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.
Most pension assets vulnerable to conflicts of interest
By Warren S. HerschA report shows that $707B in regulatory assets are managed by consultants who say they have one or more conflicts of interest.
January 23, 2013
Raymond James Boosts Sales, Income; Tops EstimatesThe independent broker-dealer improves results from the prior quarter and last year, though its headcount falls from September.
January 22, 2013
TD Profits Soften as Assets, Margins ImproveNet client inflows topped $15.5 billion in the period ending Dec. 31 as the trading firm beat estimates.
January 22, 2013
Focus Financial Partner Firms Complete Strategic DealsFocus Financial Partners announced Tuesday that four of its partner firms have completed strategic transactions in the last 60 days, either closing on important sub-acquisitions or recruiting well-respected new professionals to their firms.
January 22, 2013
An Advisor’s Investment Journey Into The Promised LandIt was for years a truth universally acknowledged that New York Jews retired to Florida. But in recent times, that dynamic has changed and more and more people have been eschewing the Sunshine State for another destination: Israel.
January 18, 2013
Morgan Stanley at ‘Pivot Point,’ Says CEO, as Firm Tops Earnings EstimatesGorman adds that hes comfortable with the current headcount and that the wealth management unit has a pretax profit of 17%.
January 17, 2013
BofA Profit Off 63% as Wealth Unit Doubles Its EarningsThe wealth unit of Bank of America sees its net margins top 20%, as its advisor headcount dips slightly.
January 16, 2013
Schwab Meets Expectations: Q4 Earnings 2012Its Advisor Services unit now has close to $790 billion in client assets as of December 2012.