Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Morgan Stanley to Pay $3M in FINRA Arbitration Over Deferred Comp
By John ManganaroAmounts of deferred compensation to be paid to former advisors range from about $70,000 to more than $600,000.
March 19, 2024
Raymond James Taps Next CEOCFO Paul Shoukry was immediately named president and will become CEO in fiscal 2025.
March 18, 2024
Cambridge Says It's Under FINRA Review, Plans $500,000 RestitutionThe firm's procedures for providing fee waivers, rebates and discounts through rights of reinstatement are under scrutiny.
March 15, 2024
Advisor Accuses LPL of 'Raiding' His Firm in RetaliationThe wealth manager alleges that LPL retaliated after he started looking for another broker-dealer.
March 15, 2024
Goldman's CEO Says He's Optimistic About 2024 as Markets ReboundLast year, the bank embarked on one of its biggest rounds of job cuts ever, eliminating 3,200 jobs.
March 14, 2024
LPL Grabs Advisors With $700M From OsaicThe seven financial advisors making the move work in five different teams and are all based near Minneapolis.
March 07, 2024
FINRA Arbitration & Mediation: 6 Reasons to Do BothHere's an in-depth look at why you don't want to limit your advisory practice to only one method of dispute resolution.
March 05, 2024
Ex-Credit Suisse Clients Face Grand Jury Probes Over TaxesMeanwhile, the Justice Department is investigating whether the bank, now owned by UBS, helped Americans hide assets from the IRS.