RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Schwab's purchase of Windhaven made its asset growth soar -- and RIA assets may be the afterburners

The Boston-based phenom has gathered assets mightily in good markets but may do even better in bad ones

Author Brooke Southall August 15, 2011 at 5:49 AM
1 Comment
no description available
Bryan Olson says the explosive growth doesn't include many RIA assets, which are expected to start kicking in soon..

TAMPs


Advisor

Advisor

August 15, 2011 — 6:45 PM

Advisors can still be a major player with Schwab after this purchase. We remain very optimistic about the Network program and so do branch staff.

Of course, this purchase is competition for advisors. But it is to be expected that Schwab would pursue other growth opportunities.

In the end, advisors must recognize that their offering must be rich and very service oriented. That will help drive advisor growth.

I don’t see this path as unexpected. And I do believe that Windhaven and Advisor Network can both be a winning strategy for all involved.


Related Moves

July 20, 2021 at 1:17 AM

Free of 2012 merger entanglements, Roger Hewins's second RIA act is on a hiring binge after zeroing in on women as target market -- knowing full well the gender tilt never seems to work

'Team Hewins' has some old hands from Redwood City, San Francisco, Boca Raton, and Miami overseeing billion of dollars and a push to create a place where the culture trumps pink-and-shrink in making notoriously leery women get invested

April 23, 2019 at 6:31 PM


Mentioned in this article:

Team Hewins
RIA Seeking to Hire Advisors
Top Executive: Roger Hewins



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.