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 Wealth Unit Boost Profits 39%: Q1 Earnings
By Janet LevauxAverage fees and commissions per advisor top $450,000, up 15% from a year ago.
April 16, 2014
BofA Posts Loss; Wealth Group Profit Slows: Q1 EarningsThe banks earnings are hit by mortgage issues, and advisor-related net income drops from the fourth quarter.
April 15, 2014
Schwab Boosts Profits 58%: Q1 EarningsPlus, Schwab Advisor Services' net new client assets grew 9% year over year.
April 14, 2014
TIAA-CREF to buy Nuveen InvestmentsThe $6.25 billion price includes $4.56 billion in outstanding debt.
April 14, 2014
TIAA-CREF to buy Nuveen InvestmentsThe $6.25 billion price includes $4.56 billion in outstanding debt.
April 14, 2014
Most high-performing advisors have succession planSixty-three percent of high-performing advisors have formal career goals, according to the research.
April 11, 2014
Wells Fargo Wealth Unit Raises Profits 41%: Q1 EarningsCEO John Stumpf points to possible expansion as the group's growth plans are discussed with analysts.
April 10, 2014
Sterne Agee to Buy WRP, Add 350 RepsThe deal could add some $600 million in assets to the Birmingham, Ala.-based firm, which is privately held.