Fidelity Investments Public Service Sector Services Company announced that it has introduced SLAMNet, the first electronic asset management, Internet-based product designed specifically for public sector clients. SLAMNet gets its name from Fidelity's acronym for its State and Local Asset Management program. Through a secured website, the company offers access to stock quotes and information from major news services and trade publications. It also gives users the ability to trade Fidelity's institutional money market funds online.
-
Along with bringing in new households and assets, the Bank of America wealth management units are turning to loans, alternative assets and other offerings to do more with existing clients.
9m ago -
The largest wirehouse also reported a record quarter for wealth management revenues built on strong asset inflows in the third quarter.
2h ago -
Allowing artificial intelligence to make investment management decisions poses an organizational threat, according to the majority of advisors in Financial Planning's AI Readiness Survey.
October 14 -
Also remarkable: the size of the teams that are leaving and the types of firms benefiting from the defections, a new report from Diamond Consultants finds.
October 14 -
After a steep decline last quarter, Citi's wealth division rebounded in the third quarter with a record level of net new investment assets.
October 14 -
The fact that many financial advisors say they do not provide tax planning belies how much value they may add through that service, according to an expert.
October 14