Redefining the Relationship Between RIA & Custodians-Recording

Video Transcription

Video Summary

The video is a webinar hosted by Heidi Tennant, NFA's Senior Coordinator of Membership and Continuing Ed. The guests include Steve Erner, the head of the RIA custodian platform at LPL Financial, and Adrienne Larson, the vice president of RIA custody at LPL. The webinar discusses trends and challenges in the custodial space, such as M&A, talent management, and consolidation. They also address the importance of custodians providing value-added services to RIAs and advisors, including training, support, and consultancy. They discuss different fee arrangements and pricing models in the industry and highlight the need for custodians to differentiate themselves through service and innovation. The webinar concludes by inviting attendees to the NAFA Spring Conference to meet with LPL Financial representatives in person.

Keywords

webinar

LPL Financial

custodial space

M&A

value-added services

fee arrangements

differentiation

service

NAFA Spring Conference