CITY: Redmond, WA ESTABLISHED: 1989 AUM: $1.5 billion NUMBER OF CLIENTS: 125 NUMBER OF PARTNERS: 2 NUMBER OF STAFF: 2 full time, 4 part time Registered Rep.: How do you define your investment philosophy? Dennis Gibb...
Merger and acquisitions activity could make a comeback in the insurance sector this year after a sharp drop in the deal numbers and valuations in 2008, according to a Deloitte report. The increase in dealmaking would...
Beginning in July, Schwab will waive commissions on electronic equity trades and reimburse account transfer fees for its RIAs’ clients. The offer is good through the end of 2009. And for the more than 2,200...
RIAs have a lot on their plates. They’ve seen their assets drop significantly over the last year, their clients are demanding more of their time, revenues are taking a hit and on top of it all, there’s...
Despite the market’s continuing volatility, or perhaps because of it, m&a deals in the RIA industry picked up dramatically in the first three months of this year in both number and asset volume. In the first...
The number of advisors switching firms dropped 23 percent in May versus April, according to Discovery Database. The research firm’s data show that 1,506 reps changed b/ds in May, compared with 1,961 in April.
Talk has run rampant lately of an exodus of advisors from Wall Street firms to independent b/ds, regional brokerage firms and RIAs. After all, the big national brands have been damaged by the mortgage meltdown, the...
