Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Avoiding Breakaway Protocol Missteps
By Gil WeinreichA team of Merrill Lynch advisors who left for Morgan Stanley in April were caught trying to remove boxes containing confidential customer information, becoming a cautionary tale for brokers tempted to break protocol.
August 23, 2012
Going Independent?Going independent? Already selected your new venue? Then youve already made some very big decisions about making a change and the kind of change you want.
August 23, 2012
Custodians Offer More Trust Services to BDs and RIAsEnhancements from National Advisors, Pershing and Genworth all highlight a new custodian trend: helping advisors retain trust assets with powerful custody platforms.
August 23, 2012
Court Rules Brokers Are Independent Contractors, Not EmployeesThe victory for Waddell & Reed has potentially far-reaching consequences for BDs because the brokers filing suit alleged that some SEC and FINRA regulations indicated the sort of control found in an employee relationship.
August 23, 2012
Investment Advisor’s 2012 Broker-Dealers of the Year—David Stringer: VideoEditor-in-Chief John Sullivan talks to the president of Prospera Financial Services and Division I winner of the 2012 Broker-Dealers of the Year about personalized service and working efficiently with fewer resources.
August 22, 2012
Fee-Based Accounts Contribute to Steep Revenue Growth: StudyThe results find that fee-based advisors grew 47% over three years.
August 22, 2012
Fiduciary Rule Could Be Years Away: Industry ExpertsKnut Rostad, president of the Institute for the Fiduciary Standard, told AdvisorOne on Wednesday that regulators will most likely "continue to punt" the fiduciary issue.
August 22, 2012
China bubble in “danger zone” warns Bank of JapanJapan sounding the alarm on Chinas economic bubble carries authority and amusement.