Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Rick Ferri: Advisor Fees Are 'Last Bastion of Gluttony' in Investment Industry
By Jane Wollman RusoffProviding both advice and portfolio management is a conflict of interest, the consultant tells ThinkAdvisor.
October 25, 2021
Ex-LPL Rep Suspended for Making 22 Trades Without Written ConsentThe broker also falsely stated he didn't exercise discretionary trading authority in three compliance questionnaires, FINRA says.
October 25, 2021
Democrats Draw Up Billionaire-Tax Plan as Corporate Hike FadesSenate Finance Committee Chair Ron Wyden plans to unveil a new tax on the unrealized capital gains of the ultra wealthy this week.
October 22, 2021
Kitces: Schwab 'Declaring War on Funds' With Direct Indexing PlatformMichael Kitces' remark touched off a debate among advisors on the pros and cons of direct indexing.
October 22, 2021
Powell: 'I Do Think It's Time to Taper'Although the Fed chairman, is concerned about rising inflation he doesn't think it's time to raise interest rates.
October 22, 2021
FINRA Mulls Update to Complex-Product RulesRules around qualifications for options traders, for instance, pre-date the rise of DIY investing, CEO Cook said.
October 21, 2021
Schwab: What Advisors Can Expect From TD Ameritrade IntegrationTD Ameritrade client accounts and assets won't be moved over to Schwab until the second half of 2023.
October 21, 2021
Raymond James Rolls Out New Advisor Portal: Tech RoundupAlso, TD Bank has launched a robo-advice platform and plans to hire more advisors.