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.
Going Green With Garbage
By Bob KeaneWhen many advisors and their clients get together these days, topic number one is energy. Retirees are concerned that escalating costs for gasoline and electricity...
September 15, 2008
MERRILL TO BE SOLD TO BANK OF AMERICA (Sept. 15, 2008)Bank of America Corporation has agreed to acquire Merrill Lynch in a $50 billion all-stock transaction, a deal predicted by industry expert Chip Roame in June as part of Research magazine's 30th-anniv
September 11, 2008
Analysts: Insurers Might Want NeubergerInsurers with capital might have an interest in acquiring a large minority stake in a key Lehman Brothers Inc. asset management unit.Credit analysts and other ...
September 01, 2008
Wachovia Restructures, Taps Robert Steel as CEO/PresidentWachovia has reported a net loss in the second quarter of $8.9 billion, including a $6.1 billion non-cash goodwill impairment charge in commercial-related sub-segments. Excluding...
September 01, 2008
Brick by BrickMost registered investment advisors find new clients the old-fashioned way: referrals from satisfied customers. Word-of-mouth referrals have always worked well in this business, since would-be...
August 18, 2008
Genworth Forms Asset-Management UnitGenworth Financial Inc. has merged 2 asset-management units.Genworth, Richmond, Va., has combined AssetMark Investment Services Inc. and Genworth Financial Asset Management to form Genworth Financial ...
August 01, 2008
A useful terminology guide for LTCIQ. I want to pursue financial planners as referral sources. What key words should I be using when I talk to them, and what information would it be helpful for me to provide to show them that I am a credible resource for their referrals? A.
August 01, 2008
Morgan Stanley Shares Q2 ResultsMorgan Stanley says income from continuing operations in the second quarter ended May 31, 2008, was $1 billion compared with $2.4 billion in the second...