Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Merrill’s New Comp Plan Pushes Reps to Drop Small Clients
By Janet LevauxEnhanced payouts will be offered to reps who bring in new high-net-worth households as smaller clients will be directed to Merrill Edge.
November 24, 2014
Wirehouses Post Q3’14 ResultsBank of America's Global Wealth and Investment Management unit, which includes Merrill Lynch and U.S. Trust, reported net income of $813 million vs. $720…
November 21, 2014
Securian to buy $16.4 billion asset manager from Stone PointAsset Allocation and Management manages portfolios for insurance companies.
November 21, 2014
Money Rolls In for the Money ManagersWe can point to at least three trends that are helping to push assets under management and revenue to records, Barry Ritholtz says.
November 13, 2014
New Hire Roundup: SIFMA Elects New Board OfficersMeanwhile, global law firm Ropes & Gray announced that Debra Lussier has been promoted to a partner in the firms private investment funds practice
November 04, 2014
What Low Oil Prices Mean for MLPsHow likely is it that MLPs will recover (and even outperform) after weakening tied to falling energy prices?
October 28, 2014
Ameriprise Beats Q3 Estimates, Posts Strong Wealth ResultsThe average yearly production level for its advisors is $483,000, up 13% from last year.