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Pershing provides custody and clearing, technology, operations, trading, investment and practice management services to financial services firms and advisors.

Pershing Headlines

RIA Recruiters' Notebook 

Nov 1, 2011 12:00 PM, By Anne Field

Three RIA custodians talk about who they're recruiting and how they're attracting recruits....

RIA assets seen as key to Schwab, TD Ameritrade 

Jul 22, 2011 9:30 AM, By Jerry Gleeson

Asset growth at Charles Schwab and TD Ameritrade Holding, fueled in part by the RIA custody businesses of both firms, was a bright spot in this week's earnings reports, while trading revenue took a big hit. Both firms reported higher asset-based revenue as they brought on more financial advisors as well as retail investors in the three months ended June 30. ...

The Myth of the Vanishing Advisor 

Apr 1, 2011 12:00 PM, By Jerry Gleeson

The average financial advisor is in his 50s and mulling retirement. The total number of advisors in the industry has been flat for years and is expected to decline in coming years. These facts are constantly trotted out as proof that a talent crunch is at hand in the industry. But in fact, it may be no big deal....

Fidelity: As Dust Settles, Larger Teams Breaking Away   

Jan 28, 2011 12:25 PM, By Diana Britton

While the number of advisors shifting to independent business models slowed somewhat last year from 2009, the size of those breakaways making the move is growing, says Fidelity Investments. It’s not a new trend for the No. 2 RIA custodian. Fidelity has been seeing larger teams joining for many months now. ...

Fewer, But Bigger Breakaway Brokers Joining RIAs  

Oct 15, 2010 12:43 PM, By Jerry Gleeson

James Gorman and Sallie Krawcheck said it would be so. With markets stabilizing and bank-brokerage merger integrations progressing, fewer brokers are fleeing the big Wall Street wirehouse firms for the RIAs and independent b/ds in 2010. But those who are leaving tend to have more assets to drag with them. ...

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