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.
IBDs Dominate Long-Term Mutual Fund AUM
By Michael S. FischerRIAs take second place, and both channels saw tremendous asset growth in long-term mutual funds and ETFs in 2013, according to Broadridge.
January 22, 2014
Raymond James Posts Strong Quarterly ResultsAdvisor fees and commissions jump 10% from last year and 6% from the prior quarter, though its number of reps stays flat.
January 22, 2014
El-Erian’s PIMCO Exit: A Game Changer?Experts say the CEO wasn't pushed out, but it may prove difficult for PIMCO to fill his shoes at the firm and in the media.
January 22, 2014
Fidelity Asset Management Head Ron O’Hanley to LeaveFidelity plans to replace OHanley with an internal successor, whom it didnt name, according to a note to employees from President Abigail Johnson.
January 21, 2014
Breakaway Brokers Move to Focus, Raymond James, OthersIn addition to ex-wirehouse advisors, independent broker-dealers, RIAs and wealth management firms are expanding with "tuck-in" deals.
January 20, 2014
Morgan Stanley Aims for Higher Wealth Management ProfitsCEO James Gorman says its operations, which trail those of rival Merrill Lynch, should top 22% by late 2015 by selling more and keeping costs in line.
January 16, 2014
Top 3 Issues Advisors Will Face in 2014, Part 1: Robo-AdvisorsIn the coming year, we'll begin to see which robo-advisors will pull ahead of the others, and many will aim to refine their business models.
January 10, 2014
Advisors Increasingly Outsource Asset Management: TiburonAs more advisors have moved away from the broker model, TAMPs have gained steam, according to Tiburon Strategic Advisors.