

Friday 1.27.12
Nick Georgis: We keep hearing conjecture about consolidation.

RIA deals fizzle in the fourth quarter but big-paying banks are getting back into the game
Schwab's latest numbers are a sobering reminder the M&A boom may remain elusive

Thursday 1.26.12
Will Kelly: We're not just a lift out.

United Capital signs on former advisors and principals of Harold C. Brown & Co.
The strategic buyer has found advisors who don't mind being employees -- as long as they can spend more time with clients

Thursday 1.26.12
David Barton: We have to live with the decision for a long time.

The TD Ameritrade-Orion pairing again proves productive -- this time to wrest assets from a $3.6 billion Schwab RIA
As part of a barrage of big moves by Mercer Advisors, Tamarac gets superseded for rebalancing

Wednesday 1.25.12
Rob Isbitts: Fool me once shame on you, fool me twice shame on me, fool me three times...I'm outta here!

12 for 2012: A dozen issues you and your clients should really be focusing on this year
A veteran investment strategist sifts through mountains of information overload to find the way forward -- and takes stock of his 2011 prognostications

Wednesday 1.25.12
Jim Pupillo: I looked at several vendor platforms to support us if we went completely independent.

HighTower stages its first raid of Morgan Stanley Smith Barney's elite consulting unit
A famous loyalist, Jim Pupillo crusaded for years to bring about change internally at Smith Barney before finally defecting

Tuesday 1.24.12
Les Abromovitz: "Social plug-ins,” such as the “like” feature, might be viewed by examiners as a testimonial.

Think about compliance before sending or posting those articles you read
A new SEC alert gives updated guidance regarding the pitfalls of using social media

Monday 1.23.12
Michelle Smith is looking for ways to handle growth.

Dynasty Financial and Black Diamond combine to pick off a big family office helmed by women
Alexandra & James Wealth Management uses the duo to replace Fortigent as it nears $1 billion of AUA

Friday 1.20.12
Garry Taylor says he likes the Focus model better because advisory firms get to keep their identity.

Second ex-Fidelity exec in a year nabbed by Focus Financial
Garry Taylor's hire comes as Focus shifts it emphasis from acquiring existing RIAs to luring breakaway brokers

Friday 1.20.12
Chip Roame: They can offer a traditional payout of 40% or so and pay for personnel, rent, technolog or they can pay a higher payout.

Wirehouses will create their own independent models, Tiburon report says
WIll 2012 be the year that wirehouse 'halfway houses' catch fire?

Thursday 1.19.12
Dave Welling: Black Diamond is eager to commit development time to enhance our Tamarac integration.

Tamarac shuts out Black Diamond from integration
The Seattle-based software company says it's a data issue but Black Diamond says it'll expend resources to serve mutual clients

Wednesday 1.18.12
Mitchell Caplan: That's what happened with E*Trade and it validates us and lets us know we're doing the right thing.

What ex-E*TRADE CEO Mitchell Caplan says emboldened him to lead an $83 million management coup of Jefferson National
By pouring in capital from a former Goldman Sachs leader and others into a bigger sales effort, Caplan believes sales of annuities through RIAs are set to explode

Tuesday 1.17.12
Matt Stroh: We've have had another consecutive year of over 50% revenue growth.

What Tamarac's overhauling of its Advisor Xi has yielded
The Seattle company's wants RIAs to buy into its whole system so it's sprinting to create the latest word in integration

Tuesday 1.17.12
Robert Powell: Technology has advanced more over the past year than in the previous decade.

RIAs in the catbird seat to leverage straight through processing in 2012
The goal is to keep client information online in a 'living, breathing form' so that the live data can benefit everyone in the chain

Tuesday 1.17.12
Roger Hewins: We’re talking about now having 22 locations in 12 states.

A $2.6 billion Schwab RIA grapples with gaining a $420 million Securities America rep firm -- and a big footprint
The Wipfli-Eide Bailly accounting merger doubles Hewins Financial Advisors' opportunity to convert CPA client funds to AUM, analysts say

Friday 1.13.12
Valerie Brown says that the deal cements Cetera's message about scale and diverse capabilities.

What the Cetera-Genworth IBD deal says about where these companies are headed
Cetera starts looking more like an IPO candidate and Genworth shucks a distraction from its asset-magnet TAMP

Thursday 1.12.12
Blair Hodgson: I made it through the first year and kept my head above water.

Next-gen advisor breaks the standard RIA mold to grow with her young clientele -- many with $100,000 or less of assets
Thirty-year-old Blair Hodgson was born into a boom and has seen her share of busts -- and it's had a profound effect on how she views markets.

Wednesday 1.11.12
Bill Gross is every PR person's fantasy client according to Cognito's Jason Lahita.

The Grossian formula for PR: Why Bill’s press is good press, even when it’s bad
You too can reach the PR mountaintop and weather bad press by following Gross' example -- here's how

Wednesday 1.11.12
Julian Koski: We landed in each other's laps quite fortuitously.

How Julian Koski's maverick stock picking method led to a merger with Guggenheim
The South African-born entrepreneur lost millions of his family's money in the 1980s before hitting on a winning formula

Tuesday 1.10.12
Milton Ezrati: You don't need absolutely good news.

How Bob Doll, Milton Ezrati and Tony Crescenzi see brightness in the murky 2012 outlook
The heavy hitters offered encouragement to advisors on Envestnet conference call

Tuesday 1.10.12
Sallie Krawcheck's exit from Merrill had advisors buzzing as ramifications for compensation hung in the air.

10 of the most popular RIABiz stories from 2011 and why they struck a chord
Buys, goodbyes, advisors saying 'i' do, an escalating tech arms race and Sallie Krawcheck's ups and downs were just some of the topics that piqued your interest in 2011

Monday 1.9.12
Scott Kubie: Forty-five percent of today’s households are headed by an individual in his or her 50’s that still have a child living in the household.

A refresher on how an advisor should approach the needs of clients as they near retirement
The new norm is changing and it requires a mix of new thinking and old-fashioned conservative strategies

Monday 1.9.12
Peter Hess has the challenge of taking over from a long-ruling founder.

Peter Hess will take the CEO reins at Advent Software
The visionary of the Black Diamond acquisition replaces Stephanie DiMarco who will step down in June

Friday 1.6.12
Daniel Bernstein: If an advisor posted that they 'held a great meeting on 401(k) plans,' and someone 'liked' it, it could be construed as a testimonial.

SEC sends sharp warning to advisors using social media
RIAs have to make sure they don't get 'liked' on popular websites like Facebook

Friday 1.6.12
Terrence Morgan: It wouldn't surprise me if people are stalling and hoping that Phyllis Borzi is fired.

Report of a possible delay in DOL's fee disclosure rule sparks apprehension among advisors and industry observers
Advisors say they can't comply with the rule until they know what's in it but one delay could lead to another

Thursday 1.5.12
Les Abromovitz: You won't score points with examiners by having superfluous or irrelevant policies and procedures.

Recent SEC enforcement actions make annual policies and procedures exams even more important
Sprucing up your compliance manual early and often can prevent the SEC leaving coal in your Christmas stocking

Thursday 1.5.12
Peter Hess drove the Advent-Black Diamond merger and may have created an RIA-friendly monster.

The 10 most influential figures in the RIA business going into 2012, Part 2
These advisors and executives made dramatic moves that advanced the business of registered investment advisors

Wednesday 1.4.12
Andy Putterman: It couldn't be any more offensive.

LPL makes big advance into the RIA business with Fortigent acquisition
The kingpin of product-based mass affluent advice now has a major beachhead with high-net-worth investors

Tuesday 1.3.12
Andrew Salesky: We're very optimistic with the ability to build this model.

The 10 most influential figures in the RIA business going into 2012
The RIA power elite: Part 1 of 2

Tuesday 1.3.12
The RIA business is getting a critical mass of these notable and influential people -- backed by teams that make them shine.

What the 10 most influential list is all about
These people are stirring things up in the RIA business

Tuesday 1.3.12
Bill Nasgovitz:  The cash is there. Attractive valuations are there.

How one big contrarian money manager is gearing up for 2012
Heartland CEO, Bill Nasgovitz says small-cap stocks may be poised to rebound with a vengeance

Tuesday 1.3.12

From the RIABiz Directory »

The Industry Sourcebook for RIAs



Browse All Archives


2014


    September
    August
    July
    June
    May
    April
    March
    February
    January

2013


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2012


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2011


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2010


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2009


    December
    November
    October
    September
    August

Most Emailed Stories »

Being heedless of competitors is dangerous but crying wolf has its own perils.
18 shares
Why Joe Duran is dead wrong on 2015 marking the end of the Golden Era of the RIA

Ed Murphy: It hasn't led to a pause on the part of our prospects.
18 shares
Bob Reynolds delegates the Great-West 401(k) business to old Fidelity mate after excruciating three-way choice

David J. Dunn: We like fundamental investments that have inherent value.
1 shares
How Bitcoin is penetrating RIA portfolios by looking riskier to ignore than embrace

J. Fielding Miller: We were talking a big game, and he wanted to see results.
1 shares
How uncomfortable questions from prospects led a 'small' $12-billion 401(k) advisory RIA to finally say yes after eight years of rebuking overtures from a $120-billion AUA RIA

Bob Reynolds: We're going to run the businesses together as one company.
1 shares
Bob Reynolds does 'a lot of testing' to avoid foisting his 'Great West' brand on JP Morgan and Putnam Investments clientele


Get the RIABiz Today
Email Alert »