Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Panel Slams Credit Suisse for Failing to Pay Deferred Comp to Ex-Brokers
By Jeff BermanThe firm must pay $5.2 million in damages plus hefty interest payments.
January 05, 2022
LPL Nabs 30-Member Team From Securities AmericaElite Financial of Huntington Beach, California, has its "eyes set on significant growth and expansion," says President and CEO Dan Cairo.
January 04, 2022
Precious Metals Firm Ordered to Pay $6M Over Hidden CommissionsThe firm and its founder allegedly solicited millions in investments while fraudulently charging commissions as high as 33%.
December 30, 2021
'Upfront Money Should Be a Spice, Not a Main Course': Recruiter Jon HenschenForgivable notes "should not be a primary motive for moving, by any means," Henschen tells ThinkAdvisor.
December 29, 2021
'Advisors Must Build and Invest in Their Brand': Commonwealth's KlomanThe firm's president and COO discusses how advisors can reinforce their value to clients.
December 29, 2021
Wirehouses to Keep Losing Market Share: ReportAite-Novarica Group predicts the wirehouses' share of client assets could drop from 25% in 2021 to 21.9% by 2025.
December 29, 2021
FINRA Fines, Suspends Ex-Morgan Stanley Rep for Allegedly Hogging CommissionsThe rep was one of several brokers fired by the wirehouse over alleged abuses in its Former Advisor Program.
December 29, 2021
FINRA Keeps Its Business Continuity Rule IntactThe rule "has been effective at ensuring member firm preparedness for a wide range of potential business disruptions," says FINRA.