Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Slim Chance to Stop DOL Fiduciary Rule, but Brokers Must Keep Fighting: Rep. Mulvaney
By Melanie WaddellMulvaney told Commonwealth reps to tell senators that we will no longer be able to serve middle-class people who need us the most.
November 12, 2015
Stock Jocks Get Their Knocks at BDsThe number of transactional representatives will shrink further as their risk versus reward to BDs no longer supports their businessand compliancemodels, Jon Henschen writes.
November 11, 2015
How Health Care Will Crush the 80% Income Replacement Idea in RetirementRetirees planning to replace 80% to 85% of their income may fall short once health care is factored in, HealthView Services warns.
November 11, 2015
Recruiting Roundup: UBS Adds $2B Advisors as Merrill Picks Up $1B RepsMeanwhile, Morgan Stanley and Raymond James share their recruiting news, and a group breaks away to work with Dynasty.
November 11, 2015
BrokerCheck Can Help Predict Investor Harm, FINRA Study FindsThe BrokerCheck database is a significant predictor of brokers who may ultimately do investors wrong, two FINRA chief economists say.
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.