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.
Creative Planning Buys $530M RIA in Michigan
By Janet LevauxSeparately, RIA Mercer acquires a $330 million wealth firm in Southern California.
June 24, 2020
Mid-Cap Asset Manager of the Year: Wells Fargo Asset Management"We focus on companies that ... use their balance sheets in a productive manner," said portfolio manager Bryant VanCronkhite.
June 24, 2020
Vanguard Embraces Blockchain to Enhance OTC Currency Market: Tech RoundupAlso, BNY Mellon and Wilshire Associates team up on advisor-focused custom target date platform.
June 19, 2020
SEC Puts Brakes on Brothers' Crypto FraudTens of millions of dollars collected from investors ended up in their personal accounts and later were directed to themselves and others.
June 19, 2020
RBC Wealth Adds $2B Reps From Wells Fargo, UBS and Other FirmsThe firm is picking up advisors in New York, Pennsylvania, New Jersey, Virginia and Maryland.
June 18, 2020
Wells Fargo to Sell Alt Fund Platform to iCapitalWells Fargo will invest in iCapital as part of the deal.
June 10, 2020
Captrust Buys $1.6B Wealth FirmThe news comes a week after Captrust sold a minority interest to a private equity group.
May 27, 2020
LPL to Buy $2B Advisory Firm"Expect more of this" as acquirers capitalize on the shutdown, popular blogger Michael Kitces said.