Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
HighTower Adds $1B Team in Florida: Recruiting Roundup
By Janet LevauxThe group is moving from Wells Fargo Private Bank; meanwhile Focus Financial says a partner firm has wrapped up a deal.
January 18, 2017
Schwab, TD Ameritrade Post Strong Q4 Earnings as New Accounts, Assets SoarAssets in proprietary Schwab ETFs rose more than 50% from last year to $62 billion.
January 17, 2017
LPL Adds $810M Bank ClientFirst Interstate Wealth Management has about 40 advisors and 80 offices in Montana, Wyoming and South Dakota.
January 13, 2017
Janus Advisor Guide: Beware of Correlations, and Other Investment TipsJanus Funds 2017 Wealth Advisors Guide identifies the intended and unintended risks of advisors asset allocations in their model portfolios.
January 12, 2017
SEC's Top 6 Exam Priorities for 2017The exam unit has outlined areas where it sees risk to investors.
January 11, 2017
Mercer Adds New York RIA; 2 Groups Rejoin SII Investments: Recruiting RoundupThe RIA in the Big Apple has $100 million in assets, while the California and New Jersey advisor groups have a total of $220 million.
January 11, 2017
Can Brokers and Agents Act in Their Clients’ Best Interests?A reader accuses me of unfairly comparing the dings of broker-dealer firms to those of RIA firms. I reply in my modest way.
January 10, 2017
Barred Broker Pleads Guilty to SEC Obstruction, May Avoid JailThe former advisor will also pay more than $580,000 in penalties for hiding referral fees from an elderly widow.