Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Asset management boosts Manulife profit 20%
By Katia DmitrievaNet income climbed to CDN$1.3 billion ($1.2 billion), up from CDN$1.08 billion a year earlier.
February 05, 2014
Ameriprise Advisors Boost Fees 11% in 2013The company plans a new ad with Tommy Lee Jones to run during the Sochi Olympics.
February 05, 2014
New Hire Roundup: OppenheimerFunds Makes Personnel ChangesAlso in new hires, Snowden Capital Advisors adds a new vice president and controller while BrightScope has hired a new VP of data solutions.
February 04, 2014
UBS Turns Profits Around, Beats EstimatesUBS says its advisors in the Americas have yearly fees & commissions of $1 million on average.
February 03, 2014
IBDs Dominate Long-Term Mutual Fund AUMRIAs take second place, and both channels saw tremendous asset growth in long-term mutual funds and ETFs in 2013, according to Broadridge.
January 27, 2014
Legg Mason Affiliate to Pay $21 Million to DOL, SECThe firm saddled 99 ERISA-covered plans with a prohibited investment due to a coding error, hid the error and sold at a loss, DOL says.
January 24, 2014
Johnson to Pick a Fidelity Veteran to Replace O’HanleyPresident Abigail Johnson has told employees that asset management head Ronald OHanley will be replaced by an internal successor.
January 22, 2014
Raymond James Posts Strong Quarterly ResultsAdvisor fees and commissions jump 10% from last year and 6% from the prior quarter, though its number of reps stays flat.