Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
A Conversation on Conflicts of Interest
By Bob ClarkLegally requiring an advisor to act in the best interests of their clients 'does not solve the problem,' argues a reader. I respond.
December 22, 2016
U.S. Bancorp Wealth Unit Taps Former-Wells Fargo Exec for Key PostKaren Wimbish served as the head of the bank's retail retirement group and president of Wells Fargo Advisors' Latin American Group.
December 21, 2016
6 Ways for Owner-Advisors to Make Mergers WorkMy consulting work with advisorsand my own failed merger experiencehave taught me these lessons.
December 21, 2016
FINRA’s 12 Fines of Christmas: Wells Fargo, LPL Flub Security of RecordsThe companies were fined a total of $14.4 million, as some firms failed to keep millions of records in the proper electronic format.
December 20, 2016
DOL rule will force consolidation of broker-dealers, Cerulli report saysBroker-dealers with less than $10 billion in assets under management account for more than 80 percent of broker-dealer sales volume but less than 10 percent of advisor-managed assets.
December 20, 2016
DOL rule will force consolidation of broker-dealers, Cerulli report saysBroker-dealers with less than $10 billion in assets under management account for more than 80 percent of broker-dealer sales volume but less than 10 percent of advisor-managed assets.
December 15, 2016
National Planning Holdings Partners With BlackRock, American Funds to Boost PlatformThe parent firm of four IBDs says it is rolling out more technology to its 3,500 affiliated reps.
December 14, 2016
SEC Approves 2017 Budget Boost for PCAOBPCAOB, which oversees audits of SEC-regulated BDs, gets a 4.2% increase over its 2016 budget.