Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Charges Hedge Fund Manager in Scheme Involving Terminally Ill
By Janet LevauxDonald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
August 11, 2016
Lebenthal to Exit Wealth, RIA BusinessThe closing follows the departure of YorkBridge Wealth Partners, a group with $750 million in assets that moved to Dynasty.
August 10, 2016
Recruiting Roundup: Raymond James, Cetera Add GroupsMeanwhile, two RIAs merge to form group with $13 billion in client assets.
August 10, 2016
Cetera BD Adds President for Robo-PushAs president of Cetera Financial Institutions, LeAnn Rummel will be in charge of efforts to offer robo-advice to banks and credit unions.
August 10, 2016
FINRA Floats Rule Changes on Gifts, Noncash CompThe proposed changes "make sense" as some of the current rules, especially on business entertainment, are "too subjective," Cipperman Compliance Services says.
August 09, 2016
Stifel’s Profits Crash in Q2 Despite Wealth Growth; Ladenburg Results WeakenStifel Financial is getting rid of the indie reps it bought from Sterne Agee, but holding on to the ex-Barclays reps.
August 04, 2016
How Advisors Can Get Referrals From Millionaire ClientsIt's not just about accentuating the positive; it's also about eliminating the negative, a Fidelity study says.
August 04, 2016
Building confidence takes timeFor a new agent, learning the industry and building confidence can take about three years.