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.
RIAs With $410M in AUM to Custody With Raymond James
By Janet LevauxFour firms, including an ex-Ameriprise affiliate, join Raymond James' RIA division with combined assets of $410 million.
December 01, 2011
Cogent Research: Elite Group of Advisors Driving 401(k) BusinessWhile just over half of the estimated 315,000 retail investment advisors in the United States currently support at least one 401(k) plan, only 7% of advisors are heavy plan producers with $25 million or more in 401(k) assets under management, according to a new report.
November 23, 2011
Most Earnings Top Estimates on Mixed Advisor-Headcount NewsBank of America reported net income of $6.2 billion, or $0.56 per share, for the third quarter vs. a net loss of $7.3 billion, or $0.77 per share, last year topping analysts estimates by a wide margin. Revenue, net of interest expense (and calculated on a fully taxable-equivalent basis)...
November 21, 2011
U.S., U.K. Pensions Fail to Manage Risk Well: StudyThey say acknowledging that you have a problem is half the battle, but corporate pensions in the United States and the United Kingdom appear to be losing.
November 18, 2011
Asset Management Will Face Greater Headwinds in 2012: McKinsey ReportThe U.S. asset management industrys apparent resilience has temporarily masked serious challenges related to costs, productivity and growth, according to a report by McKinsey & Co.
November 11, 2011
One Man’s Quest to Find an Indie RIA BuyerWhen Harry Rady flew to New York from San Diego recently, he was on a mission: to find an independent RIA that would buy him out.
November 11, 2011
Advisors Crave More Control Over Asset Management: Aite'Clearly, advisors crave more control in the asset-management process,' says the Aite Group's report, 'Managing Wealth: Advisor Perspectives on Investment Products and Fee Business.'
November 09, 2011
J.P. Morgan Asset Management Rethinks DC PlansIn a foray into the retirement marketplace, J.P. Morgan Asset Management has developed three core menus the let DC plan participants engage more actively with their plans.