Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Lebenthal Adds Co-CEO as Chief Takes Reins of Wealth Unit
By Janet LevauxEx-Ally Bank CEO Barbara Yastine will join Alexandra Lebenthal in the top role as Frank Campanale steps down as wealth chief.
September 17, 2015
‘Our Reputation Stands on Its Own’One of your reps suddenly leaves, taking several HNW clients and disparaging your firm. How do you mitigate reputational risk? How do you respond?
September 17, 2015
LPL Taps Ex-FINRA Regulator for Deputy Counsel PostThe independent broker-dealer also says it has set up a Regulatory Counseling group firmwide.
September 16, 2015
Cheaper Advice Isn’t Always Better AdviceCommission-based advisors can make recommendations based on a client's best interests, but given the conflicts involved, can they be relied upon to do so?
September 16, 2015
Recruiting Roundup: Raymond James Nabs $550M Team From UBSMeanwhile, U.S. Trust adds four advisors, and Cetera picks up Gough Financial as part of an OSJ.
September 15, 2015
FINRA Nabs 10 Reps in Risky Broker OpFINRA carefully watches broker migration, especially when reps "move in groups from an expelled or high-risk firm to other securities firms," says FINRA's Axelrod.
September 14, 2015
Credit Suisse Mulls Sale of U.S. Private BankU.S. wealth management business is estimated to have $115 billion in AUM and about 370 advisors.
September 13, 2015
The Real Cost of Investment FeesPersonal Capital, an online advisory firm, just released a report showing how much money investors lose paying fees to financial institutions.