Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
2 Found Dead; LPL Network Firm Employee Arrested
By Jeff BermanPolice suspect Ramy Fahim of Pence Wealth Management of killing a co-worker and his roommate.
April 20, 2022
FINRA Warns BDs on Alt Fund Sales PracticesFINRA points to enforcement actions it has taken recently against several firms.
April 20, 2022
CFP Board Hikes Certification Cost, Adds New CE FeeThe new fee on CE providers will raise costs for CFPs, Michael Kitces says.
April 19, 2022
Ex-Morgan Stanley Rep Ran Multimillion-Dollar Ponzi Scheme, SEC SaysThe ex-broker allegedly blew over $800,000 of clients' funds on luxury cars and his credit card payments.
April 19, 2022
LPL Launches Paraplanning Services for Its AdvisorsThe firm's also testing tax and HNW services, says Aneri Jambusaria, EVP of its Planning & Advice Services.
April 19, 2022
Ed Slott: IRS Secure Act Regs Are 'Final Nail in the Coffin' for IRAs in Estate Plans"RIP IRAs as a long-term planning vehicle," Slott tells ThinkAdvisor.
April 18, 2022
Merrill, Private Bank Profits Jump 28%; Advisor Headcount DipsThe firm's wealth management unit ended Q1 with 1.3% fewer advisors than the previous quarter.
April 15, 2022
Barred Broker's Probation Revoked After Unauthorized Caribbean TripThe former Raymond James and Alliance Global Partners rep had been charged with defrauding at least 100 clients.