Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Morgan Stanley Names New Head of Private Wealth
By Janet LevauxEric Benedict will now lead more than 350 advisors serving ultra-high-net-worth clients.
May 06, 2014
UBS Profits Rise 7% on Strong Wealth Results: Q1 EarningsUBS advisors in the Americas have average yearly fees and commissions of $1.04 million.
May 05, 2014
Funded Ratio of U.S. Pension Plans Eroded Further in AprilMercer reported Monday that the funding levels of pension plans sponsored by S&P 1500 companies fell by 1% in April to 84%.
April 29, 2014
Ameriprise Wealth Unit Boost Profits 39%: Q1 EarningsAverage fees and commissions per advisor top $450,000, up 15% from a year ago.
April 28, 2014
TIAA-CREF to Buy NuveenTIAA-CREF has announced plans to acquire Nuveen Investments for $6.25 billion, including debt. TIAA-CREF believes the acquisition “significantly…
April 16, 2014
BofA Posts Loss; Wealth Group Profit Slows: Q1 EarningsThe banks earnings are hit by mortgage issues, and advisor-related net income drops from the fourth quarter.
April 15, 2014
Schwab Boosts Profits 58%: Q1 EarningsPlus, Schwab Advisor Services' net new client assets grew 9% year over year.
April 14, 2014
TIAA-CREF to buy Nuveen InvestmentsThe $6.25 billion price includes $4.56 billion in outstanding debt.