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 Earnings Beats Estimates, but Advisors’ Sales Slow
By Janet LevauxAs bank sees plunge in profits from last year's Q3, the number of Merrill Lynch advisors drops by one from the previous quarter to 17,533.
October 11, 2012
PIMCO’s Total Return ETF Races to Record $3 Billion in AssetsThe fund run by legendary bond manager Bill Gross is among the 10 top-selling ETFs this year.
October 09, 2012
Julius Baer May Cut 1,000 Jobs After Merrill AcquisitionThe bank seeks to reduce its workforce by 15%18%, now that it has a combined staff of some 5,700 in the wake of its acquisition of Bank of America-Merrill Lynchs former U.S. wealth management units.
October 04, 2012
Top 10 Biggest ETF SponsorsAs the Morningstar ETF Invest conference rolled along, a Cerulli report listed the biggest ETFs and also showed that new entrants into the market had a tough slog.
October 02, 2012
LPL Grabs Firm With 15 Advisors, $750M in AssetsWashington Wealth Management, an independent hybrid RIA based in San Diego, announced Tuesday that it was affiliating with LPL Financial.
September 25, 2012
Recruiting Activity Gathering Steam As FAs Embrace Wide Range of OptionsMany brokers continued to move between the wirehouses in the late summer and early fall.
September 22, 2012
Live, love, laugh, leave a legacyStephen Covey, a pioneer of success literature, passes on.
September 22, 2012
Live, love, laugh, leave a legacyStephen Covey, a pioneer of success literature, passes on.