Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
May 06, 2015
Morgan Stanley, Raymond James Recruit Big Teams From RivalsIn addition, Cetera Advisors says it is now providing services to a large group that advises pro athletes.
May 05, 2015
UBS Is Having Its Best Day in YearsProfit doubled last quarter for the Swiss bank, and wealth-management Americas' earnings rose close to 5%.
May 01, 2015
HNWs Worry About Unintended Consequences of a Big InheritanceMany wealthy people worry that too large an inheritance will discourage family members from reaching their full potential, a Merrill study finds.
May 01, 2015
AIG weighs too-big-to-fail off-ramp taken by GE, Hancock saysAIG CEO Peter Hancock says the insurer has undertaken measures to align company risk with regulators goals.
April 22, 2015
Ameriprise Earnings Disappoint but Assets Under Management GrowAdvisor fees and commissions at Ameriprise rose 11% to $505,000 per capita.
April 14, 2015
Wells Fargo Sees Q1 Profit Drop on Weaker Bank ResultsMeanwhile, wealth and brokerage operations boost net income 18% in the period.
April 13, 2015
Focus Adds Wealth Group in Canada; United Capital Picks Up 2 FirmsEach firm acquires groups of advisors with more than $600 million in client assets.
April 03, 2015
Merrill Adds Janney Advisor, Ameriprise Picks Up 3 RepsThe advisors come on board the two firms in Pennsylvania, Texas, Florida and New York.
April 01, 2015
Bill Gross Blasts ‘Hostile’ Investing Climate, Says ‘New Neutral’ Rate Now ZeroThe Janus manager argues that the investing environment is so inhospitable that he is reduced to trading more than owning bonds to deliver shareholder return.
March 31, 2015
SSgA Taps Former Fidelity Exec O’Hanley as New President, CEONew State Street Global Advisors head OHanley also spent 13 years in leadership positions at Mellon Bank and Bank of New York Mellon.