As a growing number of investors switch from commission-based brokerage to fee-only RIAs, the market has responded in kind. FINRA data shows that the number of FINRA-registered broker-dealers fell by 17% in the past eight years, while SEC-registered RIAs have grown by...
According to data collected by Technology Evaluation Centers, nearly 50% of ERP implementations fail the first time around. It’s no wonder that many firms are indecisive when investing in new technology and often do nothing, settling for stagnation — no matter the...
When a bank or credit union decides to provide wealth management services via a third-party broker-dealer (e.g., LPL Financial, Raymond James, CUNA, etc.), they must select the type of networking arrangement. This arrangement consists of two main models: managed...
We recently hosted a webinar titled: Best Practices in Working With Your Third-Party Broker-Dealer. This webinar explored how bank and credit union investment services programs can get the most out of their third-party broker-dealer partnership. Terrapin Technologies...
We recently hosted a webinar titled: Leveraging Financial Institution Data in LPL Bank and Credit Union Programs. The panel featured industry leaders who discussed ways to leverage financial institution data to successfully drive revenue and growth. Discussion topics...