by Patrick M. Kelly | Oct 4, 2012 | Going Independent, RIA
A wealth of information for all RIA’s or those considering going the independent route is now available in the October issue of OnWallStreet.com. As a supplement and produced by SourceMedia Marketing Solutions Group, the broker-dealer guide and ranking of independent...
by Patrick M. Kelly | Jun 15, 2012 | Financial Services Industry, RIA
A plan to consolidate independent registered investment advisors under one brand name to compete with the big Wall Street brokerage houses already has commitments of interest from 72 firms. Steve Lockshin and Charles Goldman have created Advizent headquartered in...
by Patrick M. Kelly | Jun 13, 2012 | Breakaway Brokers, RIA
“Elite independent advisors are now earning close to the same compensation of top Wall Street brokers, with an average of $900,000 annually. Add falling Wall Street compensation and asset growth in the independent advisor channel and it becomes easier and more...
by Patrick M. Kelly | May 4, 2012 | Financial Advisors, Financial Services Industry, RIA
“aRIA” or Alliance for RIAs, has been formed by six RIA firms, it was announced this week according to Matt Ackermann, reporting for OnWallStreet. The group plans to meet on a regular basis and provide “thought leadership” to independent and wirehouse financial...
by Patrick M. Kelly | Nov 23, 2011 | Financial Services Industry, RIA
“Instead of the Securities And Exchange Commission (SEC) or the Financial Industry Regulatory Authority (Finra) examining RIA firms, the firms themselves should foot the bill for their own periodic compliance examination by using an outside body. “ That’s the...
by Patrick M. Kelly | Jul 29, 2011 | RIA
Dream big or go home… Financial Advisor’s 2011 RIA Survey cited 91 of 454 firms participating in the survey had actually reached the “Billion Dollar Club” status, and 17 of them were new entrants. (Up from 21 in 2005, when the survey was inaugurated.) But in 2008, it...