Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Wall Street Bonuses Not Keeping Up With Profits
By Janet LevauxNew York Comptroller finds that NYSE firms had a 21% bounce in profits, but employees' average bonus rose just 1% last year.
March 22, 2017
Trump Education Department Now Allows Big Collection Fees on Defaulted College LoansThe new guidance affects loans from lending institutions made before the feds took over the student loan program in July 2010.
March 21, 2017
Raymond James Nabs More Merrill, Wells Fargo TeamsThe groups join in Virginia and Pennsylvania with client assets of about $350 million and $138 million, respectively.
March 21, 2017
Texas Judge Denies Emergency Request to Block DOL Fiduciary RuleThe industry groups failed to satisfy four factors required to obtain an injunction pending appeal.
March 20, 2017
Female Advisors More Likely to Be Fired for Misconduct Than Male Advisors: NBER StudyStudy found the financial industry is willing to give male advisors a second chance, while female advisors are likely to be cast from the industry.
March 20, 2017
FINRA Hires Senior Advisor to CEO CookNathaniel Stankard will provide advice on such issues as FINRAs strategic review of its operations.
March 16, 2017
C Corp, S Corp or LLC for Breakaway Brokers? Each Has Tax ImplicationsBefore making any choices, breakaway brokers should consult an experienced tax attorney or accountant familiar with the industry.
March 16, 2017
Commission Clients Don’t Favor Switch to Fees: J.D. PowerFull-service clients have strong views on their retirement accounts and how they like to pay for them, a J.D. Power poll finds.