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.
UBS Signals Sizable Jump in Net Profits for Q2
By Janet LevauxEstimated net asset inflows for Wealth Management Americas at $2.9 billion for its 7,000-plus advisors in Q2 2013.
July 16, 2013
Schwab Q2 Profit Drops 11%; Sales Improve 4%Asset management and administration fees experience a 15% year-over-year increase and total $572 million in the latest period.
July 15, 2013
Citigroup Beats Q2 Earnings Consensus; Joint Venture Results DisappointStrong results in equity markets and fixed income helped the bank boost results overall.
July 12, 2013
JPMorgan, Wells Fargo Beat Estimates for Q2Though positive, sales growth at the big banks didn't keep pace with profit expansion in the second quarter.
July 12, 2013
U.S. Remains Engine of Global Growth: CerulliCerulli found global assets under management are set to cross $70.4 trillion by the end of 2013, a full $20 trillion higher than the industry's low point in 2008.
July 12, 2013
Global AUM to top $70.4T by 2014The report pegs household financial assets in the U.S. at $30 trillion in 2012.
July 12, 2013
Global AUM to top $70.4T by 2014The report pegs household financial assets in the U.S. at $30 trillion in 2012.
July 11, 2013
United Capital Announces c5 Wealth Management AcquisitionUnited Capital's acquisition of Virginia-based c5 follows on the heels of its July 1 announcement that it had acquired Georgia-based PPA Advisors.