Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Advisors Weigh Vanguard Deal, On and Off Altruist's Platform
By Rob BurgessSome see a credibility boost and new competition for Schwab and Fidelity; others fear Altruist could lose its edge.
August 05, 2026
Vanguard Muni Bond Head to DepartPaul Malloy, who oversaw roughly $300 billion in municipal assets at the investment titan, has left the firm after over two decades.
August 04, 2026
Fidelity's Managed Assets Hit $7.8T in Second QuarterThat's up 23% from a year ago, according to the firm's second-quarter business update, released Tuesday.
July 27, 2026
Orion Launches Digital Account Opening Tool for Advisor PortalGoldman Sachs Custody Solutions is the first custodian to integrate the wealthtech's offering.
July 22, 2026
Schwab CEO Seeks Broad Conversion of DIYers to Advisory ClientsJust 5% of the firm's retail clients pay for advice, while 31% say they'd be willing to, he says.
July 21, 2026
Schwab Beats Estimates as Investors Pile Into MarketThe firm's total net new assets surged 61% from a year ago to $118.7 billion in the second quarter.
July 13, 2026
PRO
A New Custody Rule Is on the SEC's Agenda. Here's What to Know.The agency plans to issue a proposed rule that would address questions raised by advisors about holding crypto.
June 22, 2026
Schwab Warns of Margin Calls as Concerns Over Tax Bets MountThe brokerage will issue a margin call and contact the advisor if any of their accounts exceed the new thresholds.