Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Changes
By Staff Writer? Sallie Krawchek, most recently CEO of Global Wealth Management at Citigroup, has joined Bank of America to run Global Wealth and Investment Management and...
August 26, 2009
Claymore to Be AcquiredGuggenheim Partners and Claymore Group say they have entered into a merger agreement. As part of the transaction, Claymore Group and its associated entities...
August 24, 2009
For The Petite AccountAdvisors can use a new program from a MetLife Inc. unit to keep the business of low-asset mutual fund investors.
August 06, 2009
Fund Complex To StreamlineThe boards of the funds at Transamerica Asset Management Group have agreed to realign the funds.
August 01, 2009
Vanguard's Wellington Fund CelebratesThe Vanguard Wellington Fund (VWELX), which now has about $40 billion in assets, has turned 80. "The Wellington Fund is a compelling case for the...
August 01, 2009
The High Cost of Going BankruptWho: Martha Solinger, Co-General Counsel, Lehman Brothers Holdings Where: Bombay Palace, 30 West 52nd Street, New York When: June 25, 2009 On the Menu: Chicken curry and financial...
July 28, 2009
Study: Independents sweep market share as result of crisisAs a result of the financial crisis, wirehouses will need to re-strategize in order to save what's left of their market share that's now shifting...
July 22, 2009
Morgan Stanley Posts Q2'09 Loss, SB Venture Boosts Wealth SalesThe 18,444 Morgan Stanley Smith Barney advisors had average annualized revenue of $671,000 and average client assets of $77 million in the quarter ended June 30, 2009.