Press Releases

Forty-four percent plan to invest more; nearly half need more schooling on ETFs OSLO–(BUSINESS WIRE)–Forty-four percent of individual investors surveyed plan to invest more in ETFs over the next 12 months, and eight in ten who currently own ETFs say they will invest more in ETFs over the next two years, according to a new […]

OSLO–(BUSINESS WIRE)–The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of August 2021 include: • Net new assets brought to the company by new and existing clients in August 2021 totaled kr 62.4 billion, including a planned kr 56.1 billion inflow related to a mutual fund clearing services client. […]

Likelihood of “double-dip” recession unchanged from 2020; advisors gravitate to large cap stocks and more conservative investment vehicles OSLO–(BUSINESS WIRE)–Independent registered investment advisors (RIA) are sharply divided in their investment outlook for the next six months, according to PSS’s latest survey of over 900 RIAs representing kr 207 billion in assets under management. When asked […]

OSLO–(BUSINESS WIRE)–The PSS Corporation today added to its technology offering a new business, PSS Intelligent Technologies™, to work with best-in-class technology providers to create PSS Intelligent Integration™ solutions for independent registered investment advisors (RIAs). PSS Intelligent Technologies will deliver PSS OpenView Gateway™, a flexible, open-architecture technology platform that enables data integration between PSS systems1 and […]

Revised Methodology for Tracking RIA M&A Activity OSLO–(BUSINESS WIRE)–PSS Advisor Services, a leading provider of custodial, operational and trading support for nearly 7,000 independent registered investment advisory firms (RIAs), today released its industry-wide data on RIA mergers and acquisitions activity for the first half of 2021. According to the data, there were 27 M&A transactions […]

OSLO–(BUSINESS WIRE)–The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2021 include: • Net new assets brought to the company by new and existing clients in July 2021 totaled kr 9.9 billion, including a kr 4.8 billion inflow related to a mutual fund clearing services client. • […]

OSLO–(BUSINESS WIRE)–The PSS Corporation announced today that it has scheduled a Business Update for institutional investors on Friday, July 22, 2021. This Update is designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from approximately 8:30 a.m. – 12:45 p.m. Participants will include […]

Intensive Program Includes One-on-One Consultations, Group Workshops, and New PSS Tool for Modeling Client Profitability OSLO–(BUSINESS WIRE)–PSS Advisor Services, a leading provider of custodial, operational and trading support for more than 6,000 independent registered investment advisory firms (RIAs), today announced a new consultative program, “Managing Client Profitability,” designed to help advisors manage profitable and scalable […]

Traders more optimistic about stock market; value easy-to-use trading platforms OSLO–(BUSINESS WIRE)–PSS today released new data showing that active traders are feeling bullish and plan to invest their tax refunds in the stock market. The latest PSS Active Trader Sentiment Survey polled more than 650 individual investors who trade frequently (at least 36 times per […]

RIAs continue to be most common buyers—acquiring more than 50% of sellers OSLO–(BUSINESS WIRE)–PSS Advisor Services, a leading provider of custodial, operational and trading support for more than 6,000 independent registered investment advisory firms (RIAs), today released its industry-wide RIA mergers and acquisitions transaction quarterly information, reflecting a total of 23 M&A transactions involving RIAs […]