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Articles tagged "RBC"

Alan Markarian: We're the largest commercial bank focusing on this need.

How U.S. Bank appeared on the scene as an RIA custodian and where it might find love
Though the brand seems to scream out Generic Retail Bank, its Cincinnati RIA unit see room to wrest share from bigger, more faceless banks and the smaller brokerages

Tuesday 6.11.13
Leonard Palmer allows that not every RBC broker's request to become an RIA under RBC is approved.

What ever became of RBC's RIA custody unit after it showed such promise
Royal Bank of Canada high-ups say RBC Advisor Services still holds importance, but the Cerulli numbers are concerning and some RBC brokers are barred from channel switches

Thursday 5.16.13
Alex Potts: In the end, I hope for one idea, or concept, to arise and challenge my thinking.

What three consumer-investors told CEOs at the Tiburon conference in New York
It's not, not, not the products and the returns that keep them coming back

Wednesday 4.17.13
Richard Saperstein: We wanted to keep our assets at one of the safest institutions in America.

Why some RIAs are jumping through hoops to custody assets with JPMorgan
After selling its RIA unit to RBC, its marquee name, sterling reputation and a new platform continues to draw advisors

Thursday 4.19.12
James Poer: That's why we're partnering with Fidelity -- because of what they bring to the table.

Fidelity follows Schwab's lead on hybrid advisors -- and four other items of RIA interest
Both big custodians like NFP as a partner; in other news, Morningstar warms to alternatives, EP makes a hire, JHS gets bigger by 75

Tuesday 3.13.12
Bill Van Law: The RIA space is where the growth is. We looked at it and said: "We're not really capturing it"

Raymond James launches a separate RIA unit and appoints a former Merrill Lynch breakaway to head it
Calling the RIA business a 'strategic imperative', Chet Helck is making Bill Van Law the founding president of the RJ investment advisors division

Monday 2.13.12
RBC hired Sanjeev Rajput from Fidelity to punch up the sales of its young RIA unit

RBC hires another Fidelity alumnus to boost its RIA unit's sales
Sanjeev Rajput has 'hit the ground running'

Monday 6.6.11
Jon Eaton: We think there’s much more than a niche; we think we have a better solution.

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
Dale Walters: Canadians are leery of U.S. financial institutions.

How a custody relationship with RBC may net an advisor $100 million on day one
The Canadian bank was the missing ingredient for one Keats Connelly client; Cardinal Point's Jeff Sheldon signed on with TD Ameritrade for similar reasons

Monday 2.28.11
Bernie Clark: An advisor coming to Schwab with alternative assets to custody needs to be able to provide some transparency.

Schwab leads effort to create industrywide solution for alternative assets
The San Francisco custodial giant is now working to recruit other members to DTCC innovation

Friday 12.17.10
Craig Gordon is making sure that the Royal Bank of Canada gives RIAs all benefits of scale enjoyed by the company's staff brokers.

8 ways that the RIA business is achieving scale at breakneck speed
IPOs, venture capitalists, RIAs and big corporations are all spending heavily to make it easier for RIAs to become big business

Wednesday 8.4.10
Peter Berg: What’s been missing is a business development effort of any significance.

BNY Mellon's new RIA custody unit will collaborate [and compete] with Pershing Advisor Solutions
The giant bank believes it can meld technology and sales forces to lure to dug-in breakaways

Wednesday 6.2.10
Craig Gordon: We have 2,400 in-house advisors. It would be very different if I told you it was 24,000. The commitment in that channel would be too big to disrupt..

Royal Bank of Canada is hustling to become an RIA custody force
RBC Advisor Services weaves together RIA businesses of old Dain Rauscher and old Bear Stearns

Monday 5.24.10
While executives from Goldman Sachs raised their right hands before Congress and attempted to artfully wordsmith their way out of selling “crap” to their customers, those that represent a better way of doing business gathered in Las Vegas.

The Leading Indicator: Breakaway lawyers turn the tables and invite RIA providers to their own conference
The business plan and the breakaway plan of RIA service providers are starting to look the same

Thursday 5.20.10
Christopher Dean, managing director of Summit Partners in Boston, invested VC money in RIAs

10 things that show the RIA movement is really heating up in 2010: Part I
Observers need a scorecard to keep track of all the advances that RIAs are making

Monday 3.22.10
Frank Shull: Our pipeline is very full.

Focus Financial looks more like a consolidator-of-consolidators as its partner firms go on buying sprees
Lara, Shull pulls off five deals to nearly double its assets in a year

Tuesday 2.9.10
Stephen Finn is betting on Maiorano to keep his growth streak alive

Stephen Finn taps Maiorano to take small custodian to the next level
Schwab RIA pioneer plans to make his custodian more mainstream

Monday 2.1.10
Brooke Southall: The Custody Project has grown to do justice to the scope and quality of the material it covers

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

Monday 2.1.10
Barnaby Grist says that wirehouse data on attrition is accurate but not telling for breakaways

Schwab and TD Ameritrade pipelines brim with breakaway prospects
Growth rate accelerates despite slowing attrition at wirehouses

Tuesday 1.26.10
Mike Kavanagh: We are taking this very seriously and we’re taking our time with it

RBC is checking every box to ensure it acquires the JPMorgan RIA unit intact
Mike Kavanagh brings the former Bear Stearns service team to Minneapolis for bonding

Wednesday 1.13.10
Mike Di Girolamo: “Advisors want to find out who their peers are.”

Raymond James shows it's serious about winning bigger RIAs
Raising minimums is part of creating an atmosphere more conducive to elite advisors

Thursday 10.22.09
Michael Kavanagh: We now have critical mass

RBC's appearance on custody scene could be a 'game changer'
Canadian bank's combo with JPMorgan unit creates new choice for breakaways

Wednesday 9.30.09
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Common Tags »

Schwab (340)
Fidelity (249)
TD Ameritrade (210)
LPL (130)
SEC (125)
Pershing (123)
Merrill Lynch (100)
Advent (88)
FINRA (85)
Black Diamond (84)
Tim Welsh (80)
HighTower (78)
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MarketCounsel (68)
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Orion (54)
Nexus Strategy (51)
Mark Tibergien (49)
Bernie Clark (49)
401(k) (47)
Mike Durbin (47)
Raymond James (46)
Tamarac (46)
United Capital (45)
Charles Goldman (43)

Most Emailed Stories »

Read 
Story » Wayne Bloom: If we have an advisor who wants to be part of the community and values what we bring to the table, I could care less how they are registered.Commonwealth and Securities America get into the RIA custody business and Wells Fargo is right behind themRead 
Story » Peter Wheeler: There's a one in a billion chance that something like this would happen twice.RIAs get hit with data losses held at small RIA-owned firm that, in turn, blames giant Amazon for lack of backup and for selling its spaceRead 
Story » Eduardo Repetto posed with Alex Potts and Chip Roame before telling advisors about a born-of-data, new ingredient in DFA funds.Dimensional's co-CEO tells clients at Monterey event that DFA is changing its Classic-Coke intellectual fund recipeRead 
Story » Alan Markarian: We're the largest commercial bank focusing on this need.How U.S. Bank appeared on the scene as an RIA custodian and where it might find loveRead 
Story » Jim Crowley: Success would be 'growing faster than the market at a multiple rate.'Between sessions at INSITE, Pershing execs describe how they'll spell victory in their grand custody merger -- and what stands in the way