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.
Ameriprise Earnings Disappoint but Assets Under Management Grow
By Bernice NapachAdvisor fees and commissions at Ameriprise rose 11% to $505,000 per capita.
April 16, 2015
New Hire Roundup: Ken Fisher Isn’t Retiring, He’s Dropping a TitleReports of Fishers imminent retirement were exaggerated. Meanwhile, asset management firm TCW Group announced that Heather Conforto Beatty joined as SVP.
April 14, 2015
Wells Fargo Sees Q1 Profit Drop on Weaker Bank ResultsMeanwhile, wealth and brokerage operations boost net income 18% in the period.
April 13, 2015
Focus Adds Wealth Group in Canada; United Capital Picks Up 2 FirmsEach firm acquires groups of advisors with more than $600 million in client assets.
April 10, 2015
Venture Capital Dealmaking Strong in First QuarterThe amount of invested in fledgling companies by the VC sector in Q1 rose to $27 billion globally, up from $18 billion a year ago.
April 03, 2015
Merrill Adds Janney Advisor, Ameriprise Picks Up 3 RepsThe advisors come on board the two firms in Pennsylvania, Texas, Florida and New York.
April 01, 2015
Bill Gross Blasts ‘Hostile’ Investing Climate, Says ‘New Neutral’ Rate Now ZeroThe Janus manager argues that the investing environment is so inhospitable that he is reduced to trading more than owning bonds to deliver shareholder return.
March 31, 2015
SSgA Taps Former Fidelity Exec O’Hanley as New President, CEONew State Street Global Advisors head OHanley also spent 13 years in leadership positions at Mellon Bank and Bank of New York Mellon.