Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ameriprise Adds $463M Employee Team From Merrill Lynch
By Janet LevauxThe three new advisors are based in Northern California and come on board with four other professionals.
July 20, 2017
Advisors, Plan Sponsors Out of Sync in DC Plan SpaceWells Fargo Asset Management compared its survey advisors to a previous one of plan sponsors to discover the gaps.
July 19, 2017
Raymond James, RBC Add Advisors, Exec From Wells Fargo: Recruiting RoundupWells Fargo Advisors says it lost over 3% of its FAs over the past 12 months and 1% in the last quarter.
July 17, 2017
FINRA Fines Edward Jones for Supervisory FailuresThe broker-dealer issued some 52 million client reports without required supervision, the regulator says.
July 17, 2017
IndexIQ Lowers Fees for 3 Currency-Hedged ETFs: Portfolio ProductsAlso, OppenheimerFunds and Direxion add ETFs; Harvest and Foundation Source launch continuing ed programs.
July 13, 2017
Dynasty Nabs $1B Breakaway Team From Merrill: Recruiting RoundupMeanwhile, UBS brings on two teams with a total of $975 million in assets from Merrill's Thundering Herd.
July 13, 2017
LPL Names 20 Fund Families on New Fiduciary-Friendly PlatformSome familiar names make the list of no-load mutual funds that will be offered, with several notable exceptions.
July 13, 2017
Double-Digit Earnings Gains Will Be Tough in Q2: LPL’s WhiteAnalysts are upbeat but not exuberant in terms of their expectations for the overall earnings season.