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.
Recruiting Roundup: Wells Fargo Nabs $1B UBS Group
By Marlene Y. SatterRaymond James adds Wells & Oppenheimer reps to employee channel, LPL advisor to its indie group.
December 03, 2015
Raymond James to buy Deutsche Bank U.S. private client unitRaymond James Chief Executive Officer Paul Reilly has been boosting the firms growth through acquisitions.
December 02, 2015
Merrill: Climate Change Could Cause 'Unprecedented Damage to Financial Stability'It's not just politicians and climate scientists sounding the alarm about climate change. Even the big banks are calling for action to reduce carbon emissions.
November 30, 2015
LPL, Raymond James & Ameriprise Report EarningsLPL Financial says it had net income of $41.1 million, or $0.43 per share, in the third quarter vs. $33.3 million, or $0.33 per share, a year ago. On an…
November 30, 2015
Wirehouses Post Mixed Q3 ResultsWealth-management results announced as part of the third-quarter earnings season are fairly mixed at the wirehouses. Bank of America-Merrill Lynch, for…
November 30, 2015
Can Robo-Advisors Really Be Fiduciaries?Can robo-advisors "be neatly placed within our existing laws," SEC Commissioner Kara Stein asks, "or do we need certain tweaks and revisions?"
November 24, 2015
Recruiting Roundup: UBS, Others Nab More Credit Suisse RepsMeanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.
November 18, 2015
Recruiting Roundup: Where Are the Credit Suisse Reps Going?Many of these advisors decline to hook up with Wells Fargo and opt instead to join rival wirehouses.