Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Pfizer beats out Sanofi to take Medivation for $14 billion
By Cynthia Koons and Caroline ChenThe deal includes experimental drugs for breast cancer and lymphoma.
August 09, 2016
Stifel’s Profits Crash in Q2 Despite Wealth Growth; Ladenburg Results WeakenStifel Financial is getting rid of the indie reps it bought from Sterne Agee, but holding on to the ex-Barclays reps.
July 29, 2016
How to Comply — and Why — With SEC Rules on Regulatory AUMWhether you call yourself a financial planner or investment manager, pay close attention to the SECs instructions (and enforcement actions) on counting regulatory AUM.
July 28, 2016
LPL Beats Earnings Estimates as Profits Fall 5%Revenue dropped about 7% year over year in the second quarter of 2016.
July 28, 2016
Ameriprise Misses Q2 Estimates, Cites Market TurmoilThe firm cited increased volatility, lower average equity markets and persistently low interest rates for a 19% profit drop.
July 20, 2016
Raymond James Tops Estimates, Reports Strong Revenue: Q2 EarningsPlus, the Private Client Group's fee-based business is growing 11% year over year, according to CEO Paul Reilly.
July 20, 2016
Morgan Stanley Profits Drop 14%: Q2 EarningsThe wealth group had pretax earnings of $859 million, down 3% from a year ago.
July 20, 2016
PIMCO Names Man Group’s Chief Emmanuel Roman as Its New CEORoman to replace Douglas Hodge, who succeeded Mohamed El-Erian in 2014, as asset manager moves to diversify beyond fixed income focus.