Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Aims to Shake Up Exchanges' Market Data Domination
By Janet LevauxIn effect, its proposal would replace the "exclusive" model with a decentralized model of "competing consolidators."
February 13, 2020
Stifel Nabs $332M Merrill Reps in TexasMeanwhile, a Woodbury Financial Services affiliate adds a father-daughter team with $115 million in North Carolina.
February 12, 2020
Banks, Financial Services Must Do Better on Diversity: House ReportAlthough the business has made strides in diversity hiring, it's not enough, says the House Financial Services Committee.
February 12, 2020
Ameriprise Adds Merrill Team With 3 RepsThe Barbaro, DeMartino & Tucker Group joins the firm in New Jersey with about $194 million in assets.
February 12, 2020
FINRA Seeks to Close '$1 Expungement Case' LoopholeThe regulator would charge a minimum filing fee for expungement cases. But industry attorneys aren't impressed.
February 11, 2020
LPL Nabs $650M Cetera Team With 15 AdvisorsSynergy Wealth Alliance is based near Orlando and plans to double in size every three years.
February 10, 2020
FINRA Issues RMD Alert on Secure Act ChangesThe updated investor alert explains some "tricky" new requirements, specifically if a variable annuity is held in an IRA.
February 07, 2020
Ex-Ameriprise Rep Sentenced to 11 Years Over Ponzi SchemeThe broker met with two of her victims and told them to lie to the FBI, according to prosecutors.