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.
Study: Investment-Only DC Plan Assets to Grow to $3.5 Trillion by 2017
By Warren S. HerschInvestment-only DC plan assets, the study says, will grow to $3.5 trillion by 2017, a 52% rise from the $2.3 trillion recorded at year-end 2011. The 2017 total also represents an 8% growth in market share relative to year-end 2011, when investment-only plans stood at 52% of all DC plan...
June 21, 2012
S&P Capital IQ Signs Partnership Deal With La Francaise AMThe Global Markets Intelligence unit at S&P Capital IQ has partnered with Paris-based La Francaise AM to share global credit expertise and expand their investor-driven businesses.
June 20, 2012
Merrill Loses Four Advisors to Wells FargoThe departures come on the heels of news that BofA is selling some operations to Julius Baer and firing some U.S. Trust managers.
June 11, 2012
Swanson of MFS Sees ‘Garden-Variety Recession’ in EuropeThanks to a number of factors, including world profit margins on the rise and an expansion in the U.S., James Swanson of MFS Investment Management says the next six months present not a terribly bearish story.
June 07, 2012
5 Misconceptions About Consumers and IRA RolloversThe IRA rollover market creates a massive opportunity for advisors, according to recent research from McKinsey & Co.
May 29, 2012
UK’s Prudential Names Manduca as New ChairmanPaul Manduca succeeds Harvey McGrath and will assume his new role on July 2.
May 24, 2012
LPL Financial Boosts FAs, SalesLPL Financial said its first-quarter net income was $41.2 million, or $0.37 per share, down $7.8 million compared with net income of $49.0 million, or $0.43 per share, from a year earlier.
May 24, 2012
Major Firms See Assets, Fees Rise in Q1 ‘12 But Post Mixed Results for FA HeadcountsFor the first quarter, Bank of America said the total number of financial advisors rose to 17,512 from 17,308 in the prior quarter and 15,797 in the year-ago…