Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Sweeps BDs on Use of Social Media Influencers, Referral Programs
By Melanie WaddellThe sweep focuses on practices related to customer acquisition through channels like TikTok, Facebook and Reddit.
September 16, 2021
Morgan Stanley Targets Millions of New Customers After M&A SpreeDeals with E-Trade, Eaton Vance and others have grown the firm's base to 14 million relationships with $8 trillion in held-away assets.
September 15, 2021
Quarter of RIAs Now Charge Flat Fees: StudyIn a survey Advyzon also asked advisors how they preferred to bill their clients.
September 15, 2021
Jeffrey Gundlach's 10 Economic Predictions, Trends for Advisors to WatchDon't believe anybody who tells you the U.S. economy is soaring, Gundlach says.
September 15, 2021
FINRA Files to Extend Remote Branch-Office InspectionsThe proposed rule change would include 2022 inspection obligations through June 30.
September 14, 2021
FINRA Fines Former Wells Fargo Rep Who Lied About Outside AccountsThe ex-broker falsely stated on a compliance questionnaire that he had no outside accounts, FINRA says.
September 14, 2021
Schwab Faces Class-Action Suit Over Cash SweepsThe firm violated its fiduciary duties by "wrongfully overconcentrating" Schwab Intelligent Portfolios accounts in cash, the plaintiffs allege.
September 13, 2021
J.P. Morgan Drops Upfront Fee on Some 529 PlansJ.P. Morgan Wealth Management advisors will offer select plans without the sales charge, which can be as high as 5.75%.