Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
How Did Advisor Portfolios Perform After COVID-19 Hit? Very Well, Says Invesco
By Bernice NapachThe firm's study of several hundred portfolios found that many advisors shifted allocations to investments that outperformed.
December 10, 2020
FINRA Seeks SEC OK for New CE RequirementsFINRA also wants approval for a new plan allowing individuals to challenge "statutory disqualification."
December 10, 2020
Why Raymond James' Purchase of $35B Retirement Plan Firm Is a 'Strategic Fit'It gives the firm "a new channel and capability" as the industry grapples with dwindling basis points, says consultant Tim Welsh.
December 08, 2020
To Boost Pro Bono Service, Advice Industry Must Set the Tone at the TopThe CFP Board should recommend planners do pro bono service every year.
December 08, 2020
LPL Eyes Midwest Base With Waddell & Reed DealThe broker-dealer also expects little to no repapering for W&R clients and that it will retain 70%-plus of W&R's 921 advisors.
December 08, 2020
Robinhood Faces Outage for Second Straight DayThe latest outage was just a "brief interruption" that was resolved quickly, a company spokesperson says.
December 07, 2020
Outages at Interactive Brokers, Robinhood Annoy InvestorsProblems at Interactive Brokers follow Friday's news that it's buying Folio's DIY investor unit from Goldman Sachs.
December 03, 2020
Why LPL's Waddell & Reed Deal Is a Big Score for Both SidesThe $300 million transaction is "a quality acquisition" for LPL with "substantial benefits" for W&R advisors, Jon Henschen says.