Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Merrill Loses Four Advisors to Wells Fargo
By Janet LevauxThe departures come on the heels of news that BofA is selling some operations to Julius Baer and firing some U.S. Trust managers.
May 24, 2012
LPL Financial Boosts FAs, SalesLPL Financial said its first-quarter net income was $41.2 million, or $0.37 per share, down $7.8 million compared with net income of $49.0 million, or $0.43 per share, from a year earlier.
May 24, 2012
Major Firms See Assets, Fees Rise in Q1 ‘12 But Post Mixed Results for FA HeadcountsFor the first quarter, Bank of America said the total number of financial advisors rose to 17,512 from 17,308 in the prior quarter and 15,797 in the year-ago…
May 23, 2012
Morgan Stanley Adds Reps From UBS, Credit SuisseA UBS team joins with about $1.3 million in production; an ex-Credit Suisse advisor comes on board with roughly $1.6 million of trailing 12.
May 17, 2012
3 Steps for Adequately Insuring HNW Clients’ Art CollectionsDont scream if your high-net-worth clients' fine art collections are underinsured; manage and maintain coverage by following these steps.
May 16, 2012
Morgan Stanley Grabs Merrill, UBS Reps; Raymond James Snags MSSB TeamMeanwhile, Wells Fargo adds advisors from Edward Jones, Merrill Lynch and other firms, and Barclays recruits several advisors from Deutsche Bank and Merrill.
May 14, 2012
London Whale Steers Clear of J.P. Morgan Asset ManagementTrader Bruno Iksils losses dont appear to have hurt the fund business at J.P. Morgan Asset Management.
May 14, 2012
The Proper Path to Integrated Wealth Management, Pt. 1: TrustsThe value of trusts to the high-net-worth client, and how to structure and monitor trusts, in particular, of GRATs.