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Make sure 72(t) distributions are taken
Custodian's error almost ruined client's retirement and still cost her $10,000 in IRS fees.
Satisfaction with advisers climbing; RBC, Fidelity lead the pack, J.D. Power says
Investors' approval of their advisers continues to increase after dropping sharply in the aftermath of the credit crisis. Liz Skinner tells why.
Fidelity Institutional Wealth Services to offer completely cloud-based desktop to RIAs
Offering will include office productivity applications in addition to the firm's WealthCentral platform.
Hybrid advisers may have skewed report on commission business
Head-scratching results could be from research firm's confusing categories.
Still wary of advisers, investors using direct retail channel
New data shows that investors are passing up advisers and relying on online retail channels instead. Why is that?
SEC seeks to nip new Madoffs in bud
In an attempt to prevent the next big investor rip-off, the Securities and Exchange Commission is targeting investment advisers who are stumbling over a regulation de-signed to prevent them from stealing client money. In an investor alert last week, the SEC said that roughly one-third of advisory
SEC warns investors that advisers could be mishandling assets
The SEC has warned investors that advisers may be mishandling their assets. The caution comes after examinations uncovered custody-related problems in one-third of the firms reviewed.
Schwab expanding one franchise at a time
About two years ago, Brian Carpenter, 44, then an adviser with RBC Wealth Management in Eau Claire, Wis., decided it was time to go out and start his own practice in a new — and preferably warmer — locale.
Fidelity Institutional ended 2012 with record level of assets
Firm's RIA chief pegs 21% increase to investor interest in independent advice.
TD's custody business tops $200B in assets
A strong gain in net new assets took TD Ameritrade Institutional over the $200 billion asset level last month.
TD scored big with breakaways in 2012
A strong gain in net new assets took TD Ameritrade Institutional over the $200 billion asset level last month. .The gain marks something of a milestone for the custody business of TD Ameritrade, the No. 3 industry player, behind Schwab Advisor Services, which has $789 billion, and Fidelity
Schwab's RIA firms knocked 'em dead last quarter
Advisers who hold their assets at The Charles Schwab Corp.'s custody unit brought in an eye-popping $24.4 billion in net new assets in the fourth quarter of last year — an all-time record.
Cortazzo moves affiliation to LPL Financial from SII
Noted financial adviser Mark Cortazzo and his firm, Macro Consulting Group LLC, last Thursday moved its affilation to LPL Financial LLC, which continues to recruit large practices while dealing with the loss of the custody business of one of its most high-profile advisers.
LPL adviser Waldron going- but not gone
A big-time adviser affiliated with LPL Financial LLC said last week that he is taking $1.2 billion in custodial assets elsewhere but is working to stick with the firm's latest technology and research offerings.
Finally, an Advisor Center iPad app; Boulevard R introduces RetiremapHQ.com; New version of Adhesion
A lot of positive developments probably went unnoticed early this month by advisers due to the catastrophe caused by Hurricane Sandy.
Explore your opportunities and be informed for your next move.
Mary Beth Franklin, InvestmentNews