Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
After the DOL Fiduciary Rule, Enter the Fee-Based Variable Annuity
By Robert Bloink, William H. ByrnesThe long-suffering product class may be ripe for a comeback as hefty VA commissions are frowned upon under the DOL rule.
June 30, 2016
FINRA Posts Loss for 2015 as Costs Rise, Fines Drop 30%Revenue from fines weakened to $93.8 million, while costs grew to over $1 billion on technology projects.
June 30, 2016
4 Useful Hacks for the SEC’s IAPD Disclosure SiteThese IAPD tips can be as valuable to you and your firm as they are to investors checking you out.
June 27, 2016
Stifel Sells Independent, Custodial Units of Sterne AgeeThe deal comes about one year after it bought Sterne Agee for $150 million.
June 27, 2016
SIFMA Roiled by Split Over DOL Fiduciary Suit by Wirehouses, Smaller FirmsLarge broker-dealers favored compliance over fighting DOL; Wells Fargo, Morgan Stanley said to have opposed court battle.
June 23, 2016
Wall Street splits with smaller firms over broker-rule lawsuitSeveral banks opposed a lawsuit against the Department of Labor, saying it's time to focus on complying with the fiduciary rule.
June 22, 2016
Recruiting Roundup: Raymond James Adds $205M Wells TeamMeanwhile, LPL Financial, U.S. Trust and others announce new affiliated reps and management hires.
June 22, 2016
Fiduciary Self-Assessments: Hype or Help?Following the Institute for the Fiduciary Standard's Best Practices for Fiduciary Advisors can provide a substantial market boost to professional advisors.