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.
Six-Word Strategy: Catching Up with Jeff Montgomery
By John SullivanJust so were clear, AFAM stands for Al Frank Asset Management.
December 20, 2011
Raymond James Adds $425M-plus FAs From Merrill, UBS and Morgan StanleySeven advisors with more than $425 million in assets joined the employee channel of Raymond James in Virginia and Florida.
December 16, 2011
RIAs With $410M in AUM to Custody With Raymond JamesFour firms, including an ex-Ameriprise affiliate, join Raymond James' RIA division with combined assets of $410 million.
December 13, 2011
Envestnet Closes on Acquisition of FundQuestEnvestnet, headed by Judd Bergman, pays $24 million for FundQuest; $8 billion added to Envestnet platform. FundQuest CIO Clift to become chief investment strategist at Envestnet|PMC.
December 07, 2011
Whatever Happened to Gold?As events in Europe have roiled the U.S. markets over the last month, one usually precious element of the market talk has been missing: gold.
December 01, 2011
Cogent Research: Elite Group of Advisors Driving 401(k) BusinessWhile just over half of the estimated 315,000 retail investment advisors in the United States currently support at least one 401(k) plan, only 7% of advisors are heavy plan producers with $25 million or more in 401(k) assets under management, according to a new report.
November 23, 2011
Most Earnings Top Estimates on Mixed Advisor-Headcount NewsBank of America reported net income of $6.2 billion, or $0.56 per share, for the third quarter vs. a net loss of $7.3 billion, or $0.77 per share, last year topping analysts estimates by a wide margin. Revenue, net of interest expense (and calculated on a fully taxable-equivalent basis)...
November 21, 2011
U.S., U.K. Pensions Fail to Manage Risk Well: StudyThey say acknowledging that you have a problem is half the battle, but corporate pensions in the United States and the United Kingdom appear to be losing.