Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
HighTower Adds LPL Group in St. Louis
By Janet LevauxMeanwhile, a UBS team forms an RIA in Louisville and signs on with Raymond James' Investment Advisors Division.
March 23, 2017
Texas BD to Pay $100K Fine, Repayments to Seniors It Fleeced in MassachusettsIn one case, a senior client in the final stage of terminal cancer had almost all of her assets put in a variable annuity.
March 23, 2017
New Money Market Fund Rules Working as Planned: NY FedAs a result of the new rules, money has shifted away from riskier institutional prime and muni funds into safer government funds.
March 23, 2017
‘Myth Busting’ Ex-Broker to Pay Dating Guru $1MA FINRA panel has ruled that radio host Dawn Bennett is required to compensate the former client for losses and expenses.
March 22, 2017
Raymond James Adds Team of Women From Morgan Stanley: Recruiting RoundupMeanwhile, TD Wealth grabs a group in New Jersey from Wells Fargo.
March 22, 2017
Wall Street Bonuses Not Keeping Up With ProfitsNew York Comptroller finds that NYSE firms had a 21% bounce in profits, but employees' average bonus rose just 1% last year.
March 22, 2017
SEC Shortens Trade Settlement Cycle to 2 Days From 3The T+2 rule is designed to enhance efficiency and reduce risk, the SEC says.
March 22, 2017
Goldman Sachs Set to Hire Developer for New Robo-AdvisorAutomated platform to serve wealthy clients, a job posting shows; the platform would be part of the investment management division.