Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
The Gloomy Future of (Independent) Broker-Dealers
By Bob ClarkIf Michael Kitces is right, a fiduciary standard for all retail advisors may well spell the end of non-underwriting broker-dealers.
March 17, 2016
Recruiting Roundup: Raymond James Adds $225M Breakaway TeamMeanwhile, U.S. Trust shares the details about its new batch of of private client advisors.
March 17, 2016
Career Swap: Why 7 Advisors Left These 7 ProfessionsThere are many more career changers than undergraduates enrolled in CFP programs, says Joseph Maugeri of the CFP Board.
March 16, 2016
LPL Cuts Prices, Account Minimums Ahead of DOL Fiduciary RuleThe independent broker-dealer also plans to offer a fund-only brokerage IRA to meet the new fiduciary standard.
March 16, 2016
Raymond James Names New General CounselJonathan Santelli joins from First Republic Bank and will train with veteran Paul Matecki for five months.
March 14, 2016
Top Portfolio Products: State Street Launches SHE, a Gender Diversity ETFWho is SHE? This new State Street index ETF has the potential to outperform because of gender diversity.
March 14, 2016
SEC Fines 3 AIG Advisor Group BDs $9.5M on Excess Fund FeesSagePoint, Royal Alliance and FSC Securities steered mutual fund clients into more expensive share classes and collected $2 million in fees, the SEC says.
March 10, 2016
Recruiting Roundup: Raymond James Draws Breakaway BrokerWells Fargo adds former Merrill team; wealth executives are on the move.