Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James to Buy Deutsche Bank U.S. Private-Client Unit
By Donal Griffin, Katherine ChiglinskyThe unit has about 200 advisors with about $50 billion of client assets and $300 million of revenue.
December 02, 2015
RCS Capital Running Out of Cash as It Shuts Wholesale Unit: Moody’sAs RCAP winds down its once-lucrative REIT wholesale activities, the "underperforming" Cetera BD group isn't generating enough cash flow to service RCAP's debt, Moodys warns.
December 02, 2015
Fiduciary vs. Broker: It’s a Matter of CostHere's what I think caused the rift between brokers and their BDs.
November 30, 2015
Rethinking Best Practices for FiduciariesThe FPA won a 2007 lawsuit stopping the SEC from expanding the broker exemption, but was it a victory for investors?
November 30, 2015
A Slingshot for David(s)?Over the years in this space, Ive pleaded for independent advisors and their associations to dispense with infighting to advocate for their shared constituencies.
November 30, 2015
Experts: ‘Post-DOL World’ Is ComingThe FSI left attendees of the Financial Advisor Summit with a sober reminder of what lies ahead: a final version of DOL's new fiduciary rule is expected in early 2016.
November 24, 2015
Why Advisors Ignore ESG Investing at Their PerilAdvisors who fail to understand the growing popularity of investing according to environmental, social and governance principles risk falling behind their competition.
November 24, 2015
Recruiting Roundup: UBS, Others Nab More Credit Suisse RepsMeanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.