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BlackCrown tried to call foul on Schwab’s anticipated acquisition, asserting it would become an “unlawful monopoly” and stifle innovation in the custodial marketplace.January 3
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While advisors have embraced cheaper trades, the move may have long term effects on strategies for client portfolios.January 2
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In search of new sources of revenue now that it has slashed fees on stock trades, the brokerage giant could use the influx of deposits to grow its loan portfolio and add new banking services.December 5
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While the acquisition still needs regulatory approval, combining the two companies could be considered “anti-trust” in a different way.November 26
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Among immediate changes, Tim Hockey resigned as chief executive of TD. Here's what else advisors can expect.November 25
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Planners who manage less than $100 million in client assets question their future at Schwab.November 25
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America’s original discount broker will now have even more sway over the sector it pioneered nearly a half-century ago.November 25
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The acquisition creates a discount brokerage behemoth that experts say could reshape automated advice.November 21
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he potential acquisition would unite two firms that custody assets for more 7,000 independent advisory firms.November 21
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The deal would consolidate an industry under pressure from a price war.November 21
