Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
How Health Care Will Crush the 80% Income Replacement Idea in Retirement
By Bernice NapachRetirees planning to replace 80% to 85% of their income may fall short once health care is factored in, HealthView Services warns.
November 10, 2015
Caveat Empty: Most Clients Don’t Understand the Brokerage BusinessThe principle of caveat emptor went out the window when brokers started using the moniker advisor to evade the 40 Act standard.
November 10, 2015
Hatteras Splits From Crumbling RCAP as Moody’s Mulls DowngradeThe alt investment firm returns to its independent roots after 16 months with its troubled owner, RCAP, led by CEO Michael Weil.
November 10, 2015
Raymond James Adds Billion-Dollar Group in GuamThe Asia Pacific Group was formerly with Morgan Stanley, where it had about $3 million in yearly production.
November 10, 2015
TD Ameritrade CEO Tomczyk to Retire; Board Taps Hockey as ReplacementTim Hockey, to become CEO in September, is the head of TD Bank Groups Canadian banking and wealth management business.
November 09, 2015
Apollo Nixes Part of RCS Capital Deal, Shares PlungeShares of RCAP, which owns the Cetera broker-dealers, are trading at $0.50 after plans for a new company are cancelled.
November 09, 2015
Changing Demography to Force Big Shift in Retirement PlanningPosting 3% to 4% economic growth 'like we had in the 70s or 80s is never going to happen, says Research Affiliates' Chris Brightman.
November 06, 2015
Wall Street and Obama gird for game of chicken on Dodd-FrankAfter failing to get enough congressional support for revisions such as a delay of strict rules known as a fiduciary standard for brokers who give retirement advice, the banking industry sees the appropriations bill as its last chance to win concessions this year.