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.
How the TD Ameritrade Deal Affected Schwab's Q4 Earnings
By Janet LevauxSchwab beat estimates and RIA assets topped $3 trillion in its first quarterly report after the deal, which closed Oct. 6.
January 12, 2021
Ex-Vanguard CEO McNabb, Ron Carson Invest in AltruistWilliam McNabb will also join the board of the digital brokerage platform.
January 11, 2021
Mercer Acquires $815M RIA Led by Judith McGeeNews of the deal comes only four days after Mercer said it bought Atlanta Financial Associates.
January 08, 2021
Janney Drawing Steady Stream of Wirehouse RecruitsThe firm recruited 43 advisors and nearly $4 billion in assets to its Private Client Group in 2020.
January 06, 2021
Tech Problems on Merrill, Thinkorswim Trading Platforms Tick Off InvestorsThinkorswim reported "longer than normal wait times" and an issue with "charts not loading."
January 05, 2021
Silicon Valley Bank Buys Boston Private for $900MThe deal adds $16.3 billion in wealth management and private banking assets to the Northern California firm.
January 04, 2021
Hightower Makes Its Biggest Acquisition EverThe purchase of the $8 billion firm, based in Los Angeles, "is a heck of a way to start off the new year," Hightower CEO Bob Oros tells ThinkAdvisor.
December 28, 2020
Ark CEO Cathie Wood Wins Battle for ControlArk Investment Management has reached agreements with minority shareholder Resolute Investment Managers.