Riabiz.Com company information, Employees & Contact Information

Morningstar is betting $375 million on an indexing acquisition, but agonizing over a conflict posed by rating funds -- 16 Vanguard ETFs included -- benchmarking its data RIABiz

Orion makes down payment on its future by granting XY Planning Network a long-sought sweetheart deal -- a freemium framework for RIAs that gives Orion a dynamic growth pipeline RIABiz

Advyzon's new financial planning software runs headlong into a 'saturated market,' but CEO Hailin Li says two key hires will lead 'go-to-market' strategy RIABiz

Charles Schwab and Dynasty pull off record-shattering -- and previously unthinkable -- lift-out of $129-billion AUA Merrill Lynch team, but the thundering herd has furiously stampeded to court to block the move RIABiz

Charles Schwab plans to keep or self-refer all sub-$2-million accounts in 'seismic' shift for many RIAs -- and 'gloves off' for Schwab's wealth management evolution RIABiz

Pontera CEO heats up year-long battle over Fidelity ban on credential sharing, with an 'open letter' accusing the No. 1 plan provider of a 'power grab' RIABiz

Schwab authorizes $20-billion stock buyback and unshackles its sidelined 'capital intensity' -- downplaying previous TD Bank off-balance-sheet proclamations -- after reducing post-bank crisis obligations by $70 billion RIABiz

Unsexy Arch again proves irresistible to 'RIA' VCs, who buy $52 million stake and see it as the 'Stripe' between RIAs and alts providers-- eliminating hundreds of alt investment portal log-ins RIABiz

Robinhood stakes unlimited cash to pay RIA clients for the 'pain of repapering' to custody at TradePMR, and 40 big RIAs so far have taken the bait; its no 'gimmick,' says custody chief RIABiz

After 2,300 hires in six months, Schwab makes decisive, with risk, RIA move to 'build out' 40 branch offices in swank winter enclaves -- staffed by 400 consultants -- to serve ultra-high-net-worth clients RIABiz

Robinhood ready to 'open the gates' on one-trade alts for its high-click investors, but Morningstar warns its 'move-fast-break-things' history could drive its new closed-end fund off the tracks RIABiz

Schwab just announced another stock plan-related deal after helping OpenArc launch $129-billion stock plan RIA, an 'impactful funnel,' Cerulli analyst says RIABiz

Dynasty Financial makes 'critical' hire as it prepares nationwide quick-strike forces to make its 55 RIA clients tuck-in magnets for a 'not obvious' growth opportunity RIABiz

In mad scramble for Morningstar lame ducks, Black Diamond claims 400 RIA wins, including 100 up-and-running, but Advyzon is also on a roll, reporting 90% close rate on pitches RIABiz

RIAs need to know that jargon undermines them; it rarely impresses and often alienates someone seeking connection. It's a fixable problem RIABiz

RIAs are starting to embrace 'model' portfolios, pressuring the status quo proprietary model of giants like BlackRock, Vanguard and Capital Group and making TAMPs emphasize back office support RIABiz

Peter Mallouk foresees seismic shift in RIA M&A from sellers to (some) buyers, if two bad years shake would-be seller complacency and suboptimal buyers bail out RIABiz

iCapital's run-the-table strategy takes leap ahead after Goldman Sachs helps it raise $820 million for M&A to enhance domination -- and add to previous 23 deals RIABiz

Wealthfront files for IPO -- for real this time --and reveals that it is handsomely rewarding CEO David Fortunato and its young CTO RIABiz

Startup that feeds RIAs tax data -- directly from the IRS -- has analysts calling it a 'holy crap,' 'game-changer,' and made believers out of Eric Clarke, Ric Edelman and Randy Bullard RIABiz

RIA executives who defined $5.5 trillion, 12-year growth run in RIA biz represent new resource -- 'on-tap' senior advisory talent RIABiz

Kurt MacAlpine tells RIABiz in an exclusive interview how he managed to buy Europe's two biggest wealth managers, simultaneously, and integrate pre-closing without a penny of debt RIABiz

Moody's downgrades Wall Street play to target retail clients as piggy bank to soak up trillions of dollars in illiquid investments RIABiz

Vanguard scores 'own goal' for getting snared in a regulatory snafu and fined $19.5 million for failing to adequately disclose a conflict of interest over advisor incentives to funnel clients into its in-house RIA RIABiz

Strive invested $4 million to start up RIA in 2024 but may pull plug this year because of 'de minimis' success -- and a bigger fish to fry, a filing shows RIABiz

Fidelity soars to $16.4 trillion of assets, a 16% jump of $2.3 trillion for 12 months, and widens gap on BlackRock and Schwab RIABiz

BlackRock will soon own a $30 billion RIA rollup (through a manager's fund) that has grown 500% since 2020 mostly by M&A, and could now ramp up RIABiz

The anticipated Robinhood to TradePMR 'bridge' is being erected that makes RIAs -- and their faces -- part of the mobile app RIABiz

How RIAs -- overzealous to fulfill 'fiduciary duty' -- overdeliver to small clients, hurt their practices and end up with worse overall service levels RIABiz

Philip Palaveev brings hard math -- and his heart -- to topic of RIA staffer 'moms' ahead of Mother's Day with timely new study RIABiz

Ready to really take on Schwab and Merrill Lynch, Vanguard quantifies 'meaningful' value that financial advisors deliver 'beyond portfolio performance' in code shift RIABiz

Savvy pushes rewritten model with $72-million raise, but taps Mark Casady's playbook for scaling -- something an RIA-centric 'platform' has never achieved at nearly an LPL Financial level RIABiz

Charles Schwab drops big clue that it will 'build,' not buy, spot trading capability, though the launch is likely well into 2026 RIABiz

Fielding Miller calls on Mike Wunderli at 'inflection point' after CAPTRUST zoomed to $1 trillion but needs M&A energy injection to hit $2 trillion RIABiz

Fisher Investments launches 'fiduciary.com' to 'educate' clients and RIAs, but site smacks of 'naked lead-gen,' says Fiduciary Institute's head RIABiz

AssetMark takes on 72% financial advisor flameout rate, which is both worse and not as bad as it sounds for RIA 'entrants,' says Eliza DePardo RIABiz

iCapital makes second attempt to create 'secondary' alts market, after Nasdaq deal never took off, buying a stake in startup venture where Addepar's 'secondary' guy landed RIABiz

Charles Schwab finally launches 'discretionary' version of Schwab Wealth Advisory, removing the last difference with RIAs, and closing a gap with Fidelity and Vanguard RIABiz

T. Rowe Price shares retreat following one-day euphoria over Goldman Sachs' $1 billion stake, after T. Rowe CEO nixes possible sale, draining analysts' enthusiasm RIABiz

Fidelity piloted 'free-money' 401(k) matches for eight years before going live last year; now Schwab is 'bolting-on' a third-party gizmo and imitating its rival with the launch of its own program RIABiz

Schwab undercuts Vanguard (and BlackRock) again by slashing ETF fees up to 50% -- math that works when keeping RIAs is a priority RIABiz

Envestnet drops plan -- for now -- to enter RIA custody, opting for 'deepened integrations' with Fidelity, Schwab, and Pershing in first major reveal since Bain Capital buyout RIABiz

Merrill Lynch 'satisfaction' rating slides 9% after app restructuring, while Fidelity -- the only firm with rising satisfaction -- drubbed rivals in new DIY investor survey RIABiz

TD Bank is selling $15 billion of Schwab shares high, buying its own TD shares low, but killing the old (TD) Waterhouse goose that laid gold eggs RIABiz

John Rourke just sold half his company to take 'biggest shot' of his life -- combining $200 million and artificial intelligence to exploit Salesforce's supposed Achilles' heel with RIAs -- implementation RIABiz

NerdWallet buys small RIA to unlock other half of its vision -- a one-stop-shop for wealth management -- that will challenge traditional RIAs on fees and client referrals RIABiz

Schwab's 'superhighway' project could supercharge RIA business, yet fees elicit sticker shock and its leap to RIA 'support' channel may test critical alliances RIABiz

Aaron Klein is back in the game with a new startup, a Nitrogen wrinkle, 'hall of fame' RIA backers and a plan to build a better meeting for Advisors RIABiz

Ten month-old New York City startup uses artificial intelligence to gin up RIA leads and reel in immediate success RIABiz

After Chime IPO success, Wealthfront quickly files for its own -- on strength of bank deposit growth -- as its RIA managed assets slip sideways and the bitter taste of its failed UBS deal lingers RIABiz

Top federal regulator floats putting 'mid-size' RIAs -- possibly up to $1 billion in AUM -- under sole state purview, and Adrienne Gurley provides insights in an RIABiz Q&A RIABiz

LPL Financial files S-3 to raise $4 billion after new CEO takes reins with 'bold aspiration' to lead the 'advisor marketplace' across 'all of wealth management' RIABiz

Rick Wurster says Schwab will 'have a stable coin' after analyst peppering on Schwab's no-show on in-house crypto, but balks at setting timeline for Bitcoin and Ethereum, which take priority, he adds RIABiz

Charles Schwab Corp. buys stake in Wealth.com and became latest of Big Three to chase the $90-trillion-dollar asset hand-off RIABiz

Robinhood's new 'robo-advisor' is disrupting 'robo' norms; three early users report some eye opening findings and how it targets young trade-hungry investors RIABiz

2025 will be the year of 'Under New Management' in RIA business, after 2024 brought profusion of CEO-level fires, hires and deals RIABiz

Vivek Ramaswamy jumps on the next new thing, a Bitcoin treasury company, with a 'mad science' twist -- a reverse merger and tax-advantaged investments to build a $1 billion crypto horde RIABiz

BlackRock rattles giant saber at Schwab and Fidelity by launching high-yield 'money market' funds that 'circumvent' shelf-space controls and pay big RIABiz

State Street -- under protest -- caves to SEC pressure to nix 'misleading' 'Apollo' name from its freshly minted alts ETF, among many issues cited in stern regulatory letter RIABiz

Sallie Krawcheck, citing a health issue, hands day-to-day operations to co-CEOs, but will remain on the board as it reworks RIA's strategy after pioneering, ten-year run from startup to $2.4 billion in AUM RIABiz

Focus Financial breaks deal drought and kills off 'hub' talk by merging $10-billion West Coast acquisition with $175-billion Boston unit RIABiz

Altruist wins 'unsolicited' $152-million raise, including capital from Salesforce, which is midstream 'very deep integration' signalling shift to $1-billion-plus RIAs RIABiz

New Envestnet CEO first reached out to his financial advisor before accepting Bain Capital's offer to take over one of the advisory industry's largest service providers RIABiz

Altruist lays off 10% of its staff, despite 300% revenue jump, to get 'best possible people' as 'aggressive' hiring continues, says CEO RIABiz

Schwab finally launches alts to retail investors with $5 million, five years after initial iCapital deal, but just seven days before its CEO faces Wall Street RIABiz

Buoyed by cash cow and under new CEO, Grayscale files for IPO just days after it blogged about Bonk, Playtron, and Binance coins, possibly being in its future RIABiz

Vanguard's and Blackstone's plan to bring 'alts' to the masses revealed in SEC filing, but protagonists take passive role, leading analyst to brand the new fund a 'dud' RIABiz

Goldman Sachs custody unit gets coveted foothold with Dynasty Financial, but no assets yet in a move that still threatens Schwab and Fidelity, recruiter says RIABiz

In a massive overhaul, Vanguard will split its $10.4 trillion in funds between two 'distinct' management teams with separate trading desks potentially trading against each other, analyst says RIABiz

Wealthfront is booming after 2022 UBS sale went bust, with December's $2-billion valuation, a share buyback and $75 billion in total assets; now it's dusting off its direct-indexing with (maybe) disruptive changes RIABiz

Schwab and Fidelity halt of BlackRock's money-market fund ETF trades was no shock nor was it a straightforward series of events -- or explanations RIABiz

In game of chicken with the FDIC, feisty BlackRock refuses to join Vanguard's cave to passivity surrounding banks and forfeit Federal Reserve right to serve on bank boards RIABiz

Ellevest impresses analysts and enrages some women by firing 99% of its investors with a late-evening email, and funneling them to Betterment RIABiz

Robinhood is launching plain-vanilla robo-advisor, an RIA that allocates with algorithms, but walks back intent to use AI and will rely on human teams to pick investments RIABiz

Charles Schwab Corp. names 'head of digital assets' with no cryptocurrency chops but entrusted by inner circle to make big, critical decisions, fast RIABiz

Morningstar is shuttering 'Office' in 2026 and steering its orphaned RIAs to Black Diamond to get revenue cut in deal -- but Advyzon and Orion aren't planning to get cut out RIABiz

RIABlitz: Vanguard technology • Pontera rebounds • Ex-HiddenLever's exec success • BlackRock rocked • Vivek's crypto • WF dunks SF? • Betterment dry option• Vestwell poached RIABiz

BlackRock blows off deadline from regulator for third time in three months, leading FDIC to insist it won't tolerate a fourth snub; hogwash, says leading lawyer RIABiz

Chuck Schwab stands at Trump's side (literally) and wins President's praise for supporting policies amid tariff fallout, while Schwab's chief investment strategist raises red flags RIABiz

Goldman Sachs CEO's taste for sleek private jets runs into flak as cost cutting sweeps the bank and shareholder advocates oppose $80 million retention bonuses each for two top executives RIABiz

McKinsey suddenly puts its secretive $23-billion RIA under 'strategic review' with M&A shop; a spin-off or sale a possible outcome; it follows Nov. 30 London newspaper exposé RIABiz

Despite lawsuits, Schwab slashes sweep yields 89% in five months, including two cuts in December -- raising risks for RIAs that don't sort cash, experts say RIABiz

Charles Schwab Corp. ties brand to 'Trump,' after becoming 'custodian,' consultant and investment advisor to Trump Media startup RIABiz

Vanguard completes shakeup with outsiders Salim Ramji, Joanna Rotenberg supplanting firm lifers Tim Buckley, Karin Risi as RIA takes center stage RIABiz

Pontera-like play wins Black Diamond deal to allow its RIAs to manage held-away 401(k) assets -- with all parties mum on Fidelity's credential-sharing policy RIABiz

Jason Wenk sees light at the end of the Robinhood/TradePMR merger, but not before a dark tunnel that could see 40% of RIAs bolt RIABiz

Vanguard Group reminds RIAs not to overplay near-zero-risk, high-return cash game and also releases new fund products to transition back to bonds RIABiz

Vanguard's new CEO breaks record by zapping $350 million fund-expense, but 'raises the tension' managing brokerage, analyst says RIABiz

'Oversubscribed' DPL Financial raises $23 million -- including from insurers it screens; cash is earmarked to build 'straight-thru' annuity purchases RIABiz

Incoming Charles Schwab CEO toes edge, telling RIAs he will greenlight spot coin trades, maybe 'in short order' under Trump, but conservative firms still must have 'risk appetite,' SEC attorney cautions RIABiz

Karin Risi, an odds-on 'next in line' to ex-CEO Tim Buckley, and founder of Vanguard's $312-billion 'RIA,' exits the company RIABiz

TradePMR sale to Robinhood sends ripples through the RIA industry both for its potential to rival big custodians and for the discount broker's potential clash with fiduciary culture RIABiz

Manish Khatta unapologetically lowers boom on remote-working staff and corrals them in a suburban Washington, D.C., office building to better manage skyrocketing growth RIABiz

'Displaced' John Thiel uses RIA and Fidelity-Advyzon back office to get back into game -- a road well traveled by multiple, ex-Merrill Lynch chiefs seeking second acts RIABiz

DPL gets Envestnet to display its data in performance reports -- to complete Big Three that also includes Orion and Black Diamond, enabling RIAs to show -- and bill for -- annuities like asset funds RIABiz

Jon Beatty uses his Schwab IMPACT coming out party to let RIAs know he is anti-disruption, and to expect the RIA industry to decelerate, after 10 crazy years of growth RIABiz

Fidelity will default all RIA custody accounts into FCASH at 2.32% and reinvest cash to pocket the spread -- amid some grumbling -- but advisers can still 'manually' move money to higher yields RIABiz

Wealth.com extends win streak, again -- Google Ventures (GV) leads its 'A' round -- by making AI-driven estate planning seem doable to advisors RIABiz

Pathstone reclaims by poach Schwab’s family office division unit head, Eddie Brown, weeks after the Lovell Minnick ultrahigh-net-worth roll-up snapped up a $50 billion RIA RIABiz

Fidelity Investments surges past $15 trillion, on its way to $16 trillion, after its CEO made one big, contrarian bet and two smaller plays that have the giant hopping RIABiz