Dan Shaw
- Indexed articles, last 90 days
- 51
- Latest publication
- Oct 1, 2026
- Outlet visibility, for American Banker
- Top 1M sites
- Earliest in this view
- Jul 6, 2026
Latest articles
Fidelity says it will end custody relationships with RIAs under $100M (opens the original)
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Fidelity has a new message for RIAs using its custodial services: They need to have at least $100 million in client assets with the firm by next summer or move on. Fidelity Investments this week sent out notices to RIAs that have entrusted it with less than $100 million in client assets informing them they have until June 30, 2027 to exceed that threshold if they want to keep using it as a custodian. Fidelity currently has a $100 million minimum that RIAs must meet to join its custodial services
SEC rule would let investors take exam to qualify as accredited (opens the original)
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For years, the SEC has flirted with the idea of letting anyone who can pass a securities test, as well as holders of certain professional certifications, invest in private markets without meeting specific income and net worth criteria. Now the industry watchdog is moving forward with an actual proposal. On Wednesday, the three currently active commissioners on the Securities and Exchange Commission voted unanimously to invite public comment on a rule change that would broaden the definition of "
A referral business newcomer seeks to link CD investors with advisors (opens the original)
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With advisors under pressure to increase their managed assets without market appreciation, various third-party firms are finding new ways to make money in drumming up client referrals. One of the latest and most novel to enter the referral business is CD Valet, an online market place for savers looking to compare rates offered on certificates of deposit from various lending institutions. John Blizzard, the founder and CEO of CD Valet, said between 150,000 and 200,000 investors go to the firm's w
Firms push to make private markets more like publics (opens the original)
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As the SEC seeks to lower regulatory hurdles to investing in private markets, various asset managers and fintechs are busy building the technological bridges intended to provide better access.Logan Henderson, the founder and CEO of the alternatives management firm Gridline, said the biggest obstacle preventing advisors from moving regular investors into private equity, private credit and similar opportunities isn't government regulations. Rather, it's the absence of technological entrance points
RIAs working with Schwab get higher-yielding option for clients' cash (opens the original)
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As AI threatens to squeeze firms' profits on uninvested cash, RIAs that work with Charles Schwab are gaining a new option for clients' long-term cash holdings. The fintech firm Save announced Thursday that more than 16,000 RIAs using Schwab for asset custody and support can now access its high-yielding cash management service. Save's offering, called Market Savings, is designed to strike a balance between the liquidity that comes from holding wealth in cash and the returns from putting it in hig
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