Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC’s Lack of Fiduciary Action Is Hurting Investors, Advocates Warn
By Melanie WaddellIn a letter to the SEC, a coalition provides evidence that advice to retail investors under a suitability standard is harmful.
April 14, 2014
LPL Taps Bill Morrissey to Lead Advisor ServicesBill Morrissey, head of business development, replaces Derek Bruton, who retired recently after the IBD raised concerns over his "interactions with other employees."
April 11, 2014
The Small, Generalist Broker-Dealer: R.I.P.? Who Will FailChanged perceptions about the broker-dealer model and feelings of entitlement by some reps bode ill for undifferentiated, smaller BDs.
April 10, 2014
The Small, Generalist Broker-Dealer: R.I.P.? Who Will SurviveLed by the strictures of Dodd-Frank, higher costs and tougher regulation are already putting smaller, undifferentiated BDs into trouble.
April 10, 2014
Sterne Agee to Buy WRP, Add 350 RepsThe deal could add some $600 million in assets to the Birmingham, Ala.-based firm, which is privately held.
April 10, 2014
Best Full-Service Investment Firms Ranked by Investors: J.D. Power — 2014Overall satisfaction rose, but the four wirehouses rank below the industry average.
April 07, 2014
Baird Adds Wells Fargo Advisor, Reports ’13 ResultsThe employee-owned firm has more than 725 reps nationwide, according to its latest financial report.
April 04, 2014
LPL Exec Bruton Resigns Over ‘Interactions With Other Employees’Derek Bruton, head of independent advisor services at LPL, steps down after seven years at the IBD.