RIABiz

Rick Wurster's off-hand offer to trade sweep cash for RIA custody fee at IMPACT reveals dilemma over 'hidden costs' driving legacy custody model off the rails and i…

Fidelity's answer was to dump sub-$100 million RIAs, with no fee option, but Schwab, for now, clings to its legion of small ...
RIABizOpinion

Vanguard just scored a $4-billion private placement to close its $4.6-billion Altruist deal by year's end, but it comes with at least a $200-million annual drag on its ...

The giant Malvern company is apparently set to close in 2026, though it needed Bank of America, Citigroup Inc. and JPMorgan ...
RIABizOpinion

SEC, Schwab, and Michael Kitces all improbably allied successfully to 'protect' sub-$1 billion RIAs by reclassifying them as 'small,' but move may create vulnerability -- th…

The SEC will absolve 17,400 practices -- a 40-fold bump -- of onerous 'big' RIA definition, but Paul Atkins could use ...