Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Securities America's Nagengast Renominated to FINRA Board
By Melanie WaddellNagengast, president and CEO of Securities America, has been nominated to serve a second term.
July 06, 2020
FINRA Slaps Cadaret Grant With $200K Fine Over Ex-Rep's 'Ponzi Scheme'The broker-dealer "failed to reasonably supervise" a broker's many undisclosed securities transactions, the regulator says.
July 02, 2020
Ex-LPL Rep Suspended by FINRA Over Unapproved Soccer Team InvestmentsThe former LPL broker solicited investors for private securities transactions, then tried to hide it from the firm, regulator claims.
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.