Registered Investment Advisors Ring the NYSE Opening Bell to Mark Industry Milestone
August 27 2015 - 4:30PM
Business Wire
TD Ameritrade Applauds RIAs for Their
Commitment to Individual Investors, Celebrates the 75th Anniversary
of the Investment Advisers Act
Passionate about their profession and role in helping investors
navigate turbulent markets, independent registered investment
advisors (“RIAs”) will join TD Ameritrade Institutional1,
Friday, August 28th at 9:30 am to ring the NYSE
Opening Bell® at the end of a historic week on Wall Street.
Wild swings in the stock market emphasized the need for
perspective and a level head. In these times of market turmoil,
investors often turn to financial professionals for advice and more
than ever they are turning to RIAs. In fact, RIA headcount and
asset growth has been outpacing all other wealth management
channels.2
For investors, one appeal of working with an RIA is that they
are held to a fiduciary standard of care under the Investment
Advisers Act of 1940. That means, by law, RIAs are required to act
in a way that puts the client's best interest first.
“The RIA profession was built on a ‘client-first’ foundation
that continues to deliver value to investors, especially in times
of market uncertainty and 24/7 news headlines that can rattle
investor confidence,” said Skip Schweiss, managing director of
advisor advocacy and industry affairs, TD Ameritrade Institutional.
“The Investment Advisers Act has given investors who work with an
RIA the benefit of knowing their advisor is providing client
focused insights and expertise when cool-heads are needed.”
Investment Advisers Act Turns 75This month marks the 75th
anniversary of the Investment Advisers Act, which defines the role
and responsibilities of a registered investment adviser and stands
as the law governing RIAs. The Investment Advisers Act was put into
place following the Great Depression to help bolster regulations of
those who provide investment advice. With its fiduciary duty
standard, the Investment Advisers Act has helped to build the
public’s trust and strengthen U.S capital markets by encouraging
millions of Americans to invest.
To celebrate this important milestone, New York-area RIAs join
TD Ameritrade Institutional to open the New York Stock
Exchange.
John Paoloni
Tina Powell
Northstar Asset Management LLC
SheCapital
Andrew Peters
Mark Germain
Northstar Asset Management LLC
Beacon Wealth Management
Ray Mignone
Chip Sawyer
Ray Mignone and Associates
Westover Capital Advisors, LLC
Nicholas Spagnoletti
Robert Davis
Macro Consulting Group, LLC
Round Table Wealth Management
Mark Cortazzo
Anthony Schembri
Macro Consulting Group, LLC
Clarfield Financial
Social and Digital Media
Follow TD Ameritrade Institutional Twitter updates from the New
York Stock Exchange via @TDA4Advisors, and through our TDA4Advisors
blog. Follow and join the conversation using the hashtag
#fiduciaryfriday.
Photos and video will be available following the NYSE event.
Please send press requests to Kristin.petrick@tdameritrade.com
About TD Ameritrade InstitutionalTD Ameritrade
Institutional is a leading provider of comprehensive brokerage and
custody services to over 4,500 fee-based, independent registered
investment advisors and their clients. Our advanced technology
platform, coupled with personal support from our dedicated service
teams, allows investment advisors to run their practices more
efficiently and effectively while optimizing time with clients. TD
Ameritrade Institutional is a division of TD Ameritrade, Inc., a
brokerage subsidiary of TD Ameritrade Holding Corporation.
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors turn to TD
Ameritrade’s (NYSE: AMTD) technology, people and education
to make investing and trading easier to understand and do. Online
or over the phone, in a branch or with an independent RIA,
first-timer or sophisticated trader, our clients want to take
control and we help them decide how: We’ve been bringing Wall
Street to Main Street for 40 years. An official sponsor of
the 2016 U.S. Olympic Team, TD Ameritrade has time and again been
recognized as a leader in investment services. Please visit TD
Ameritrade’s newsroom or www.amtd.com for more information.
Advisors have not received remuneration for participation. The
advisors mentioned are not affiliated with TD Ameritrade
Institutional.Brokerage services provided by TD Ameritrade, Inc.,
member FINRA (www.FINRA.org) / SIPC (www.SIPC.org)
1 TD Ameritrade Institutional is a division of TD Ameritrade,
Inc., a brokerage subsidiary of TD Ameritrade Holding Corporation2
Cerulli Associates, the Cerulli Report, Advisor Metrics 2014
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version on businesswire.com: http://www.businesswire.com/news/home/20150827005742/en/
TD Ameritrade Holding CorporationKristin PetrickCommunications
& Public AffairsW: (402) 574-6569M: (402)
578-8182kristin.petrick@tdameritrade.com
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