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.
Cogent Research: Elite Group of Advisors Driving 401(k) Business
By Warren S. HerschWhile just over half of the estimated 315,000 retail investment advisors in the United States currently support at least one 401(k) plan, only 7% of advisors are heavy plan producers with $25 million or more in 401(k) assets under management, according to a new report.
November 18, 2011
Asset Management Will Face Greater Headwinds in 2012: McKinsey ReportThe U.S. asset management industrys apparent resilience has temporarily masked serious challenges related to costs, productivity and growth, according to a report by McKinsey & Co.
November 11, 2011
One Man’s Quest to Find an Indie RIA BuyerWhen Harry Rady flew to New York from San Diego recently, he was on a mission: to find an independent RIA that would buy him out.
November 11, 2011
Advisors Crave More Control Over Asset Management: Aite'Clearly, advisors crave more control in the asset-management process,' says the Aite Group's report, 'Managing Wealth: Advisor Perspectives on Investment Products and Fee Business.'
November 09, 2011
J.P. Morgan Asset Management Rethinks DC PlansIn a foray into the retirement marketplace, J.P. Morgan Asset Management has developed three core menus the let DC plan participants engage more actively with their plans.
November 04, 2011
Morgan Stanley Adds 3 Advisors From UBS With Nearly $1 BillionMorgan Stanley said Thursday it had recruited three UBS advisors in New Jersey and Georgia with nearly $1 billion in assets and more than $8 million in yearly fees and commissions.
October 31, 2011
BofA-Merrill Strikes Back, Snags Credit Suisse, Wells Advisors With $1.5BAfter losing a $1 billion team to Morgan Stanley, Merrill acts, then also hires 27 advisors for Merrill Edge.
October 31, 2011
European Bank Recapitalization Unimpressive: AnalystsEuropean banks seeking to recapitalize and meet new goals set for them by regulators are seeking to do so largely through internal actions than by raising outside funding from investors, and analysts are not impressed by the method.