Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James’ Deutsche Deal a ‘Clever’ Recruiting Strategy
By Janet LevauxIn buying Deutsche Bank's U.S. wealth unit, Raymond James is well-positioned to attract boutique advisors just as many boutiques are closing, recruiter Mark Elzweig says.
December 04, 2015
5 Not-So-Bold Regulatory Predictions for 2016The sheer volume of complicated rulemaking that is pouring out of Washington bodes well for securities attorneys' billable hours but not for advisors' bottom lines.
December 03, 2015
Raymond James to Buy Deutsche Bank U.S. Private-Client UnitThe unit has about 200 advisors with about $50 billion of client assets and $300 million of revenue.
December 03, 2015
SIFMA Outlines 2016 PrioritiesSIFMA CEO and President Ken Bentsen listed the trade associations major initiatives, starting with cybersecurity.
December 02, 2015
Recruiting Roundup: Ameriprise Picks Up 5 RepsMeanwhile, Raymond James brings on a new employee advisor from Wells Fargo.
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?