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.
MSC Boosts Assets; Commonwealth Recognized by Pubs
By Janet LevauxMutual Service Corporation (MSC) reports that it has increased its advisory assets under management by more than 20 percent, from $5.1 billion in August 2006...
July 02, 2007
Bank of New York, Mellon Merger FinalThe Bank of New York Company, Inc. and Mellon Financial Corporation have completed their merger, creating The Bank of New York Mellon Corporation. The new...
June 28, 2007
Rydex Acquired by Security BenefitSecurity Benefit, the Topeka-based financial services holding company has signed a definitive purchase agreement to acquire Rydex Investments, Rockville, Maryland. The combined organization is expected to have roughly $35 billion in assets under management and $52 billion of assets under administration when the deal closes later this year.
June 24, 2007
High Court Weighs In On Pensions And MergersA merger agreement should not be considered as a form of termination for a retirement plan, and employers do not have a fiduciary obligation to ...
June 24, 2007
High Court Weighs In On Pensions And MergersA merger agreement should not be considered as a form of termination for a retirement plan, and employers do not have a fiduciary obligation to ...
June 11, 2007
High Court Weighs In On Pensions And MergersA merger agreement should not be considered as a form of termination for a retirement plan, and employers do not have a fiduciary obligation to ...
June 11, 2007
High Court Weighs In On Pensions And MergersA merger agreement should not be considered as a form of termination for a retirement plan, and employers do not have a fiduciary obligation to ...
May 30, 2007
Pershing Rolls Out New Managed Account NetworkPershing LLC, a subsidiary of the Bank of New York Company, Inc., has launched Managed Account Network, an innovative, open architecture platform that allows introducing broker-dealer firms to offer t