Episode 7

In this episode we explore some of the hottest topics in wealth management today with Dave Canter, Executive Vice President, Head of the Registered Investment Advisor Segment at Fidelity Clearing & Custody Solutions.

Dave shares his unique perspective and experience on:

ZeroCom –  intention vs results

What’s next in the wealth management business?

What transactions are going to ensue in the wealth management ecosystem?

What are the consequences & benefits of zero commissions & how is this change transforming the industry?

What are the driving factors pushing people to an independent model?

European model – What do advisors want? 

Advice is the key – “advice is one thing that a computer can’t deliver” (Tony Sirianni)

How are firms going to compete if they don’t have an advice component or if they don’t find a way for advisors to charge for advice?

What capabilities do advisors deliver – how do you go up the value stack?

How will the next generation of leaders continue to grow businesses like their founders 

* And much more.

It’s an episode that covers a great deal of ground – solid information for any advisor who is looking to gather insight on the changes in the landscape and use that knowledge to take their business to the next level.

Listen to additional episodes in this series

 

BIO

David Canter is executive vice president and head of the registered investment advisor (RIA) segment for Fidelity Clearing & Custody Solutions®, the business that offers a comprehensive clearing and custody platform, trading capabilities and business process and operations consulting to banks, broker-dealers, registered investment advisors, professional asset managers, strategic acquirers and retirement advisors and recordkeepers. Fidelity Investments is a diversified financial services firm that makes financial expertise broadly accessible to people investing their life savings, businesses managing their employee benefits and advisors investing their clients’ money. Since 1946, Fidelity has been helping people live the lives they want through its customer centered approach, innovative technology and investment solutions.

Prior to his current role, Mr. Canter served as executive vice president of Practice Management and Consulting for Fidelity Clearing & Custody Solutions. He assumed this position in August 2010 and was responsible for leading the development of a comprehensive Practice Management program structured around helping advisors accelerate growth, streamline their operations and manage risk.

Previously with Fidelity, Mr. Canter served as executive vice president and chief operating officer for Fidelity Institutional Wealth Services (IWS) beginning in September 2009. In this role, he was responsible for the oversight, efficiency and effectiveness of client-related operational processes. He was also the business lead coordinating legal, risk and compliance activities.

Prior to joining Fidelity in 2009, Mr. Canter managed certain operational functions and vendor relationships and served as chief legal and compliance officer for Post Advisory Group, an institutional investment advisor in the high yield realm. During an eight year tenure with Charles Schwab & Co. beginning in 2000, Mr. Canter held various management positions of increasing responsibility within the firm’s RIA business, including a corporate counsel role; vice president, Schwab Institutional Trading & Operations (SITO); and head counsel to the Schwab Institutional business. Previously, he held positions with the Quellos Group, an investment adviser focused on the fund-of-funds b...