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.
Baird, Morgan Stanley, UBS Lure Advisors From Rivals
By Janet LevauxBaird picks up wirehouse reps with $2.3 million in production, UBS recruits a $1.1 million ex-Morgan Stanley producer, and Morgan Stanley grabs a $2 million rep.
July 29, 2013
Wells Fargo Adds 34 Teams, $5.4B to Independent ChannelRecent groups have come on board from rivals like Morgan Stanley, Merrill Lynch and UBS.
July 25, 2013
Ameriprise Lifts Profits 44% on Strong Wealth ResultsFlows of client assets into advisor wrap programs were $3.1 billion in Q2, down from $4.1 billion in Q1.
July 25, 2013
UBS Signals Sizable Jump in Net Profits for Q2Estimated net asset inflows for Wealth Management Americas at $2.9 billion for its 7,000-plus advisors in Q2 2013.
July 22, 2013
Top 10 Global Private BanksHere are the 10 private banks with the top AUM, according to the 2013 Scorpio Partnership Global Private Banking Benchmark report.
July 18, 2013
Morgan Stanley Reports 42% Jump in Q2 Net IncomeIts 16,300 advisors have yearly production of $866,000 on average.
July 16, 2013
Schwab Q2 Profit Drops 11%; Sales Improve 4%Asset management and administration fees experience a 15% year-over-year increase and total $572 million in the latest period.
July 15, 2013
Citigroup Beats Q2 Earnings Consensus; Joint Venture Results DisappointStrong results in equity markets and fixed income helped the bank boost results overall.