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.
TD Ameritrade Q3 Earnings Fall, but Net New Client Assets Up 23%
By James J. GreenPete Dorsey, managing director of TDAI, says the unit is on track to add a record number of breakaway brokers, with 324 added in the fiscal year to date.
July 02, 2012
HighTower Adds Ex-UBS Team; Baird Grabs Merrill, Morgan FAsThe former UBS team should go independent with about $330 million in assets, while the advisors joining Baird could bring about $460 million in AUM and $3.2 million in yearly fees and commissions.
June 27, 2012
SEI Testing Wealth Platform for AdvisorsSEI is running a pilot program to improve its administrative and operational platform for advisors, with a full launch planned for the first quarter of 2013.
June 21, 2012
S&P Capital IQ Signs Partnership Deal With La Francaise AMThe Global Markets Intelligence unit at S&P Capital IQ has partnered with Paris-based La Francaise AM to share global credit expertise and expand their investor-driven businesses.
June 20, 2012
Merrill Loses Four Advisors to Wells FargoThe departures come on the heels of news that BofA is selling some operations to Julius Baer and firing some U.S. Trust managers.
June 11, 2012
Swanson of MFS Sees ‘Garden-Variety Recession’ in EuropeThanks to a number of factors, including world profit margins on the rise and an expansion in the U.S., James Swanson of MFS Investment Management says the next six months present not a terribly bearish story.
June 07, 2012
5 Misconceptions About Consumers and IRA RolloversThe IRA rollover market creates a massive opportunity for advisors, according to recent research from McKinsey & Co.
May 29, 2012
UK’s Prudential Names Manduca as New ChairmanPaul Manduca succeeds Harvey McGrath and will assume his new role on July 2.