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.
12 Best & Worst Broker-Dealers: Q2 Earnings, 2016
By Janet LevauxLike in Q1, profits for financial firms generally moved in the same direction, with one exception.
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.
July 20, 2016
SheCapital, Robo-Advisor Aimed at Women, Shuts DownAfter nearly a year, SheCapital, led by Tina Powell of Beacon Wealth, didn't achieve the activity it needed to stay afloat.