Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Buys Employee-Advisor Group in Florida
By Janet LevauxFlorida-based Allen & Co. has 33 financial advisors and about $3 billion of client assets.
August 01, 2019
SEC Hits Commonwealth for Failure to Disclose Revenue Sharing ConflictsThe regulator alleges the IBD breached its fiduciary duty by not disclosing $100 million obtained via a revenue-sharing deal tied to mutual funds.
August 01, 2019
Chalice Launches Reg BI Compliance ServicesThe membership-based group says it is responding to advisors' requests for compliance and legal support.
August 01, 2019
Ohio National Fighting to Avoid FINRA ArbitrationThe insurer faces a new lawsuit filed by Kestra Financial's parent firm over its decision to stop paying advisors certain annuity commissions.
August 01, 2019
Raymond James, Steward Add Wirehouse Teams: Recruiting RoundupMeanwhile, LPL Financial picks up advisors from Ameriprise and Wells Fargo Finet.
July 31, 2019
Waddell & Reed Adds Riskalyze Risk Alignment for Its AdvisorsRiskalyze's platform of analytics tech, client engagement tools to help advisors enhance their service.
July 30, 2019
Raymond James Names Head of Advisor InclusionThe marketing executive will manage the Network for Women Advisors, Advisor Pride Network and Black Financial Advisors Network.
July 30, 2019
PFI Advisors Expanding RIA Services to Indie RepsThe firm, which has helped advisors with some $34 billion in assets go independent, is focused on the "final step" to running an RIA.