Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Financial Firms Speeding Tech Adoption Due to Pandemic: Survey
By Jeff BermanBDs and other financial services firms are accelerating their digital transformations, a new Broadridge study finds.
July 02, 2020
FINRA Suspends Another Ex-First Standard RepThe former broker of the shuttered BD gets an 11-month suspension for excessive trading.
July 02, 2020
$1.6B UBS Advisors Move to Wells Fargo FiNet: Recruiting RoundupMeanwhile, Stifel adds Wells Fargo reps with $540 million and a $935 million Merrill Lynch team.
July 02, 2020
Edward Jones to Add a Bank for Its Advisors' ClientsThe broker-dealer's parent company has submitted an application to establish Edward Jones Bank.
July 02, 2020
Brokers Holding Off on the Leap to Independence: TD AmeritradeWhile the pandemic has slowed independence moves, the motivations to transition remain strong, TD Ameritrade Institutional reports.
July 01, 2020
Model Portfolios Lost $500 Billion in Q1: BroadridgeBut their total assets were $3 trillion.
July 01, 2020
Edward Jones' Top Exec: How the Firm Is Managing Pandemic, Boosting DiversityManaging Partner Penny Pennington tells ThinkAdvisor how the firm is handling what she calls a "triple pandemic" — medical, financial and social.
July 01, 2020
FINRA Suspends Ex-Cetera Rep Over Unauthorized Trucking InvestmentThe broker violated FINRA rules by participating in a $30,000 private securities investment without notifying the firm.