Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Galvin: Scottrade Fiduciary Case Still On Despite 5th Circuit Ruling
By Melanie WaddellMassachusetts Securities Regulator Galvin wants the SEC "to re-draft" its Regulation Best Interest for brokers "and mandate a true fiduciary standard that investors deserve."
June 21, 2018
SEC's Clayton: Comment Period on Advice Standards May Be ExtendedHouse lawmakers questioned Clayton about the SEC's proposed best-interest rules.
June 21, 2018
Royal Alliance to Buy Signator From John HancockThe move means that the independent broker-dealer, which is part of Advisor Group, could double its size.
June 20, 2018
Stifel Loses $630M Teams to Janney, Raymond James: Recruiting RoundupMeanwhile, more reps leave Wells Fargo for rival broker-dealers; LPL Financial and Commonwealth share their latest recruiting news.
June 19, 2018
Commonwealth Scores a Workplace AccoladeTech magazine Computerworld ranks Commonwealth Financial the fifth best place to work for IT professionals.
June 19, 2018
Fi360 Acquires Center for Fiduciary ManagementCFFM offers four flagship products that are widely used among financial advisors.
June 18, 2018
Wells Fargo to Restructure Brokerage Groups: ReportThe wealth group is "reimagining" its business to boost efficiency, a spokesperson said.
June 18, 2018
SEC Chairman Is 'Sick' of How Much Retail Fraud There IsChairman Jay Clayton says that brokers should create a culture that doesn't accept lying — even when the law allows it.