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.
Fidelity Separates Asset Management From Distribution
By Kate McBrideAbigail Johnson promoted to head all of distribution; Ronald O'Hanley hired to lead asset management and corporate services.
May 06, 2010
Wells Fargo Hires Merrill Manager; Baird Adds From Smith BarneyWells Fargo Advisors tapped Thomas R. Isaacs from Merrill Lynch to serve as the market manager for its New York City branches, while Baird picked up William H. Sewell from Morgan Stanley Smith Barney to open a new office in Raleigh, N.C.
May 05, 2010
Profits at Calamos, AllianceBernstein Surge in Q1Calamos gets boost from rise in AUM; AllianceBernstein benefits from market resurgence and cost-cutting.
April 29, 2010
Stifel Shares Q1 Growth Report on Heels of Merger NewsStifel's wealth-management operations are poised to include 1,900 financial advisors and $100 billion in assets under management after its merger with Thomas Weisel Partners is completed.
April 29, 2010
Stifel Net Income Leaps, Shares Rise on Heels of Merger NewsStifel's wealth-management operations are poised to include 1,900 financial advisors and $100 billion in assets under management after its merger with Thomas Weisel Partners is completed.
April 26, 2010
Stifel to Buy Thomas Weisel; New Firm Would Have 1,900 Advisors, $100 B in AUMStifel Financial and Thomas Weisel Partners Group said Monday, April 26, that they have entered into a roughly $300 million merger agreement.
April 26, 2010
Stifel to Buy Thomas Weisel; Would Have 1,900 FAs, $100 Bn AUM after MergerDeal should give Stifel more private-equity products and Silicon-Valley clients, as well as about $1.6 billion in yearly sales.
April 20, 2010
Citigroup's Profit Soars; Morgan Venture Also StrongCiti's earnings hit $4.4 billion; Smith Barney unit triples income