Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fulton Bank Buys Raymond James-Affiliated Wealth Group
By Janet LevauxMeanwhile, Power Investment Services, which has some $130 million in assets, has joined LPL's hybrid platform.
January 02, 2019
FINRA Seeks SEC Approval of Dispute Resolution RulesOne rule would prohibit compensated non-attorney representatives from practicing in the FINRA arbitration and mediation forum.
January 01, 2019
BDs 'Gearing Up, Committing Dollars and Hiring Staff' in 2019Recruiter Jon Henschen tells ThinkAdvisor which firms seem to be boosting their recruiting for the coming months.
December 28, 2018
Private Wealth Group to Be Added to S&P 500First Republic Bank, which includes about 150 financial advisors with $131 billion of assets, has been on a recruiting tear.
December 27, 2018
BD Fined $100K for Not Protecting Client DataThe violations took place over a five-year period, Massachusetts securities regulators say, and involved the use of a third-party CMS.
December 27, 2018
JPMorgan to Pay $135M for Mishandling ADRsThe improper activities took place from late 2011 to early 2015 and produced $71 million in revenue for the bank.
December 26, 2018
SEC 12b-1 Fee Crackdown Ensnares American Portfolios Advisors, PPS AdvisorsWithout admitting or denying the findings, American Portfolios agreed to pay about $895,3500 in disgorgement and prejudgment interest and a civil penalty of $250,000.
December 26, 2018
FINRA Hits Morgan Stanley With $10M Fine Over AML FailuresThe broker-dealer's anti-money laundering efforts did not meet Bank Secrecy Act requirements in three areas between 2011 and 2015.