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.
UBS Profits Rise 7% on Strong Wealth Results: Q1 Earnings
By Janet LevauxUBS advisors in the Americas have average yearly fees and commissions of $1.04 million.
April 30, 2014
IMCA’s ‘Capstone Gathering’ in Boston Attracts 1,700 AttendeesExecutive director and CEO Sean Walters says event is growing in attendance even as its overall membership swells, with more independent advisors joining.
April 29, 2014
Ameriprise Wealth Unit Boost Profits 39%: Q1 EarningsAverage fees and commissions per advisor top $450,000, up 15% from a year ago.
April 28, 2014
TIAA-CREF to Buy NuveenTIAA-CREF has announced plans to acquire Nuveen Investments for $6.25 billion, including debt. TIAA-CREF believes the acquisition “significantly…
April 21, 2014
Top 20 Richest Colleges for 2013: The Biggest EndowmentsOf the 835 colleges studied, endowments rose by an average of nearly 12% in the fiscal year ending in June 2013.
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.