RIA Leaders 2026: The custody fee conundrum

T1Covered by 1 source · first reported by American Banker (headlines) at 03 Nov, 15:00 UTC

The lack of a uniform, publicly available listing of revenue collected by custodians has led to calls for a custody fee that would overhaul the industry's traditional business model and clarify how those relationships affect RIAs' fiduciary duty to their clients.