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.
Merrill Advisors Drop Reuters for FactSet Market Data
By Janet LevauxThe nearly 15,000 advisors, who have average yearly fees & commissions of about $1 million, will make the switch in the fourth quarter.
July 30, 2018
SEC Clarifies 'Inadvertent Custody'The staff of the U.S. Securities and Exchange Commission's Division of Investment Management recently released updated guidance to what advisors know…
July 26, 2018
UBS Cutting Dozens of Staff in Wealth-Management RevampThe developments are taking place after the business reported a withdrawal of assets by clients in the latest quarter.
July 23, 2018
Maybe the Future of Fund Management Isn't So BleakAssets are growing, and firms seem to be adapting to the squeeze on fees.
July 20, 2018
Carson Group Invests In and Adds $1.1B Texas TeamPinnacle Financial Group, led by Michael David, will change its brand but not its broker-dealer in the process.
July 19, 2018
Bigger Is Better, but More Complicated, for RIAs: CerulliBeyond the $1 billion asset threshold, RIAs require an "entirely new set of competencies to remain competitive," Cerulli says.
July 13, 2018
Robo-Advisor Hedgeable Is Closing. Who's Next?The "market of independent automated investment services is saturated," Bill Winterberg says.
July 12, 2018
Here's the Key to Attracting New Clients: SchwabFirms that use this strategy win 26% more new clients than those that don't, Jonathan Beatty tells ThinkAdvisor.