Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
PIMCO Separated From Allianz
By Marlene Y. SatterGerman insurer Allianz has divided Pacific Investment Management (PIMCO) and Allianz Global Investors from its main business into a new division called Allianz Asset Management.
August 31, 2011
On Labor Day, a Look at the State of the Advisor Job Market—SlideshowA look at the latest news surrounding job prospects, recruiting trends and M&A activity for wirehouse brokers, RIAs and every other advisor in between.
August 24, 2011
Advisory M&A Activity Drops in Q2, Even as Deals Get BiggerWhile M&A activity in the advisory industry fell slightly in Q2, the deals were larger and total assets exchanged increased to $8.5 billion from $6 billion in the first quarter, according to Pershing Advisor Solutions Real Deals Quarterly Update, produced in partnership with FA Insight.
August 16, 2011
Commonwealth Launches Model Management SystemCommonwealth Financial Network announced the launch of Commonwealth Model Management Tuesday, a trading platform for 'systematic managing and rebalancing of client portfolios.'
August 11, 2011
UBS Picks Up 11 Advisors With $1.2 Billion in AssetsTen of UBS' new financial advisors come from Morgan Stanley and Wells Fargo.
August 08, 2011
Envestnet to Acquire TAMP FundQuest for $24 MillionEnvestnet–which has built on its TAMP legacy–will use cash to acquire BNP Paribas' U.S. TAMP provider
August 05, 2011
Wirehouse Q2 Earnings Analysis: UBS Outpacing RivalsThe Americas operations of UBS are ahead of all the wirehouses in new assets and net new money per advisor.
August 04, 2011
New Hire Roundup: BofA's Krawcheck Elected as FINRA Board MemberSallie Krawcheck, president of Global Wealth & Investment Management for Bank of America, was elected as large-firm governor for FINRA, while Jack Brennan of Vanguard was elected as FINRA's lead governor.