Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
A Summer of Broker-Dealer Discontent
By Janet LevauxFrom fines to financial pressure and recruiting woes, employee-advisor firms are facing significant challenges this summer.
July 20, 2016
Raymond James Tops Estimates, Reports Strong Revenue: Q2 EarningsPlus, the Private Client Group's fee-based business is growing 11% year over year, according to CEO Paul Reilly.
July 19, 2016
FSI Elects Valerie Brown, Richard Bryant to 2017 BoardThe board also elected five of its directors to leadership positions.
July 19, 2016
Wells Fargo Plans Pilot Robo-Advisor for Early 2017 LaunchLatest Wells Fargo/Gallup survey found that investors trust the advisor who's tech-savvy more than one who's not. Also, only 5% of investors use robo-services.
July 19, 2016
SEC Proposes Making Brokers Reveal Where Client Orders GoRegulator seeks comment on ramped-up broker disclosure rules; institutions would get more information on how orders filled.
July 15, 2016
Credit Union Advisors Lead the Pack in Fiduciary Rule Readiness: StudyCredit unions are far ahead of other institutions in making the DOL fiduciary rule transition, according to a study by Kehrer Bielan Research & Consulting.
July 14, 2016
Advisors Must Tell Clients About Their Robo Use, State Regulator SaysAdvisors must disclose to clients when they use robo platforms and what services those platforms provide, Commonwealth Secretary William Galvin of Massachusetts says.
July 14, 2016
Recruiting Roundup: Dynasty Adds Group From LebenthalMeanwhile, several wirehouse reps help form a new RIA in Cleveland; Betterment adds a CFO and hits $5 billion in AUM.