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.
Schwab Survey: Conservative Outlook From Advisors, Some Bright Spots
By John SullivanWhile market and world events have caused independent investment advisors to maintain a somewhat conservative outlook, there are still a few bright spots in their forecast, according to a Charles Schwab survey of independent RIAs released Wednesday.
August 23, 2010
Columbia-RiverSource to Streamline 62 Fund OfferingsColumbia Management Group says that it has proposed 62 fund mergers as part of the sale of its long-term asset-management business to RiverSource Investments, which is owned by Ameriprise Financial.
August 11, 2010
Clearbrook Wins Away IPC Business From Troubled Jesup & LamontIndependent Portfolio Consultants (IPC) has transferred 1,400 client accounts worth over $1 billion away from troubled broker-dealer Jesup & Lamont Securities Corp. to the broker-dealer subsidiary of Clearbrook Financial.
August 06, 2010
Allianz SE Loses Profits, as PIMCO Helps Unit Double EarningsThe European insurer's North American life insurance unit says premiums were "ahead of expectations."
August 06, 2010
Allianz SE Loses Profits as PIMCO Helps Unit Double EarningsAllianz SE (AZSEY), Europe's largest insurer, said its second-quarter profits fell nearly 50%, largely due to the sale of shares in Industrial & Commercial Bank of China and a write-down in its investment in Hartford Financial Services Group Inc.
August 05, 2010
Calamos Boosts Earnings on Higher Average AssetsThe company says net outflows from Calamos' SMA accounts were in line with expectations; in the first quarter, the fund manager increased account minimums for convertible-based strategies.
August 04, 2010
Do-It-Yourself Investing: Opportunity Beckons in Online Brokerage IndustryActive investors and active traders are expected to account for more than 40% of the U.S. investor market by 2012, according to a new report released by Celent on Wednesday, August 4.
August 04, 2010
Do It Yourself Investing: Opportunity Beckons in Online Brokerage IndustryActive investors and active traders are expected to account for more than 40% of the U.S. investor market by 2012, according to a new report released by Celent on Wednesday, August 4.