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.
Betterment for Advisors Now Lets Advisors Choose the Investments
By Bernice Napach"We're coming for Schwab and Fidelity, though we're obviously much smaller," General Manager Jon Mauney says.
January 27, 2021
High Trading Volume in GameStop, AMC Blamed as Platforms CrashInvestors reported problems Wednesday with E-Trade, Fidelity, Merrill, Schwab, thinkorswim and Vanguard. Robinhood had a crypto problem.
January 27, 2021
Focus Financial and Orion Form Joint VentureThe move is "about tying banking to advisors, and it's long overdue," said Joel Bruckenstein, head of Technology Tools for Today.
January 25, 2021
CI Financial Buying $23B Chicago RIAIt's the largest U.S. deal ever in terms of assets for the Canadian firm and its 14th since last year.
January 25, 2021
Schwab, Fidelity, E-Trade, Others Face Trading Platform GlitchesBrokers and investors complained about login and trading issues with E-Trade, Fidelity, Merrill, Robinhood, Schwab, thinkorswim and Vanguard.
January 22, 2021
Raymond James Adds $1.2B Bank Team From LPLThe firm is bringing on 17 advisors and 10 staff members from FirstBank's investment program in Tennessee.
January 20, 2021
Morgan Stanley Posts Growth in Advisors, New AssetsIts financial advisor headcount grew by 482 from a year ago and from 481 in the prior quarter to 15,950.
January 19, 2021
Merrill Sees Sharp Drop in New Clients as Asset Flows WeakenIts advisor headcount, too, is down from a year ago.