Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Limits Pay Hikes, Bonuses for Employees
By Janet LevauxCompanywide, there will not be merit increases in 2016, as the IBD takes "a cautious approach."
August 16, 2016
Hundreds of Thousands of 401(k)s Up for Grabs After DOL Fiduciary RuleBroker-dealers are wondering what to do with small plan sponsor clients serviced by generalist wealth managers.
August 15, 2016
SEC Charges Hedge Fund Manager in Scheme Involving Terminally IllDonald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
August 15, 2016
Top Portfolio Products: Nuveen Launches Alternative Investment PlatformThe platform, using technology from Artivest, lets advisors allocate alternative investments across client portfolios and monitor their performance.
August 12, 2016
Raymond James Completes Rollout of Mobile PlatformThe firm also has introduced document sharing technology to its roughly 6,800 financial advisors.
August 12, 2016
Morningstar to Help BDs Manage Small 401(k)sMorningstar Plan Advantage will let broker-dealers offload the fiduciary responsibility of managing defined contribution retirement plans.
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.