Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Swiss Bank Baer Seen Close to Deal for Merrill Non-U.S. Wealth Units
By Marlene Y. SatterSwiss money manager Julius Baer Group was reported to be close to a deal to buy the units that could be announced as early as Monday.
August 01, 2012
Mercer Brings Its Research to Focus FinancialThe deal allows Focus Financials partner firms to tap the expertise of Mercer, one of the worlds largest investment and human resources consulting firms.
July 25, 2012
ByAllAccounts: Most Advisors Base Client Selection on Investable AssetsThe report reveals that 85% of advisors use investable assets to select prospective clients. Far fewer advisors base their selection according to the prospects life stage or geographic location (40%), occupation (20%) or age (18%).
July 25, 2012
ByAllAccounts: Most Advisors Base Client Selection on Investable AssetsThe report reveals that 85% of advisors use investable assets to select prospective clients. Far fewer advisors base their selection according to the prospects life stage or geographic location (40%), occupation (20%) or age (18%).
July 20, 2012
Genworth Wealth Adds 4 Strategists, 8 StrategiesI call it the happy meal, says Genworth Wealth Management President and CEO Gurinder Ahluwalia of the firm's simplified menu of portfolio strategies for indie advisors.
July 19, 2012
Morgan Stanley Profit Off 53% as MSSB Loses 1,053 AdvisorsThe Global Wealth Management Group, which includes the MSSB joint venture, reported a pretax profit margin of 12%, versus 11% in the prior quarter and 9% a year ago.
July 17, 2012
TD Ameritrade Q3 Earnings Fall, but Net New Client Assets Up 23%Pete Dorsey, managing director of TDAI, says the unit is on track to add a record number of breakaway brokers, with 324 added in the fiscal year to date.
July 11, 2012
LPL Adds Strategies to Growing Fee-Based Models Platform, Lowers MinimumsNew strategies added to the platform include offerings from AlphaSimplex, J.P. Morgan Asset Management and Morningstar. LPL will also lower the account minimum to $25,000 from $100,000, Vice President John Moninger said.