Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
Ameriprise, Others Eyeing Wells Fargo Asset Management
By Matthew Monks and Kiel PorterThe asset management division could fetch more than $3 billion, people familiar with the matter said.
December 09, 2020
Fidelity Digital Assets Enables Bitcoin as CollateralIt will provide custody services for Bitcoin pledged on loans financed by BlockFi.
December 08, 2020
Wells Fargo Facing 'Uphill Fight' Over Fed's Growth CapInvestors are optimistic the cap will be lifted soon. Regulators, and the bank itself, are more cautious.
December 03, 2020
The Rich Are Getting Richer, and That's Good for Advisors: CerulliThe number of high-net-worth households is increasing, and that group controls more than 43% of U.S. investable assets, Cerulli reports.
December 02, 2020
LPL Set to Buy Waddell & Reed's Wealth Unit for $300MThe deal should take place after Australia-based Macquarie Group acquires all of Waddell & Reed's operations for $1.7 billion.
December 01, 2020
Focus Financial Adds $682M Kansas RIAKavar Capital Partners is the seventh partner firm to join Focus year to date, says Rudy Adolf, head of the RIA aggregator.
November 30, 2020
Fidelity Plans to Merge 3 Funds, as Assets Hit $3.5TOne planned fund merger affects the flagship Magellan fund; meanwhile, the number of new RIA client accounts grew 164% from last year.
November 24, 2020
CI Financial Strikes 10th U.S. Wealth Deal of the YearThe Toronto-based firm is acquiring a majority stake in Dallas-based RGT Wealth Advisors.