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 Gets Approval To Buy Rest of Smith Barney
By Janet LevauxMorgan Stanley has the government’s thumbs-up to buy the final 35% stake in its Morgan Stanley Smith Barney joint venture from Citigroup.“This…
July 25, 2013
UBS Signals Sizable Jump in Net Profits for Q2Estimated net asset inflows for Wealth Management Americas at $2.9 billion for its 7,000-plus advisors in Q2 2013.
July 22, 2013
Top 10 Global Private BanksHere are the 10 private banks with the top AUM, according to the 2013 Scorpio Partnership Global Private Banking Benchmark report.
July 18, 2013
Morgan Stanley Reports 42% Jump in Q2 Net IncomeIts 16,300 advisors have yearly production of $866,000 on average.
July 16, 2013
Schwab Q2 Profit Drops 11%; Sales Improve 4%Asset management and administration fees experience a 15% year-over-year increase and total $572 million in the latest period.
July 15, 2013
Citigroup Beats Q2 Earnings Consensus; Joint Venture Results DisappointStrong results in equity markets and fixed income helped the bank boost results overall.
July 12, 2013
JPMorgan, Wells Fargo Beat Estimates for Q2Though positive, sales growth at the big banks didn't keep pace with profit expansion in the second quarter.
July 12, 2013
U.S. Remains Engine of Global Growth: CerulliCerulli found global assets under management are set to cross $70.4 trillion by the end of 2013, a full $20 trillion higher than the industry's low point in 2008.