The Client: Special services

RBC Wealth Management U.S. Assets Dip, Revenue and Advisor Count Climb

December 1, 2022No Comments

The firm’s U.S. wealth management business is adding banking products and advisors to drive growth, according to its president, Dave McKay.

Special-Needs Planning: One Chance to Get It Right

November 22, 2022No Comments

Jim Lange, of Lange Financial Group, explains the critical estate-planning steps when a special-needs beneficiary is involved.

Fidelity Rolls Out Waiting List for Crypto Trading

November 14, 2022No Comments

Some advisors believe having the association with Fidelity may help bring credibility for digital assets.

Diverse Hiring Practices Are Good for Clients and Business, Studies Say

November 10, 2022No Comments

Women and people of color hold a great percentage of this country’s wealth but are a missed opportunity for firms that don’t embrace diversity in hiring advisors.

Sanctuary Scores $400M Team Catering to Sports Pros

November 9, 2022No Comments

By adding 18Forty8 Private Wealth, Sanctuary expands its footprint to Wisconsin, the network says.

Fidelity to Offer 'Free' Retail Crypto Trades But with 1% Fee: Reports

November 8, 2022No Comments

The firm defines the fee as the spread between a customer’s execution price and the price at which Fidelity Digital Assets fills the order, according to Forbes.

Morgan Stanley Exec's Advice for Riding $84T Wealth-Transfer Wave

November 8, 2022No Comments

Offering alternative investments and tapping technology will help advisors benefit from a coming wealth transfer that Cerulli Associates pegs at $84 trillion, according to Morgan Stanley's Vincent Lumia.

Focus Financial Sticks to 2025 Growth Targets Despite Market Headwinds

November 4, 2022No Comments

The firm aims to have 125 partner firms and about $4 billion in revenue by 2025.

Edward Jones Aims to Grab Greater Client Wallet Share with New Lending Program

November 3, 2022No Comments

The firm announced in September that it is providing its advisors securities-based lending, joining a line of competitors with similar services.

Schwab to Boost Lending Opportunities for RIAs: Report

November 3, 2022No Comments

A sliver of Schwab’s RIA clients use the firm’s lending services, but executives see great opportunity for growth.