Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Financial Adds $650 Mil Team
By Janet LevauxThe new group includes five advisors and was formerly affiliated with SII Investments, a National Planning Holdings broker-dealer
November 05, 2012
Envestnet Brings Holistic Wealth Management Platform to SymetraEnvestnet co-founder Jim Lumberg says the ability to see held-away client assets is a business-building opportunity for advisors.
November 05, 2012
Commonwealth to Roll Out More IA Options in Early ’13The independent broker-dealer believes more flexibility on affiliation will help it attract more breakaway brokers and give its advisors and prospects more options.
November 01, 2012
Wedbush Nabs Morgan Stanley FASouthern California-based Richard Wright moves from the wirehouse to the independent firm.
November 01, 2012
First Allied to Buy Legend GroupThe combined entity could have up to 1,500 advisors and some $30 billion in assets, after the deal with Waddell & Reed is finished.
November 01, 2012
FSI Adds Five Broker-Dealers to Its RollsFSI announced on Thursday that a number of independent broker-dealers have now made their advisors members of the advocacy organization.
October 31, 2012
Morgan Stanley Grabs Reps From Raymond James, Wells FargoThe three new advisors move to Morgan Stanley with more than $4 million in yearly fees and commissions and roughly $430 million in client assets.
October 31, 2012
LPL Tops Estimates, Boosts AssetsThe number of advisors drops from the second quarter, but is up for the year at 13,140.