Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Suspends Ex-Merrill Rep Who Hid Felony Indictment
By Jeff BermanThe former broker also was sanctioned by the regulator for alleged unauthorized trading in client accounts.
August 06, 2020
DOL Should Scrap Fiduciary Rule Plan: RoperConsumer Federation of America says plan allows for conflicted advice and gives most rollover recommendations a "regulatory free pass."
August 05, 2020
5 Paths to True Advisor IndependenceThinking about making a change? Your timing is right, but know what you want first.
August 05, 2020
FINRA: Cetera Rep 'Willfully Failed' to Disclose Tax LiensThe firm's broker didn't amend his Form U4 to disclose several liens, then made false claims to cover them up, FINRA says.
August 05, 2020
Coming Soon at Hightower: More Strategic Investments in RIAsHere's what the firm looks for in RIAs, CEO Bob Oros tells Pershing CEO Ben Harrison in a wide-ranging conversation.
August 05, 2020
LPL Rolls Out Employee Advisor ModelThe independent broker-dealer aims to offer W-2 advisors payouts of 50%-70% and access to a nationwide network of offices.
August 05, 2020
Kestra Hires JPMorgan Exec as Chief Information OfficerNick Harness moves to the firm after more than two decades with Wall Street firms, including Morgan Stanley.
August 04, 2020
13 Best & Worst Broker-Dealers: Q2 Earnings, 2020The wirehouses, with parent firms increasing loan-loss provisions, have close to 53,000 total advisors and $8.4 trillion of assets.