Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Mulls Further Changes to Senior Exploitation Rule
By Melanie WaddellFINRA wants to extend the period for placing a temporary hold on accounts and create the first uniform, national standard for placing holds on transactions.
October 05, 2020
Ex-Commonwealth Rep Pleads Guilty to Stealing Over $3.7M From ClientsThe barred broker and advisor pleaded guilty to one count each of wire fraud, mail fraud and identity theft.
October 02, 2020
Raymond James Adds $678M Bank AdvisorsThe four registered reps joined Pinnacle Financial Partners from Wells Fargo and other firms.
October 02, 2020
FINRA Moves Ahead on BD Fee HikeBeginning in 2022, fees in five areas will be raised gradually.
October 01, 2020
JPMorgan Teams With SAP to Enhance Morgan Money: Tech RoundupAlso, RIA in a Box introduces compliance software for private funds.
September 30, 2020
Cambridge Takes Stake in $4B Broker-DealerThe IBD acquired "limited assets" of the boutique firm, while FCG founder John Combias will maintain control.
September 29, 2020
Ameriprise Nabs $500M LPL TeamThe group includes three advisors, all of whom have been in the business for 15 years or more, and six other staff.
September 29, 2020
Ex-Ameriprise Rep Sentenced to 4 Years in Prison for FraudThe barred broker also must pay $402,200 in restitution to his elderly and other victims and $125,100 in unpaid taxes.