Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Accuses Advisor of Running $110M Ponzi Scheme
By Jeff BermanThe Marietta, Georgia, advisor was named in a complaint by the SEC, along with two entities he controls.
August 24, 2021
JPMorgan Settles With Advisors Who Jumped to LPL-Affiliated FirmThe temporary restraining order that J.P. Morgan Securities had obtained against the breakaway advisors has been lifted.
August 24, 2021
FINRA Fines Ex-Raymond James Rep Who Impersonated ClientThe rep, now with Ameriprise, allegedly pretended to be his client on a phone call with an annuity company, FINRA says.
August 23, 2021
LPL Exec Burt White to RetireWhite joined LPL in 2007 and is its managing director, Investor and Investment Solutions, and chief investment officer.
August 20, 2021
FINRA Seeks Sanctions Against Ex-Pru Rep Over Fake Insurance ApplicationsThe former Pruco broker also allegedly forged clients' signatures, FINRA says.
August 20, 2021
Schwab Provides Pandemic Pay Raise, Delays Office ReturnThe firm is giving most employees a 5% raise in recognition of their service to clients and each other during the pandemic, it says.
August 19, 2021
SEC Bars Ex-LPL Rep Who Stole More Than $600K From Retired ClientThe ex-LPL broker pleaded guilty to one count of wire fraud in May.
August 19, 2021
Snappy Kraken Introduces Advisor Text Marketing PlatformThe new Convos text messaging platform launched in beta for select RIAs and BDs, and will expand starting in Q4, the company says.