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.
Baird Maintains Momentum with FA Growth
By Janet LevauxBaird recently hired nine financial advisors from Morgan Stanley Smith Barney in Charleston, S.C., and Fort Worth, Texas, with about $1.3 billion in total client...
September 21, 2010
Baird Hires Morgan Stanley, KCCI Advisors in ColoradoAfter picking up nine Morgan Stanley Smith Barney advisors in late August, Baird's wealth management unit attracts three more in late September.
September 15, 2010
Editor's Blog: Read the Consumer Message BoardsThose ads about "guarding your reputation on the Internet" may sound as if they're a bunch of hype - but maybe people in the insurance industry should take that advice seriously.
September 02, 2010
BNY Mellon Completes Acquisition of I(3) Advisors, a Toronto Wealth ManagerBNY Mellon has completed its purchase of the Toronto wealth management boutique I3 Advisors, the firm said in a statement on Tuesday, September 1.
September 02, 2010
BNY Mellon Completes Acquisition of I3 Advisors, a Toronto Wealth ManagerCanada's high-net-worth market is attracting big overseas wealth managers.
September 01, 2010
Morgan Stanley Still Dominates in FA Count; Merrill and UBS Lead in Fees, Assets per RepThe number of Morgan Stanley financial advisors -- including those involved in the joint venture with Smith Barney -- fell by about 50 to 18,087...
August 31, 2010
Wirehouse Assets: Still Leading, but Losing Market ShareThe four wirehouses continue to dominate the list of sponsors of separately managed accounts for the second quarter of this year, according to a research report just issued by the Money Management Institute and Dover Financial Research.
August 31, 2010
Wirehouse Assets: Still on Top, But Losing Market ShareThe four largest broker-dealers have about 60%, or $1.1 trillion, of the industry's managed assets, down from 64% last year, according to a recent study.