Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Raymond James to Buy Deutsche Bank U.S. Private-Client Unit
By Donal Griffin, Katherine ChiglinskyThe unit has about 200 advisors with about $50 billion of client assets and $300 million of revenue.
November 30, 2015
Wirehouses Post Mixed Q3 ResultsWealth-management results announced as part of the third-quarter earnings season are fairly mixed at the wirehouses. Bank of America-Merrill Lynch, for…
November 24, 2015
Recruiting Roundup: UBS, Others Nab More Credit Suisse RepsMeanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.
November 18, 2015
Recruiting Roundup: Where Are the Credit Suisse Reps Going?Many of these advisors decline to hook up with Wells Fargo and opt instead to join rival wirehouses.
November 11, 2015
Recruiting Roundup: UBS Adds $2B Advisors as Merrill Picks Up $1B RepsMeanwhile, Morgan Stanley and Raymond James share their recruiting news, and a group breaks away to work with Dynasty.
November 11, 2015
MetLife asset manager to push into structured credit, junk bondsMetLife Investment Management or MIM is planning to bring new strategies to the market this quarter.
November 10, 2015
TD Ameritrade CEO Tomczyk to Retire; Board Taps Hockey as ReplacementTim Hockey, to become CEO in September, is the head of TD Bank Groups Canadian banking and wealth management business.
November 09, 2015
PIMCO Says Gross Lawsuit Is ‘Reputational Warfare’The fixed-income gurus former firm moves to get a suit he brought thrown out of court in California.