Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Chief Wants Advisors, BDs to Improve 'Cyber Hygiene'
By Melanie WaddellOne possible course of action: altering the "timing and substance" of required customer notifications under Reg S-P.
January 21, 2022
8 Top FINRA Priorities for 2022"A lot of exciting initiatives" are afoot at FINRA, says its CEO, Robert Cook.
January 20, 2022
Morgan Stanley Sets Sights on Its Workplace AssetsThe wirehouse also wants its wealth management unit to reach a pre-tax profit margin above 30%, CEO James Gorman said.
January 20, 2022
The 'Quantity Game' in AUM, Advisor Recruiting Is Over: Cetera ExecA shift in focus at Cetera has resulted in the kind of recruiting wins that matter most, its business development chief says.
January 19, 2022
BofA Reports 47% Jump in Merrill, Private Bank Profits: Q4 EarningsThe firm's wealth management unit ended Q4 with 18,846 advisors, about flat versus Q3.
January 19, 2022
How Indie Advisors Plan to Grow in the Next 5 Years: SchwabHigh on their list of strategies: adding new clients, particularly new investors minted during the pandemic.
January 14, 2022
Ex-Broker Gets 17.5 Years in Prison for 'Masterminding' Ponzi SchemeAt least 1,000 investors were bilked out of more than $100 million over a decade, according to the Justice Department.
January 14, 2022
Merrill Wins $20M Arb Dispute Over American Airlines InvestmentsA FINRA panel ruled in favor of the wirehouse in a claim brought on behalf of a trust alleging negligence and breach of contract.