TD Ameritrade Posts Mixed Results on Lower Trading for Q1 FY 2011
By Josh FunkTD Ameritrade reports that net new assets of $10.2 billion grew 11% vs. last year but dropped 18% from the previous quarter, as total assets hit $406.3 billion.
January 16, 2012
Supreme Court Rules in Favor of Arbitration–AgainLast Tuesday, the Supreme Court ruled in Compucredit Corp. v. Greenwood in favor of what the law firm Sutherland Asbill & Brennan says is the latest in a series of opinions that have 'come down firmly on the side of the enforceability of consumer arbitration agreements.'
January 16, 2012
Fiduciary Debate: What if Doctors Could Act Like Advisors?Wherein our intrepid blogger applies the logician's reductio ad absurdum argument to the current debate over applying the fiduciary standard to brokers, or not.
January 12, 2012
ETF Growth Continues, With Advisors Using ETFs to Help Clients Invest GloballyAccording to the latest Rydex|SGI AdvisorBenchmaking report, fees (47%) and specific benchmark exposure (44%) were the most commonly cited reasons for using ETFs in 2011.
January 09, 2012
Cetera Financial to Acquire Genworth FIS Broker-DealerFirm that focuses on tax professionals as advisors will become fourth BD at Cetera.
January 09, 2012
Gold ETFs Lose Luster With Advisors as Fixed Income Funds Climb: SchwabThe top 10% of RIAs by AUM have the bulk of their ETF assets in U.S. and international equity funds, at 62%, while smaller firms use U.S. fixed income ETFs 50% more.
January 09, 2012
The Costs of FINRA Oversight of RIAs: Running the SRO NumbersAt last, credible information on the costs of having an SROor notto oversee advisors, and what each scenario would cost RIAs in dollars and cents.
January 06, 2012
Jan. 18 Webinar to Focus on Key Issues, Strategies for Advisors in TransitionUnique data, insights and strategies for advisors considering a change to be addressed in latest AdvisorOne web seminar.