Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
When Disaster Strikes, Raymond James Gets to (Volunteer) Work
By Jane Wollman RusoffEmployees “were literally ripping out [soaked] drywall” after Hurricane Helene, Private Client Group president Tash Elwyn says.
November 13, 2024
FINRA Files to Raise Fees Starting in 2025The median large firm would pay an extra $415,000 a year by 2029.
November 08, 2024
Osaic Failed to Supervise Trading in Dead Client's Account: FINRAThe broker-dealer, earlier known as SagePoint, was fined $250,000 for issues with this matter and another account.
November 07, 2024
Cetera Financial Group CEO to RetireAdam Antoniades will remain a board member but is passing the leadership baton to Mike Durbin at year-end.
November 07, 2024
What's at Stake in the Ameriprise-LPL Fight Over Client DataAmeriprise accuses LPL of encouraging recruits to abscond with client data; LPL says Ameriprise aims to restrict competition.
November 07, 2024
11 Best & Worst BDs: Q3 Earnings, 2024Seven of these large BDs posted profit growth from last year, while earnings fell at four.
November 06, 2024
Goldman, JPMorgan Soar With Trump Poised to Deliver DeregulationTrump has vowed to cut the corporate tax rate, eliminate 10 regulations for every new one and fire some financial regulators.
November 05, 2024
JPMorgan Is Latest to Be Sued Over Cash SweepsA customer alleges "exploitative and unfair implementation" of the firm's bank deposit sweep program.