Industry

United Planners Adds Trust Company Of America's Custodial Platform

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United Planners Financial Services, an RIA and independent broker-dealer for more than 350 advisors, now allows affiliated RIAs to custody assets at Trust Company of America, an independent technology and custody provider for RIAs. In addition to custody services, United Planners' advisors get access to Trust Company of America's trading and rebalancing platform. It also enable UP advisors to use Liberty, a mobile platform that provides anywhere/anytime access to account information and reports to investors and advisors.

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Pamphlet For A Single Fiduciary Standard For Financial Advisors Could Be Recalled As A Seminal Document When The History Of The Profession Is Written Decades From Now

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In a document that reads like a preamble to a single fiduciary standard for financial advisors, Ron Rhoades, an expert on the ethics of financiial advising, has spelled out legal, intellectual, and moral imperatives for regulatory action that would change the relationship between American consumers and advisors. Rhoades’ immediate goal is to support the Department of Labor and Employee Benefits Security Administration effort to apply ERISA’s fiduciary standard of conduct properly. However, when the history of the financial advice profession is written decades from now, this documen

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MoneyBlock, An Online Independent BD Focused on Reps And RIAs Utilizing Options Strategies, Launches Proprietary Client Management Platform

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MoneyBlock, an online broker-dealer serving independent reps and advisors, today introduced a proprietary platform that offers advisors and clients access to comprehensive online account management tools, real-time portfolio data, and easy order entry.  

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Does The Revelation Of Fees Paid To Advisors From Schwab And Fidelity Taint The Perception That RIAs, As Fiduciaries, Are Above Conflicts?

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Cerulli Associates posted an article today that is sure to enrage some RIAs. It's pretty brave and honest and deserves attention. 

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Why A Uniform Fiduciary Standard Isn't The Answer

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A uniform fiduciary standard won’t change anything if underlying problems plaguing the industry are not fixed first.

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