Altruist founder and CEO Jason Wenk, vowing to take on the incumbent custodians, landed an eye-popping $50 million in a Series B round of funding and added Vanguard as an investor. But the sales pitch has shifted, observers say.

During a panel at FINRA's annual conference, Executive Vice President and Chief Legal Officer Bob Colby said the agency is speaking with SEC staff about the extension.

The custodian has sought to streamline the often 'archaic and onerous' process of onboarding advisors and clients.

The large enterprise RIA is building a limited purpose broker/dealer to attract hybrid advisors who want to custody outside of LPL Financial.

Teenagers ages 13 to 17 will be able to trade U.S.-listed stocks, Fidelity mutual funds and most exchange-traded funds, with no account fees or commissions.

The Dallas-Fort Worth outpost will accommodate financial advisers and tech-support staff.

Goldman Sachs has been quietly building RIA custodial services behind the scenes, with big-name hires and plenty of resources; but can it overcome its Wall Street heritage to appeal to independent advisors?

In the latest round of layoffs in the wake of Schwab's ongoing integration of TD Ameritrade, TDAI executives Vanessa Oligino, Greg Menefee and Scott Leak are shown the door.

Expert panelists including Joel Greenblatt, Liz Ann Sonders, Jeffrey Sherman and Jan Van Eck weigh in on the market exuberance at Informa Connect’s Inside Wealth virtual event.