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.
Aberdeen Asset Management Acquires Artio Global for $175M
By James J. GreenThe U.K.-based global asset manager continues its growth plan in U.S. with the acquisition of a $14.3 billion firm and looks to further its reach with BDs and RIAs.
January 31, 2013
Most pension assets vulnerable to conflicts of interestA report shows that $707B in regulatory assets are managed by consultants who say they have one or more conflicts of interest.
January 30, 2013
Ameriprise Boosts Profits on Strong Wealth ResultsIts advisor headcount stands at 9,767--down about 50 advisors from the third quarter but up roughly 40 from last year
January 23, 2013
Wirehouses Roll Out ’13 Comp PlansAfter getting feedback from top advisors, Morgan Stanley said in December that it will share a new stock-ownership plan with reps in 2013.
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.