Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Guggenheim Partners Lifts Out Rydex|SGI to Form $119B Asset Management Firm
By James J. GreenGuggenheim Investments will offer equity, alternatives and fixed income investing options through a range of vehicles; Rydex CEO Richard Goldman will become COO of new firm.
September 12, 2011
EuroPac’s Schiff, Goldman’s O’Neill Split on Obama Jobs PlanPredictions about the potential success of President Barack Obamas jobs stimulus plan have come flooding in as commentators consider his $447 billion American Jobs Act proposal. Equally predictable has been the polarized response.
September 08, 2011
Top Firms for 401(k) Rollovers by IRA InvestorsFidelity is the most likely firm to be chosen by investors looking for somewhere to roll their 401(k) assets to.
September 06, 2011
PIMCO Separated From AllianzGerman insurer Allianz has divided Pacific Investment Management (PIMCO) and Allianz Global Investors from its main business into a new division called Allianz Asset Management.
September 01, 2011
Ameriprise Posts Positive Q2 Earnings, No Sale Yet of Securities AmericaAmeriprise Financial said net income from continuing operations — excluding Securities America — was $313 million, or $1.25 per share, in the…
September 01, 2011
Q2 ’11 Earnings: Mixed Wirehouse Results as Wealth-Management Units Improve SalesBank of America said it had a net loss of $8.8 billion, or $0.90 per share, for the second quarter, compared with net income of $3.1 billion, or $0.27…
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.