Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
BD Back-Office Consolidation: Profit Bonanza or Service Boondoggle?
By Jonathan HenschenThere are three models broker-dealers are following in light of higher expenses and lower revenue. Which is best for reps, and their BD?
February 17, 2017
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
February 16, 2017
Raymond James Names Top Branch, Complex ManagersThe two honored professionals were picked from more than 240 candidates in the employee-advisor channel.
February 16, 2017
California Regulators Check 1% of BDs, Investment Advisor Firms: ReportLess than 270 exams took place in the 2015-16 fiscal year, according to the state's Department of Business Oversight.
February 15, 2017
First Republic, FiNet Grab Reps From Rivals: Recruiting RoundupA UBS advisor moves firms in SoCal, while two registered reps with LPL and Edward Jones join Wells Fargo Financial Network.
February 15, 2017
LPL Fined $900K Over Failure to Send 1.6M Notices to ClientsThe information should have been sent to investors whose accounts were tied to suitability notices over a seven-year period.
February 14, 2017
Texas Securities Firm Expelled, Fined $24.6M Over Fraudulent Energy Deals'Wildcat and other investments reaped Red River and its CEO some $3.6 million, but investors lost most of their money.
February 14, 2017
Harold Evensky: How Trump Could Weaken the Fiduciary StandardThe Dean of Financial Planning tells ThinkAdvisor what he thinks of the president's approach to financial regulation.