Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
HighTower to Buy $6.4B RIA Aggregator WealthTrust
By Janet LevauxThe larger advisor rollup firm says it added a $75 million credit facility to fund its largest deal to date.
March 06, 2017
Deutsche Bank Turnaround Plan Gets Mixed Investor ReviewShares drop on news of $8.5 billion stock offering and job cuts; key investor said to be undecided about participating in sale.
March 03, 2017
The asset-management pressure cookerAsset managers need to rethink how they're going to continue being profitable while cutting fees.
February 28, 2017
The Problem With Client ‘Satisfaction’ and ‘Engagement’When assessing how satisfied or engaged another person (or client) is in a relationship, that persons actions, not words, say it all.
February 27, 2017
11 Best & Worst Broker-Dealers: Q4 Earnings, 2016Earnings growth in the financial sector has been robust so far, according to LPLs CIO Burt White.
February 17, 2017
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
February 13, 2017
Growing RIA Grabs $160M Group in SoCalMercer Advisors says this is its sixth deal over the past 12 months; it has $9.6 billion in client assets.
February 10, 2017
LPL CEO Says No Way on Pure RIAThe IBD discusses strategy and the impact of recent high-profile departures during its Q4 earnings call.