Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Hires Wells Fargo Wealth Exec as Chief Compliance Officer
By John ManganaroThe firm says it's tapping Jim McHale to advance its commitment to a "strong risk management culture."
November 21, 2023
Ex-Advisor Solicited Client Money for Film Business, Regulators SayChecks to Canal Productions represented self-dealing at an elderly client's expense, the inquiry alleges.
November 21, 2023
Citi Wealth Services Head to Leave After Three DecadesThe shift was announced by newly appointed wealth management chief Andy Sieg, formerly with BofA Merrill.
November 20, 2023
SEC OKs New FINRA Rules for Home Offices, Remote InspectionsThe changes "reflect today's hybrid work environment while still providing critical investor protections," FINRA said Monday.
November 20, 2023
SEC Fines Two Brokers for Reg BI ViolationsThe brokers used "frequent in-and-out trades," the regulator said.
November 17, 2023
Why Firms May Reverse Course on AI Plans in 2024: ForresterThe emerging technologies likely won't yet be ready to deliver objective advice, says a senior financial analyst.
November 16, 2023
LPL to Distribute Prosperity Life Indexed AnnuityOne of the indexes is designed to perform well when inflation runs high.
November 15, 2023
LPL Rolls Out HNW 'Private Wealth' ChannelThe firm says the new channel offers wirehouse-like services without the shifting pay grids or sales targets.