Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Best Finance Tweets of the Month: September
By Katie RassOn Sept. 1, Scotland was weighing self-rule, Derek Jeter was ruling baseball and Bill Gross was reigning over PIMCO. A different era, it was.
September 29, 2014
SEC's Uniform Fiduciary Rule Could ‘Haunt’ AdvisorsCreating a uniform fiduciary duty rule for brokers and advisors is a deeply flawed concept, Robert Plaze, the former deputy director of the agency's Division of Investment Management, said in September.
September 29, 2014
RCS to Add Girard; Renames IBD GroupRCS Capital has said it is buying independent broker-dealer Girard Securities. The news came right after RCAP said its rapidly growing IBD network will…
September 29, 2014
FINRA Rejects Claim Tied to Departing RepsFINRA arbitrators have rejected a $15 million claim by Charles Schwab against Morgan Stanley.The dispute centered on Schwab's accusations that Morgan Stanley…
September 29, 2014
RCAP's Crowdfunding Site: A Smart Move?RCS Capital (RCAP) introduced a platform in September called We Are Crowdfunding that lets accredited investors and others buy public and private offerings online by pooling their resources.
September 29, 2014
Experimenting With New Compensation ModelsThe variety of fee structures is growing, as advisors fine-tune offerings for a changing client base.
September 29, 2014
Advisor Prepares Pro Athletes for Life After SportsLee Rawiszer creates lifetime plans for incomes at risk of meteoric rises and crashes sometimes after meeting the client for less than 15 minutes.
September 25, 2014
Bruton's Lucia Capital Seals First Deal, Adds $170M in AssetsThe group, led by ex-LPL exec Derek Bruton, acquires client assets and two professionals; plans more purchases.