Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Orders Massachusetts Firm to Pay $700K Over Cash Sweep Conflicts
By Jeff BermanCantella & Co. allegedly placed client cash into cash sweep products through which the firm collected revenue-sharing payments.
August 31, 2021
Barred Long Island Broker Arrested Again for Defrauding InvestorsHe was accused of stealing $80,000 from clients who thought they were investing in shares of Airbnb, DoorDash and Petco.
August 31, 2021
SEC Charges Advisory Firm Serving Teachers With Billing, 12b-1 Fee ViolationsCertain clients had to pay a higher advisory fee than they should have and were charged 12b-1 fees.
August 31, 2021
Wall Street Vaccination Policies: What 9 Firms Are RequiringUpdated CDC guidance and rising infection rates due to the delta variant have prompted more firms to institute mandates.
August 27, 2021
The LUMINARIES Class of 2021: Diversity, Inclusion & Thought LeadershipWe're pleased to highlight the advisors, broker-dealers, RIAs and others being honored this year in our pioneering recognition program.
August 27, 2021
SEC Wants Info on Advisor, BD Use of Tech That Hooks InvestorsSEC Chairman Gary Gensler says he's focused on protecting investors as technology that can influence their behavior proliferates.
August 26, 2021
Wells Fargo's Wealth Unit Names Diversity ChiefCharles Nunn joins from JPMorgan and will focus on adding diverse clients and products for Wells Fargo Advisors and related businesses.
August 26, 2021
12 Best Cities for Financial Advisors to Start a Career: 2021These cities have high average advisor pay and lots of potential clients, according to SmartAsset.