Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
In Managed Accounts, Packaged Portfolios Beat Advisor-Driven Ones: Cerulli
By Danielle AndrusPackaged portfolios put together by broker-dealer home offices have beaten advisor-driven or open portfolios over the past five years, according to new Cerulli research.
June 04, 2015
LPL Adds Teams From Morgan Stanley, Lincoln; Merrill Grabs Ex-UBS DuoThe indie broker-dealer should bring in about $600 million in new assets and the wirehouse about $300 million.
June 04, 2015
4 Signs the Wirehouse Team Ain’t Movin’There are some easy ways to probe the real intentions of advisors who say they want to go independent.
June 03, 2015
Wells Fargo, Hearsay Social Roll Out New Tech ToolsThe wirehouse boosts reps' tablet power, while the social media tech firm introduces a "universal" supervision solution.
June 03, 2015
SIFMA, FSR Propose ‘Uniform Best Interests’ Standards for BDsSIFMAs CEO, Ken Bentsen, says its legal standard would protect investors and avoid separate and inconsistent fiduciary policymaking at DOL and SEC.
June 03, 2015
Why It’s So Hard for Brokers to Act in Clients’ Best InterestsA study covered in "Freakonomics" confirms: There is more money to be made taking advantage of investors than there is acting in their best interest.
June 03, 2015
Raymond James Lands Its Biggest Recruit Ever, From Morgan StanleyThe Americas Group, based in South Florida, manages some $2.4 billion for retail and institutional clients.
June 02, 2015
Voting Begins for 25th Annual Broker-Dealers of the YearReps of independent broker-dealers can cast their ballots, rating how wellor poorlytheir own BDs behave in annual Investment Advisor reader poll.