News, Vision and Voice for
the Advisory Community

Articles Published December 2012

	Title	Date Published
	Jack Bogle steps aside as senior standards chairman at Advizent The Vanguard legend reportedly had competing interests for his time	Friday 12.28.12
	SEC may tackle RIAs claiming to have 'skin in the game' Heed the cautionary tale of the recent $1.6 million settlement against an RIA and its affiliated B-D that falsely claimed they co-invested in a fund	Friday 12.28.12
	Orion hauls down nearly $2 billion of accounts from two Advent clients, clinching better than 50% growth for the year Eric Clarke's firm is high on Salesforce and starting to look beyond its Omaha home for expansion as it needs more and more skilled labor	Thursday 12.27.12
	RIABiz' 10 most-read stories of 2012: What fascinated you and why Facebook, fallout from DOL's new 401(k) regs and happenings at Advizent, Addepar and Windhaven were reader catalysts	Wednesday 12.26.12
	Fiscal Cliff vs. Jimmy Cliff: How the leap may look more like Y2K or the Mayan calendar We are sitting in sitting in limbo with many rivers to cross but harder they come (up), the harder they may not yet fall	Wednesday 12.26.12
	Merry Christmas: A nor'easter makes life interesting as RIABiz heads up to Maine No snow or skating ice but I put a stop to L.L. Bean mailings and a dog comes to life for Christmas	Monday 12.24.12
	Tamarac picks second Microsoft partner to handle spike in demand from big RIAs Stuart DePina wants Salentica's sheer personpower to avoid getting flooded by his own pipeline	Friday 12.21.12
	Opinion: Why NAPFA's CFP-only approach is a slap in the face of many financial advisors In the alphabet soup of designations for advisors are many legitimate practitioners whom the association's new policy will shut out	Friday 12.21.12
	How a $2.7 billion LA-based RIA known for its referral-by-referral growth jumped on a chance to grab a Virginia Trust officer Can an alum of mammoth Fiduciary Trust Company International with a book of business focused on young lawyers find happiness in a big mom and pop?	Thursday 12.20.12
	Gemini adds a whopping $5 billion in AUM in 2012 by helping RIAs start and expand mutual funds The firm has minted 50 new funds this year alone, and they are proving catnip to advisors who want to limit volatility for their clients	Wednesday 12.19.12
	$2.5 billion roll-up-like entity in San Francisco brings aboard a chairman from its big investor Montgomery Securities veteran Craig Johnson will help corral runaway wirehouse advisor dollars as the San Francisco firm seeks to build on an exponential leap in assets this year	Tuesday 12.18.12
	HighTower passes up $40 million capital raise, takes a big breather from deals and implements a pacing regimen The Chicago-based gazelle may chase capital markets next year, but expect deals to resume in early 2013	Monday 12.17.12
	Dynasty Financial turns two, picks a new long-term goal and shows off $2 billion of SMA assets The New York corner-office outsourcer guys leave plenty of room to grow but will never have Smith Barney numbers	Monday 12.17.12
	LPL poaches top Dell exec to rewire outsourcing and head hundreds in new technology 'town' Victor Fetter is reporting directly to Mark Casady and will help hire 60 techies in the next 45 days	Friday 12.14.12
	A Merrill Lynch trainee shares what it's really like to be part of the firm's revamped, more RIA-like training program Following a scathing condemnation of the program in reaction to a recent story, another trainee chimes in with a more three-dimensional report	Thursday 12.13.12
	Half-financed by RIAs, AssetBook rolls out 'Radar' to put big RIAs in its range The previously down-market software firm says it can do anything Black Diamond can -- at 50% of the price	Thursday 12.13.12
	What swayed me to the hybrid cause after an early indoctrination as a 'pure RIA' disciple The notion that it's just a layover on the way to to a more exalted state of securities-license-dumping, fee-only purity should be reexamined	Thursday 12.13.12
	Greg Friedman is set to finally bring Junxure to the cloud and beat back the Salesforce-ification of the industry True, the ascension to cloud would have happened sooner in an ideal world, but the world has not passed Junxure by, the RIA and software entrepreneur says	Wednesday 12.12.12
	Power shift in Fidelity's RIA sales: Scott Dell'Orfano is out; Rich Policastro defects from Schwab Bob Oros has his hands full as the Fidelity sales effort gains more of a Schwab presence and feel	Wednesday 12.12.12
	The case for Chicago as an epicenter of the RIA world The rise of registered investment advisors here means the city, once viewed as a very secondary financial center to New York and the Bay Area, is coming into its own in a big way	Tuesday 12.11.12
	She’s the boss: Keeping assets means keeping the power of the family matriarch fully in focus The woman who sits quietly and looks bored at meetings can arrange one of her own with the kids who will inherit the family fortune	Tuesday 12.11.12
	Hire of former Fidelity and Wealthfront talent is latest move by Andrew Rudd to remake Advisor Partners Kris McCabe has admired Andrew Rudd's company from afar and now he believes he can get its brand humming	Monday 12.10.12
	How RIAs are becoming as complacent as wirehouses -- and what it'll take to snap out of it There is empirical evidence that challenges are increasing but also reasons to believe they can be met	Monday 12.10.12
	Scottrade proclaims itself the 'compliance custodian,' partnering with RIA In a Box and staffing a hotline with ex-regulators But the mega-custodians are having none of it, saying the initiative is good as far as it goes, but lacks the horsepower to tackle the big questions	Friday 12.7.12
	Analysis: Beware of a FINRA bearing gifts for RIAs The broker regulator takes another step towards ruling RIAs by making its arbitration process open to them	Friday 12.7.12
	Marty Bicknell self-declares a slowdown after bringing on $700 million more of RIA assets to punctuate an epic streak of deals The Mariner CEO's personal barnstorming led to more than tripling his firm's assets from $2 billion to $6.5 billion with Brinton Eaton as 2012's finishing touch	Thursday 12.6.12
	From Schwab IMPACT's dizzying array, one free agent tabbed FinFolio and its use of Windows 8 as a takeaway Peter Giza was always the RedBlack guy until this year but now he's free to admire and comment on other vendors	Thursday 12.6.12
	The once underrespected CFP gets a lift after Merrill Lynch and now NAPFA make it central for newbies Still, CFP certificants shoot down the idea of making the CEO credits requirements even harder, and fiduciary concerns linger	Wednesday 12.5.12
	Column: Europe is the opportunity of a generation and the time to invest is now Ignore the anti-hype: An undermined euro may be a gain for Yankee investors with a long view and sufficient backbone	Wednesday 12.5.12
	8 nuggets of angst mined from RIAs at Schwab IMPACT Safe zones of consensus thinking inhabit almost no area of advisor life	Tuesday 12.4.12
	What post-mortems of 401(k) and 403(b) deals that got away tell advisors how plan sponsors think – and it’s not mainly about price A Franklin Templeton study extruded the hard truth from ax-wielders that would rather just say 'no thanks' as they administer the cut	Tuesday 12.4.12
	A mini-Merrill springs up with its own broker-dealer and plans to grow Two former Merrill higher-ups brought aboard two teams of Merrill brokers -- and they're just getting started	Monday 12.3.12
	What five things LPL president Robert Moore told investors that stood out for me Wall Street reacted well to the hype-free message about germinating recruits and serious cost-cutting plans	Monday 12.3.12