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.
No one knows how messy the Fed increase could get
By Alexandra Scaggs, Liz McCormickAs the Fed prepares to raise interest rates from near zero as soon as next week, bond investors are on edge.
December 03, 2015
Raymond James to Buy Deutsche Bank U.S. Private-Client UnitThe unit has about 200 advisors with about $50 billion of client assets and $300 million of revenue.
December 03, 2015
Raymond James to buy Deutsche Bank U.S. private client unitRaymond James Chief Executive Officer Paul Reilly has been boosting the firms growth through acquisitions.
December 02, 2015
Merrill: Climate Change Could Cause ‘Unprecedented Damage to Financial Stability’It's not just politicians and climate scientists sounding the alarm about climate change. Even the big banks are calling for action to reduce carbon emissions.
November 30, 2015
LPL, Raymond James & Ameriprise Report EarningsLPL Financial says it had net income of $41.1 million, or $0.43 per share, in the third quarter vs. $33.3 million, or $0.33 per share, a year ago. On an…
November 30, 2015
Wirehouses Post Mixed Q3 ResultsWealth-management results announced as part of the third-quarter earnings season are fairly mixed at the wirehouses. Bank of America-Merrill Lynch, for…
November 30, 2015
Can Robo-Advisors Really Be Fiduciaries?Can robo-advisors "be neatly placed within our existing laws," SEC Commissioner Kara Stein asks, "or do we need certain tweaks and revisions?"
November 24, 2015
Recruiting Roundup: UBS, Others Nab More Credit Suisse RepsMeanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.