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.
Asset management boosts Manulife profit 20%
By Katia DmitrievaNet income climbed to CDN$1.3 billion ($1.2 billion), up from CDN$1.08 billion a year earlier.
February 10, 2014
Baird Grabs Wells Fargo Team as FSC Adds Morgan Stanley RepsThe wirehouse groups join an employee-owned firm and an IBD with about $215 million and $300 million in client assets, respectively.
February 05, 2014
Ameriprise Advisors Boost Fees 11% in 2013The company plans a new ad with Tommy Lee Jones to run during the Sochi Olympics.
February 05, 2014
New Hire Roundup: OppenheimerFunds Makes Personnel ChangesAlso in new hires, Snowden Capital Advisors adds a new vice president and controller while BrightScope has hired a new VP of data solutions.
February 04, 2014
UBS Turns Profits Around, Beats EstimatesUBS says its advisors in the Americas have yearly fees & commissions of $1 million on average.
February 03, 2014
IBDs Dominate Long-Term Mutual Fund AUMRIAs take second place, and both channels saw tremendous asset growth in long-term mutual funds and ETFs in 2013, according to Broadridge.
January 27, 2014
Legg Mason Affiliate to Pay $21 Million to DOL, SECThe firm saddled 99 ERISA-covered plans with a prohibited investment due to a coding error, hid the error and sold at a loss, DOL says.
January 24, 2014
Johnson to Pick a Fidelity Veteran to Replace O’HanleyPresident Abigail Johnson has told employees that asset management head Ronald OHanley will be replaced by an internal successor.