Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Silicon Valley Bank Buys Boston Private for $900M
By Janet LevauxThe deal adds $16.3 billion in wealth management and private banking assets to the Northern California firm.
December 14, 2020
UBS Sues 6 Advisors Who Jumped to Morgan StanleyThe reps, who worked with nearly $1.8 billion of assets, are accused of "immediately soliciting clients" and asking them to switch firms.
December 13, 2020
State Street, UBS in Discussions About Merging Asset Management Units: ReportThe talks started this year, and the two parties were near an agreement this summer, sources told The Wall Street Journal.
December 09, 2020
Fidelity Digital Assets Enables Bitcoin as CollateralIt will provide custody services for Bitcoin pledged on loans financed by BlockFi.
December 08, 2020
Wells Fargo Facing 'Uphill Fight' Over Fed's Growth CapInvestors are optimistic the cap will be lifted soon. Regulators, and the bank itself, are more cautious.
December 03, 2020
The Rich Are Getting Richer, and That's Good for Advisors: CerulliThe number of high-net-worth households is increasing, and that group controls more than 43% of U.S. investable assets, Cerulli reports.
December 02, 2020
LPL Set to Buy Waddell & Reed's Wealth Unit for $300MThe deal should take place after Australia-based Macquarie Group acquires all of Waddell & Reed's operations for $1.7 billion.
December 01, 2020
Focus Financial Adds $682M Kansas RIAKavar Capital Partners is the seventh partner firm to join Focus year to date, says Rudy Adolf, head of the RIA aggregator.