Fidelity: $100M Custody Minimum to Impact a Few Hundred Firms

Published on October 7, 2026

Fidelity pegs the number of advisors that will have to leave its platform by June 2027 as less than 1% of its total clearing and custody assets.

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The Big Four Recession Indicators: Employment

October 7, 2026
There is a general belief that there are four big indicators that the NBER Business Cycle Dating Committee weighs heavily in their cycle identification process. This commentary focuses on one of these indicators: nonfarm employment. In September, total nonfarm payrolls increased by 29,000 while the unemployment rate increased to 4.2%

Merit Financial Snags 10th Commonwealth Advisor

October 7, 2026
The Atlanta-based RIA acquired Moldenhauer & Associates, a New York wealth management practice overseeing $1.1 billion in client assets across nearly 1,900 households.