Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
LPL's Enyedi, Audette Take On Expanded Roles
By Jeff BermanLPL says it's realigning its management to provide a more integrated client experience.
January 30, 2023
What Crypto Moves Big BDs, Wealth Firms Are Making After FTX MeltdownHere's what Fidelity, BNY Mellon, BlackRock, J.P. Morgan, State Street, Goldman Sachs and other firms have in the works.
January 19, 2023
Orion Hires Industry Veteran as New EVP of Sales: Tech RoundupAlso, Fidelity acquired software firm Shoobx; Broadridge extends its digital wealth platform partnership with IGM Financial.
January 03, 2023
Former Fidelity Broker Wins $500K in Wrongful Termination CaseA FINRA panel also ruled that the ex-broker's Form U5 termination disclosures should be revised.
December 08, 2022
Why the RIA Custody Business Is in PlayThe big custodians need scale to make profits, while rivals see the Schwab-TD deal as their chance to grab RIA clients.
December 06, 2022
Fidelity Taps Leaders for Advisor, Institutional BusinessesThe move is part of the firm's alignment of clearing and custody with its brokerage and technology operations.
December 01, 2022
Envestnet Billing Platform to Give Schwab Advisors More Flexibility: Tech RoundupAdvisors using the Schwab platform and BillFin will gain access to additional capabilities, including flexible billing setup.
November 30, 2022
State Street Ends $3.5B Deal With BBHThe purchase, announced a year ago, involved Brown Brothers Harriman's cross-border custody, administration and related operations.