Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ex-Broker Gets 2 Years in Prison for Social Security Fraud, Stealing From Church
By Jeff BermanThe former advisor was convicted of stealing more than $370,000 in disability benefits and $20,000 from a church.
February 22, 2022
Advisors Leave Women, Youngest Investors in Lurch on Sustainable InvestingWhile 72% of clients surveyed are interested in ESG investments, 87% said their advisor hasn't suggested them.
February 22, 2022
Baird Nabs $850M Morgan Stanley RepsThe advisors move from the wirehouse to Baird in Yakima, Washington, and Durango, Colorado.
February 18, 2022
FINRA Orders Review of Wells Fargo Arb Ruling That Was Struck Down in CourtA judge ruled that Wells Fargo had manipulated the arbitrator selection process.
February 18, 2022
Edward Jones Sets Office Return Date With Flexible Work PolicyThe broker-dealer's home office staff will have the option of working on-site full time, remotely or a hybrid of the two.
February 18, 2022
New Court Date Set for Suspect in Merrill Exec's MurderThe next hearing for the former colleague and ex-boyfriend of slain Bank of America executive Michelle Avan will be on March 22.
February 16, 2022
Ex-Broker Gets 7 Years in Prison Over $2.4M Scam Targeting Older ClientsThe ex-broker told investors they were funding a shopping app but spent their money on gambling, jewelry and other items, prosecutors said.
February 15, 2022
Fidelity Adds Tactical Bond Mutual FundThe fund allows investors to allocate their assets across the spectrum of the debt market, the firm says.