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.
LPL Posts Strong First-Quarter Profits
By Janet LevauxLPL Financial reported first-quarter 2011 profits of $49.0 million, 91.7 percent higher than the $25.6 million in profits it reported a year ago. In addition,…
June 01, 2011
Wirehouse Firms Share First-Quarter ResultsMorgan Stanley reported adjusted first-quarter net income of $966 million, or $0.50 per share, compared with income of $1.8 billion, or $1.03 per share,…
May 24, 2011
Advisors Take Note: Millionaires Tired of Handling InvestmentsMillionaires just aren’t having as much fun managing their own money these days. Not only that, they’d rather that someone else did it for them—so says a new Spectrem Group study, “Millionaire Investors 2011, Vol. 1,” released Tuesday.
May 19, 2011
LPL Financial Awarded Advisory Solutions Product of the YearThe BD’s Model Wealth Portfolios win with Money Management Institute.
May 19, 2011
Raymond James Says April Fees, Commissions Up 2%RJ's Average fees and commissions were about $34,400 per FA last month, and average AUM is roughly $53 million per rep.
May 19, 2011
New Hire Roundup: National Advisor Trust Gains Alfred; Lewis, Morris Team Under LemayNational Advisors Trust welcomed James D. Alfred to the fold, while Jeannie Lewis and Bryan Morris went to Deloitte under the leadership of April Lemay.
May 16, 2011
BridgePortfolio, RIA Back Office Provider, Sells to Insignis−Possible Trend?The announcement comes on the heels of the Advent Software/ Black Diamond deal last week.
May 13, 2011
Capital Analysts Adds Shore Morgan Young to Flat-Fee Affiliation ModelThe deal with Shore Morgan Young means that Capital Analysts has more then $8 billion in assets and over 330 affiliated financial advisors.