Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Data Shows 15-Year Decline in BDs
By Melanie WaddellFINRA just published 15 years of data on the number of broker-dealer reps entering and leaving the industry and of the decline in member firms.
October 12, 2017
HighTower Nabs $500M JPMorgan Team, $230M Merrill Rep: Recruiting RoundupAlso, Wells Fargo attracts two Morgan Stanley reps with $370 million; Cetera adds new bank client with $225 million.
October 11, 2017
Raymond James to Grab $5B Clearing Client From PershingIt also recruited a husband-and-wife team from Merrill Lynch with some $160 million in assets.
October 10, 2017
RBC Taps New Wealth Consulting ChiefNate Angelo comes on board one week after the wealth firm tapped a new head of recruiting.
October 09, 2017
Think 7% Returns Are Coming Back Anytime Soon? Think Again.Two prominent investment strategists cautioned advisors about future gains in client portfolios at FPAs annual conference.
October 09, 2017
LPL Makes Retirement Plan Push With FAsRetirement Partners head Bill Beardsley and national sales chief Andy Kalbaugh are hoping to bring more LPL reps and ex-NPH advisors into the fold.
October 08, 2017
Top 3 Ways BDs Can Help FAs With DOL-Related Platform ShiftsBroker-dealers should help advisors with new technology, criteria for picking third-party asset managers and improved planning tools.
October 06, 2017
Jordan Belfort, the ‘Wolf of Wall Street,’ Offers (Ethical) Sales Tips for AdvisorsBelfort tells ThinkAdvisor about his Straight Line sales system and how his drug-addled past was actually worse than in the movie.