Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Moving 133 Jobs From San Diego to South Carolina
By Janet LevauxFewer than 40 employees are being offered the chance to move across the country in order to keep their positions.
February 22, 2017
BD Back-Office Consolidation: Profit Bonanza or Service Boondoggle?There are three models broker-dealers are following in light of higher expenses and lower revenue. Which is best for reps, and their BD?
February 22, 2017
BD Must Repay Tribe $3.4M, Pay $750K FINRA FineAn advisor that sold $190 million in nontraded REITs and BDCs has yet to resolve charges with the regulator.
February 21, 2017
$700M Morgan Stanley Team Moves to Raymond James Indie GroupSteward Partners opens a new office in Florida with six breakaway brokers that have nearly $6 million in annual fees and commissions.
February 17, 2017
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
February 16, 2017
Raymond James Names Top Branch, Complex ManagersThe two honored professionals were picked from more than 240 candidates in the employee-advisor channel.
February 16, 2017
California Regulators Check 1% of BDs, Investment Advisor Firms: ReportLess than 270 exams took place in the 2015-16 fiscal year, according to the state's Department of Business Oversight.
February 15, 2017
First Republic, FiNet Grab Reps From Rivals: Recruiting RoundupA UBS advisor moves firms in SoCal, while two registered reps with LPL and Edward Jones join Wells Fargo Financial Network.