Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
RBC to Buy City National, Boost U.S. Wealth Operations
By Janet LevauxThe U.S. operations of the Canadian bank currently include about 2,000 reps and $280 billion in assets.
January 23, 2015
White House Memo Offers a Peek at DOL Fiduciary StrategyTwo top Obama economic advisors write in an internal memo that DOL should tighten broker rules; they share some details from the long-awaited fiduciary redraft.
January 23, 2015
More Focused, Less Frequent Marketing Gets Advisors’ AttentionProduct providers efforts to reach financial advisors may be for naught if they dont ease up on how often theyre communicating with them.
January 22, 2015
Raymond James Tops Estimates as Private Client Sales Rise 8%The number of advisors jumped by 79 in the latest quarter to 6,336.
January 20, 2015
NY Fed’s Dudley, CFAs: Industry Has a Big Trust Problem. Are Advisors the Solution?To restore investors' trust, Wall Streets leaders must lead by actions, not words, but advisors themselves are part of the solution.
January 16, 2015
Schwab Posts Record '14 Profits, Sales; New Client Assets Hit $124.8 BillionNet income was up 23% for year to $1.3 billion on 11% rise in revenues to $6.1 billion; client assets up 10% to $2.46 trillion.
January 16, 2015
Raymond James Picks Up $1.3M Rep From UBSAlso, Stratos Wealth added two advisors near Columbus, Ohio.
January 14, 2015
Broker licensing bill signed into lawBrokers lives are (hopefully) about to get a little easier.