Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
EuroPac’s Schiff, Goldman’s O’Neill Split on Obama Jobs Plan
By Joyce HansonPredictions 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 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.
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