News

Popularity of Fee-for-Service Means More Clients for AdvicePay

By: Samuel Steinberger, Mar. 21, 2019 /WealthManagement.com/ Co-founded by Michael Kitces and Alan Moore, AdvicePay has picked up six more enterprise clients since its January launch. AdvicePay is bringing on six more enterprise clients, following the firm’s onboarding of independent broker/dealer Cetera Financial Group. The fee-for-service billing and payment platform, built on Stripe and designed for financial advisors, will be…

Published: April 4, 2019

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Hybrid RIA Power Play: $200M Northwestern Team Joins Fellow Alums

By: Tobias Salinger, Mar. 12, 2019 /Financial-Planning.com/ A Northwestern Mutual team with $200 million in client assets bolted to join fellow alums at an independent practice that’s now added 10 advisors in 20 months. Advisors John Mara and Shaun Feldeisen have launched the Boston office of Bleakley Financial, the hybrid RIA practice said last month. Fairfield, New Jersey-based Bleakley has…

Published: March 12, 2019

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LPL Financial Shares Zoom to All-Time High of $77, After New CEO Lets Brokers Sell Like Hell, and RIA Custody and OSJ Contracts Achieve New Balance

By: Lisa Shidler, Feb. 6, 2019 /RIABiz.com/ Dan Arnold steers Fort Mill, S.C. IBD giant on walk-and-chew-gum course that allows for juicing annuity sales, rebuilding RIA fee platform and squeezing more profits from less revenue. Brooke’s Note: Sometimes share prices are misleading. More often, not. LPL gets lots of critical media because of the wrenching change it is undergoing and…

Published: February 7, 2019

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