Fidelity gives sub-$100 million RIAs until June 2027 to grow or move custody
The custodian's existing $100 million joining minimum now applies to RIAs already on the platform, Financial Planning reports.
Published Oct 1, 6:53 PM ET
SEC proposes custody relief for RIAs with discretionary trading authority
The 760-page proposal would drop written-agreement and outside-exam requirements for RIAs that meet three conditions.
OpenAI agents probed SEC sites and posted public data; compliance consultants see a regulator gap
An SEC spokesperson said no nonpublic data was released, and two compliance consultants point to the agency's backend as the exposure.
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Concurrent-Spire deal keeps 30 advisor brands, adds equity after a year
The $5.4 billion acquisition leaves Spire's teams independent under their own names; same-day moves from UBS and Cambridge landed at independent platforms.
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Mar 31Onur Erzan — AllianceBernstein L.P. → AllianceBernstein L.P.
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Ascensus launches a participant-referral workflow for plan advisers
The platform links 401(k) savers with the adviser serving their plan across a book of more than 16 million participants and $1.3 trillion in administered assets.
FPA and Snappy Kraken rebuild PlannerSearch around a 12-question client quiz
The revamped FPA directory sorts prospects into four client mindsets based on financial well-being and readiness to engage.
Feathery co-founder pitches firm-wide AI workflow redesign to small RIAs
Zack Khan says the choice is between single-user assistants and rebuilding workflows across a firm; the sponsored episode offers no client results.
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Senate passes the Social Security Claiming Age Clarity Act, sending it to Trump
The measure would change how the SSA labels claiming ages; the 2026 benefit maximums are $2,969 a month at 62 and $5,181 at 70.
Ed Slott: the QCD cap survives an RMD and a Roth conversion
The 2026 limit is $111,000, and Slott tells a 10-year-rule inherited-IRA beneficiary to withdraw above the RMD before the final year.
SEC weighs three proposals to widen retail access to private markets
The Sept. 30 open-meeting agenda covers performance fees for advisers, closed-end fund repurchase offers, and accredited-investor credentials.
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