Financial Times suspends its RIA rankings
The British newspaper told advisors that the business had become 'more challenging for us to monetize.'
Recent
Schwab Starts Squeezing Recruiters
Looking to save cash, Schwab Advisor Services is changing the "soft dollar" split it uses to compensate recruiters who bring RIAs into its fold.
Ex-LPL Rep Suspended For Fee Evasion Scheme
The advisor, Raymond Alagao Velasco Sr., allegedly concocted an elaborate scheme in which clients could avoid the fees incurred on annuity surrenders.
Where Is Your Compensation Going In 2021?
The present trend in advisor compensation of applying tweaks, rather than imposing major changes, seems likely to continue this year. Slow and steady.
Schwab Ameritrade Aggressively Hiring Service Staff
Charles Schwab and TD Ameritrade are actively and aggressively hiring service staff in their advisor custody units to keep up with surging demand.
Advisors Now Need To Figure Out Online Advertising
New SEC regulations allowing online testimonials for RIAs go into effect on May 4. That presents a problem for small firms struggling to compete.
AdvicePay Launches Financial Plan “Deliverables” For Enterprise Compliance Oversight
AdvicePay's “Deliverables” centralizes enterprise compliance reviews of financial plan deliverables to streamline the oversight process.
