Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
RBC, Ameriprise Add Merrill Teams: Recruiting Roundup
By Janet LevauxThe new advisor groups come on board in Florida and Kentucky; they have a total of $330 million in client assets.
November 06, 2018
LPL Adds Teams From Cetera, ForestersThe two teams had a combined $475 million in AUM.
November 06, 2018
FINRA, Exchanges Prep for CAT Compliance DateCAT is "a complicated project that's a year behind schedule," FINRA CEO Robert Cook said.
November 06, 2018
FINRA Updates eFOCUS Report RequirementsThe updated electronic filing system incorporates new amendments for reported income issued by the SEC.
November 05, 2018
Citizens Bank to Buy $7.5B Clarfeld Financial AdvisorsSeparately, Arkadios Capital adds a $3.5 billion fixed income team from Raymond James.
November 05, 2018
In a Shift, Retirees Donate More to DemocratsIt's the first midterm election year since 1990 that this has happened, according to the Center for Responsive Politics.
November 05, 2018
SEC Adopts New Order Handling, Routing Rules for Broker-DealersThe rule amendment "will make it easier for investors to evaluate how their brokers handle their orders," the agency states.
November 02, 2018
Cantor to Sell ETF, Retail Stock-Trading DivisionThe acquirer believes the deal should bring institutional-quality customer service and top technology to Main Street broker-dealers, asset managers and retail investors.