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As smaller rivals keep quiet, Axos opens up on custody fees
Axos Advisor Services, Hilltop Securities and Innovayte may not be as large as industry giants like Schwab, Fidelity and Pershing, but each has built a solid base of clients. And the three underdogs may have more opportunity in a fast-shifting fight for RIA clients.
Summary as published by Financial Planning
More on Schwab
Schwab hub →RIABiz · Oct 22, 9:20 AM ET
An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicFinancial Planning · Oct 21, 4:48 PM ET
What Schwab's new ETF platform fees mean for clients, advisorsRIABiz · Oct 21, 4:09 PM ET
Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysCitywire RIA · Oct 21, 4:46 AM ET
66% of RIAs used Schwab as a custodian in 2024: Data
More on Fidelity
Fidelity hub →RIABiz · Oct 22, 9:20 AM ET
An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicRIABiz · Oct 15, 8:49 PM ET
Rick Wurster chides Fidelity in wake of Fido's $100-million RIA purge, as Q3 net-new RIA assets -- both Schwab Advisor Services and Schwab Wealth Advisory -- soar 47% and 55%, respectivelyKitces.com · Oct 9, 2:08 PM ET
Weekend Reading For Financial Planners (October 10–11)RIABiz · Oct 6, 11:57 AM ET
Schwab's Jon Beatty is one custody head offering a port in the storm after Fidelity unmoors its sub-$100M RIAs and Altruist's Jason Wenk , Apex's Bill Capuzzi and TradePMR's R. Scott Victoria are among others
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