Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Citi to Cut 20,000 Jobs
By Todd GillespieIn all, Citigroup's firmwide headcount is set to decline by 60,000 jobs to 180,000 by the end of 2026.
January 09, 2024
Cambridge Launches New Fee-Only RIABridgePort Financial Solutions, led by Eddie Rollins, will acquire stakes in small and midsize firms.
January 05, 2024
New Pretrial Date for Ex-Broker Charged With Murder of BofA-Merrill ExecAnthony Duwayne Turner is accused of killing former girlfriend Michelle Avan in 2021; he has pleaded not guilty.
January 05, 2024
Best & Worst Broker-Dealer Stocks: 2023Broker-dealers posted solid gains in a year that saw a banking crisis.
January 03, 2024
FINRA Moves to Tighten Brokers' Ability to Borrow Client MoneyFINRA's plan would strengthen the general prohibition against borrowing and lending and narrow some existing exceptions.
December 29, 2023
Don't Forget This Important Planning Task for the New YearTaking some time now to plan for your business enables you to serve clients better.
December 28, 2023
LPL Fined $5.5M for Transaction Supervision IssuesThe broker-dealer also will pay $650,000 in restitution plus interest to 125 clients affected by its failures from 2012 to 2019.
December 27, 2023
RIA Model Is at the 'Tipping Point': Mercer Advisors' WellingThe fiduciary model helps clients "connect the dots to get what they really want" for their financial lives, the CEO said.