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.
Raymond James Posts Strong Quarterly Results
By Janet LevauxAdvisor fees and commissions jump 10% from last year and 6% from the prior quarter, though its number of reps stays flat.
January 21, 2014
Breakaway Brokers Move to Focus, Raymond James, OthersIn addition to ex-wirehouse advisors, independent broker-dealers, RIAs and wealth management firms are expanding with "tuck-in" deals.
January 20, 2014
Morgan Stanley Aims for Higher Wealth Management ProfitsCEO James Gorman says its operations, which trail those of rival Merrill Lynch, should top 22% by late 2015 by selling more and keeping costs in line.
January 16, 2014
Top 3 Issues Advisors Will Face in 2014, Part 1: Robo-AdvisorsIn the coming year, we'll begin to see which robo-advisors will pull ahead of the others, and many will aim to refine their business models.
January 10, 2014
Advisors Increasingly Outsource Asset Management: TiburonAs more advisors have moved away from the broker model, TAMPs have gained steam, according to Tiburon Strategic Advisors.
December 23, 2013
Morgan, Merrill, UBS Tweak Pay Packages for 2014The markets have been good to investors this year, leading many to wonder how they will stack up in 2014. For many wirehouse reps, the big question…
December 18, 2013
New Hire Roundup: Altegris Names Jack Rivkin CIOMeanwhile, Convergent welcomed Richard Wells and the Senate Finance Committee approved three nominees for federal positions.
December 17, 2013
OppenheimerFunds Names New CEO, CIOThe money management firm will have a new chief investment officer on Jan. 1 and will name Art Steinmetz CEO on July 1.