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Tim Welsh

Nexus Strategy · Reported Oct 22

In network coverage since August 20, 2026 · 16+ stories

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Focus hires AI startup Nevis to rebuild data flows across its 90 RIAs

CEO Adam Biernbaum described the contract as buying a process rather than a product; Focus passed over IBM, McKinsey, Accenture and Booz Allen, RIABiz reported.

M&A · Oct 22Focus Financial Partners hires Nevis to unify data across its 90 RIAs

practice · Oct 6Fidelity ends custody for sub-$100 million RIAs, with June 2027 exit

RIA · Oct 6Betterment, Axos and Schwab court Fidelity clients hit by $100 million minimum

move · Oct 5Schwab offers an informal welcome to Fidelity's sub-$100 million custody clients

RIA · Oct 5Schwab says it already serves 11,000 sub-$100 million RIAs as Fidelity sets a deadline

move · Oct 2Fidelity gives custody clients under $100 million until June 2027 to move

move · Oct 1Fidelity tells sub-$100 million RIAs to leave, with no fee option to stay

The Close · Oct 1Fidelity extends its $100 million minimum to existing RIA custody clients

move · Oct 1Fidelity gives sub-$100 million RIAs until June 2027 to grow or move custody

RIA · Oct 1Fidelity raises RIA custody minimum to $100 million, setting a mid-2027 deadline

book · Sep 4Schwab tests its pricing power on HNW clients

practice · Sep 1Don't Pull a Schwab: Vanguard's Altruist Trust Test

practice · Aug 21Schwab's branch push turns custodian into competitor

portfolio · Aug 21Schwab's crypto line forces advisors to pick a side

practice · Aug 20Schwab's $5 million referral floor reshapes RIA client growth

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