Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Genworth Wealth Adds 4 Strategists, 8 Strategies
By Joyce HansonI 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 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.
July 02, 2012
HighTower Adds Ex-UBS Team; Baird Grabs Merrill, Morgan FAsThe former UBS team should go independent with about $330 million in assets, while the advisors joining Baird could bring about $460 million in AUM and $3.2 million in yearly fees and commissions.
June 27, 2012
SEI Testing Wealth Platform for AdvisorsSEI is running a pilot program to improve its administrative and operational platform for advisors, with a full launch planned for the first quarter of 2013.
June 21, 2012
S&P Capital IQ Signs Partnership Deal With La Francaise AMThe Global Markets Intelligence unit at S&P Capital IQ has partnered with Paris-based La Francaise AM to share global credit expertise and expand their investor-driven businesses.
June 20, 2012
Merrill Loses Four Advisors to Wells FargoThe departures come on the heels of news that BofA is selling some operations to Julius Baer and firing some U.S. Trust managers.
June 07, 2012
5 Misconceptions About Consumers and IRA RolloversThe IRA rollover market creates a massive opportunity for advisors, according to recent research from McKinsey & Co.
May 29, 2012
UK’s Prudential Names Manduca as New ChairmanPaul Manduca succeeds Harvey McGrath and will assume his new role on July 2.