Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Report: Annuity Inflows Processed by DTCC Rose to $7.5 Billion in May
By Warren S. HerschThe report reveals that annuity inflows processed by the DTCC in May increased to $7.5 billion from $7.4 billion in April. Similarly, outflows processed in May increased by almost 4% to over $6.4 billion from less than $6.2 billion in April.
July 05, 2012
Brokers, Get Ready: Suitability Rule Set to Take EffectFirms that are already concerned about the recommendations made to clients based on their existing portfolios now have this new wrinkle: the prospective customer, lawyer Brian Rubin says.
July 03, 2012
Why a Floating NAV for Money Market Funds Is a Bad IdeaSEC Chairman Schapiros suggestion would drive up the cost of investing and doing business by imposing new record-keeping and tax reporting requirements.
July 02, 2012
HighTower Adds Ex-UBS Team; Baird Grabs Merrill, Morgan FAsThe former UBS team should go independent with about $330 million in assets, while the advisors joining Baird could bring about $460 million in AUM and $3.2 million in yearly fees and commissions.
June 29, 2012
LPL, Baird Stage Major Volunteer ProjectsRaymond James plans a large community-focused effort for August.
June 29, 2012
Top 10 RIA-Friendly Indie BDsInvestment Advisor magazines 2012 BD Reference Guide helps sort and rank IBDs in five major categories, with AdvisorOne here highlighting 10 by their accommodation to RIAs.