Investment Platforms
Get the latest news and insights on investment platforms (including digital, mobile and online platforms), and how these developments impact financial advisors, the wealth management industry and more.
Morgan Stanley CEO Goes Hunting Again With $7B Eaton Vance Deal
By Sridhar NatarajanJames Gorman's two latest mega-deals are the largest carried out by any of the big banks in Wall Street's post-crisis reincarnation.
October 02, 2020
Here's the Firm Buying Stakes in Invesco and Janus HendersonNelson Peltz's investment firm, Trian, reportedly wants to merge the two companies to rival giant asset managers like BlackRock.
October 02, 2020
Raymond James Adds $678M Bank AdvisorsThe four registered reps joined Pinnacle Financial Partners from Wells Fargo and other firms.
October 01, 2020
Focus Financial Buying $1.6B Ohio-Based RIAThis is the firm's fifth "partner" deal so far this year and its 15th transaction of 2020.
September 25, 2020
Raymond James Reports Big Jumps in Fee-Based Assets, CashThe results were reported a week after the firm announced layoffs of 500 staffers.
September 14, 2020
Asset Management Firm, Exec Accused of 'Cherry-Picking' TradesSchwab kicked them off the platform for favoring certain accounts, the SEC says.
September 04, 2020
$1.4B Merrill Team Jumps to RBC WealthThe firm says it has recruited wirehouse and other reps with about $20 billion in assets so far this year.
September 01, 2020
Jean Hynes Named Next Wellington CEOThe head of the Vanguard Health Care Fund will continue leading the portfolio after taking the executive reins from Brendan Swords next summer.