Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
10 Best Robo-Advisors: Q2 2022
By Dinah Wisenberg BrinThe Robo Report tracks 58 accounts at 33 providers; it opened accounts at robo advisors in 2015 to "bring transparency to the industry."
August 11, 2022
Robinhood Must Face Market Manipulation Claims Over Meme TradingA Miami judge dismissed some allegations against the platform, but is allowing others in a class-action lawsuit to move forward.
August 11, 2022
Barred Broker Sentenced to 5 Years in Prison Over $7M Ponzi SchemeThe ex-broker used clients' funds on credit card and country club payments, as well as Red Sox tickets.
August 10, 2022
LPL Nabs Wells Fargo ExecKatelyn Shackleton has joined the broker-dealer as executive vice president, Corporate Strategy and New Ventures,
August 10, 2022
Morgan Stanley Sued by Ex-Broker Over Arb AwardThe firm's former registered rep alleged he was wrongfully terminated and defamed by the wirehouse.
August 09, 2022
90-Year-Old Ex-Morgan Stanley Broker Who Shot Business Partner DiesThe Oklahoma City Police Department says it is "not investigating the death as anything criminal in nature."
August 09, 2022
J.P. Morgan Fined Another $200K Over Broker's Unsuitable Trades in His Grandma's AccountThe firm didn't reasonably supervise an ex-broker who filled his grandmother's account with structured products, FINRA said.
August 09, 2022
60/40 Model 'Is Not Working' in This Market: Focus Financial's AdolfTraditional asset allocation models "really need an update," the head of the RIA aggregator says.