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 Lifts Profits 44% on Strong Wealth Results
By Janet LevauxFlows of client assets into advisor wrap programs were $3.1 billion in Q2, down from $4.1 billion in Q1.
July 18, 2013
Morgan Stanley Reports 42% Jump in Q2 Net IncomeIts 16,300 advisors have yearly production of $866,000 on average.
July 16, 2013
Schwab Q2 Profit Drops 11%; Sales Improve 4%Asset management and administration fees experience a 15% year-over-year increase and total $572 million in the latest period.
July 15, 2013
Citigroup Beats Q2 Earnings Consensus; Joint Venture Results DisappointStrong results in equity markets and fixed income helped the bank boost results overall.
July 12, 2013
JPMorgan, Wells Fargo Beat Estimates for Q2Though positive, sales growth at the big banks didn't keep pace with profit expansion in the second quarter.
July 12, 2013
U.S. Remains Engine of Global Growth: CerulliCerulli found global assets under management are set to cross $70.4 trillion by the end of 2013, a full $20 trillion higher than the industry's low point in 2008.
July 12, 2013
Global AUM to top $70.4T by 2014The report pegs household financial assets in the U.S. at $30 trillion in 2012.
July 12, 2013
Global AUM to top $70.4T by 2014The report pegs household financial assets in the U.S. at $30 trillion in 2012.