{"id":588,"date":"2021-04-12T08:10:53","date_gmt":"2021-04-12T13:10:53","guid":{"rendered":"https:\/\/paddenfinancial.com\/?p=588"},"modified":"2021-04-12T08:10:53","modified_gmt":"2021-04-12T13:10:53","slug":"quoted-financial-planning-ria","status":"publish","type":"post","link":"https:\/\/paddenfinancial.com\/quoted-financial-planning-ria\/","title":{"rendered":"FinancialPlanning discusses RIA custody service changes. Sheila Padden weighs in."},"content":{"rendered":"<p>A <a href=\"https:\/\/www.financial-planning.com\/news\/small-ria-custodians-put-in-spotlight-after-schwab-td-ameritrade-acquisition\" target=\"_blank\" rel=\"noopener\">recent article by Jessica Mathews at <em>FinancialPlanning<\/em><\/a> describes a changing landscape for RIAs (Registered Investment Advisors) when choosing an asset custodial service. Charles Schwab, the largest player in the market had some service speed bumps to overcome during its merger with TD Ameritrade:<\/p>\n<blockquote><p>Advisor Sheila Padden never had a complaint with Charles Schwab, her custodian of five years. That is, until last year.<\/p>\n<p>Padden doesn\u2019t have her own client service team and relies on one of Schwab\u2019s call centers. It has historically been responsive; the company \u201ctends to run a pretty tight ship,\u201d she says. Around November, that started to change.<\/p>\n<p>\u201cI had to just be prepared to be on hold for 45 minutes,\u201d Padden says. \u201cIf I didn\u2019t have the time, then I just shouldn\u2019t make the call.\u201d<\/p><\/blockquote>\n<p><strong><a href=\"https:\/\/www.financial-planning.com\/news\/small-ria-custodians-put-in-spotlight-after-schwab-td-ameritrade-acquisition\" target=\"_blank\" rel=\"noopener\">Read the full article, Small custodians, big business at <em>FinancialPlanning<\/em><\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent article by Jessica Mathews at FinancialPlanning describes a changing landscape for RIAs (Registered Investment Advisors) when choosing an asset custodial service. Charles Schwab, the largest player in the market had some service speed bumps to overcome during its merger with TD Ameritrade.  <a href=\"https:\/\/paddenfinancial.com\/quoted-financial-planning-ria\/\" rel=\"nofollow\">[More]<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[74,73,72],"_links":{"self":[{"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/posts\/588"}],"collection":[{"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/comments?post=588"}],"version-history":[{"count":0,"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/posts\/588\/revisions"}],"wp:attachment":[{"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/media?parent=588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/categories?post=588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paddenfinancial.com\/wp-json\/wp\/v2\/tags?post=588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}