Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Arizona BD Sues FINRA for 'Choking' Microcap Markets
By Melanie WaddellFINRA wants to levy a $1.5 million fine against the firm in a microcap-related case.
December 17, 2018
Unpaid Arb Awards Decreasing but Still a ProblemUnpaid awards represent "about 2% of the nearly 13,000 customer cases closed between 2012 and 2016," said FINRA's Berry.
December 17, 2018
Kestra BD Sale: Now or Never?A sale of Kestra now, before the bull market ends, would be a smart move, industry insiders say.
December 17, 2018
Details on What the New FPA Is (and Isn't)According to the group's incoming president, chapters are not set to be eliminated, though their legal entities would be.
December 13, 2018
Advisors 'Neutral' on Broker Protocol's Impact on Going Indie: SchwabIn a new report, Schwab surveyed 152 advisors that have considered becoming independent registered investment advisors.
December 13, 2018
Ameriprise, Raymond James Nab Wells Fargo Reps: Recruiting RoundupMeanwhile, LPL says that two of its affiliated groups have merged, forming a super OSJ with over 100 advisors and $4 billion in assets under advisement.
December 11, 2018
SEC May Use Same Words to Describe Broker, Advisor Standard: ClaytonClayton sparred with Sen. Elizabeth Warren Tuesday about the agency's advice-standards package during an SEC oversight hearing.
December 10, 2018
4 'Tipping Points' for Wealthy Clients (& What Advisors Can Do to Help)A good advisor can devise successful strategies to contend with even the most complex financial situations.