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.
BofA Posts Loss; Wealth Group Profit Slows: Q1 Earnings
By Janet LevauxThe banks earnings are hit by mortgage issues, and advisor-related net income drops from the fourth quarter.
April 14, 2014
TIAA-CREF to buy Nuveen InvestmentsThe $6.25 billion price includes $4.56 billion in outstanding debt.
April 14, 2014
Most high-performing advisors have succession planSixty-three percent of high-performing advisors have formal career goals, according to the research.
April 11, 2014
Wells Fargo Wealth Unit Raises Profits 41%: Q1 EarningsCEO John Stumpf points to possible expansion as the group's growth plans are discussed with analysts.
April 10, 2014
Sterne Agee to Buy WRP, Add 350 RepsThe deal could add some $600 million in assets to the Birmingham, Ala.-based firm, which is privately held.
April 10, 2014
Robo-Advisors Gobbling Billions in AssetsThe rise of online financial services fits into a "long-term, bigger problem" for advisors, who must adjust to serving younger clients, Corporate Insight says.
March 14, 2014
AIG adds BlackRock’s Fisher to boardPeter Fisher joins the board of directors as the AIG prepares for increased federal oversight.
March 10, 2014
Raymond James Grabs $4.2M Advisors; Morgan Stanley Adds $4.5M TeamsFocus Financial and Advisor Center also share the names of independent advisors they've helped switch affiliation.