Investment Platforms
Get the latest news and insights on investment platforms (including digital, mobile and online platforms), and how these developments impact financial advisors, the wealth management industry and more.
O'Shaughnessy Custom Indexing Platform Tops $1B
By Jeff BermanFirm's CEO sees further growth ahead, as "investors will no longer want to settle for investing fully in someone else's formula. Investors will want their own."
January 25, 2021
CI Financial Buying $23B Chicago RIAIt's the largest U.S. deal ever in terms of assets for the Canadian firm and its 14th since last year.
January 25, 2021
Schwab, Fidelity, E-Trade, Others Face Trading Platform GlitchesBrokers and investors complained about login and trading issues with E-Trade, Fidelity, Merrill, Robinhood, Schwab, thinkorswim and Vanguard.
January 22, 2021
Raymond James Adds $1.2B Bank Team From LPLThe firm is bringing on 17 advisors and 10 staff members from FirstBank's investment program in Tennessee.
January 20, 2021
Morgan Stanley Posts Growth in Advisors, New AssetsIts financial advisor headcount grew by 482 from a year ago and from 481 in the prior quarter to 15,950.
January 19, 2021
Merrill Sees Sharp Drop in New Clients as Asset Flows WeakenIts advisor headcount, too, is down from a year ago.
January 19, 2021
How the TD Ameritrade Deal Affected Schwab's Q4 EarningsSchwab beat estimates and RIA assets topped $3 trillion in its first quarterly report after the deal, which closed Oct. 6.
January 15, 2021
RBC Adds 2 UBS Teams With $900MThe firm welcomed a new group of advisors to its Lincoln, Nebraska branch.