![Louis Diamond on the race to zero and independence in 2020 [video]](https://www.diamond-consultants.com/wp-content/uploads/2018/05/DCNews-1400-80x80.jpg)
Louis Diamond Quoted – Citywire video – shares his thoughts on Charles Schwab’s recent change to zero fees, and his thoughts on what 2020 looks like for advisors making the transition to independence.
Louis Diamond Quoted – By Brooke Southall, RIABiz – LPL Financial is going to zig to Charles Schwab & Co’s zag on zero commissions — by matching the move–but only in its RIA custody unit. The Fort Mill, S.C., broker-dealer is “likely…doing something to address” Schwab’s price cut, said Dan Arnold, CEO of LPL Financial in response to a direct question on the matter this week from Alex Blostein, the Goldman Sachs research analyst who covers the big broker-dealer.
