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.
High Trading Volume in GameStop, AMC Blamed as Platforms Crash
By Jeff BermanInvestors reported problems Wednesday with E-Trade, Fidelity, Merrill, Schwab, thinkorswim and Vanguard. Robinhood had a crypto problem.
January 25, 2021
Schwab, Fidelity, E-Trade, Others Face Trading Platform GlitchesBrokers and investors complained about login and trading issues with E-Trade, Fidelity, Merrill, Robinhood, Schwab, thinkorswim and Vanguard.
January 22, 2021
Raymond James Adds $1.2B Bank Team From LPLThe firm is bringing on 17 advisors and 10 staff members from FirstBank's investment program in Tennessee.
January 20, 2021
Morgan Stanley Posts Growth in Advisors, New AssetsIts financial advisor headcount grew by 482 from a year ago and from 481 in the prior quarter to 15,950.
January 19, 2021
Merrill Sees Sharp Drop in New Clients as Asset Flows WeakenIts advisor headcount, too, is down from a year ago.
January 19, 2021
How the TD Ameritrade Deal Affected Schwab's Q4 EarningsSchwab beat estimates and RIA assets topped $3 trillion in its first quarterly report after the deal, which closed Oct. 6.
January 15, 2021
RBC Adds 2 UBS Teams With $900MThe firm welcomed a new group of advisors to its Lincoln, Nebraska branch.
January 15, 2021
Wells Fargo Wealth Unit Boosts Profits, Releases More Advisor DataNew figures released by the bank include the average level of yearly revenues (fees and commissions) per financial advisor.