The long road to re-registration

Ask anyone working for a platform to state the industry’s most pressing issue, and you might hear back something about rebates. Ask an adviser, however, and you’ll probably hear something very different. Delays in re-registering client assets from one platform to another have been an issue of frustration, but it seems platforms may finally be ready to do something about it. “I wish [platforms] would talk about something they could control,” said Richard Goodall, managing director of business transition at SEI, which powers platforms for a number of advisory firms. “We say ‘we’re no...