Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Global Managed Assets Return to 2007 Levels, Cerulli Finds
By John SullivanIt's taken nearly two years, but global assets under management are back to where they were in 2007, with total AUM reaching $53 trillion at the end of 2010, according to Cerulli Associates.
June 21, 2011
Bank of America to Double Size of Merrill Edge Advisor GroupThe mass-affluent group should have 1,000 advisors by year-end
June 09, 2011
Morgan Stanley to Fire More Advisors Who UnderperformedThe layoff news comes just three months after a few hundred low-producing FAs were cut from Morgan Stanley Smith Barney.
June 01, 2011
Wirehouse Firms Share First-Quarter ResultsMorgan Stanley reported adjusted first-quarter net income of $966 million, or $0.50 per share, compared with income of $1.8 billion, or $1.03 per share,…
June 01, 2011
LPL Posts Strong First-Quarter ProfitsLPL Financial reported first-quarter 2011 profits of $49.0 million, 91.7 percent higher than the $25.6 million in profits it reported a year ago. In addition,…
June 01, 2011
Waste Disposal Gets ETFWant to add some garbage to your clients’ portfolios? A new ETF called the Global X Waste Management ETF (WSTE) invests in companies involved in…
June 01, 2011
Robert Jenkins to Lead FRCA former Fidelity Investments executive is taking over as president of Financial Research Corp.
June 01, 2011
Robert Jenkins to Lead FRCA former Fidelity Investments executive is taking over as president of Financial Research Corp.