Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA’s Proposed Broker Recruitment Bonus Rule Makes Strange Bedfellows
By Bob ClarkSIFMA and NAIFAs comment letters on FINRAs proposed rule on disclosing bonuses paid to brokers to switch BDs agree with me. Now Im worried.
February 28, 2013
Lincoln’s BD 401(k) Platform Combines Professional Management, Fiduciary ProtectionLincoln Trust is launching a retirement plan solution for BDs that combines 3(21) fiduciary protection and an investment lineup of risk-based asset allocation models.
February 28, 2013
Raymond James Retires Morgan Keegan Brand, as Tech Transition EndsRaymond James said Tuesday it had wrapped up the conversion of Morgan Keegan operations and clients into Raymond James technology systems.
February 27, 2013
12 Best & Worst Broker-Dealers: Q4 EarningsOne of the wirehouse firms produced a turnaround in profits of almost $800 million, while another reported almost $2.4 billion in losses.
February 27, 2013
Recruiting Roundup: FAs Join Morgan Stanley, Depart for BairdMeanwhile, Janney grabs advisors from Merrill Lynch and UBS.
February 22, 2013
LPL Shares Results, PlansLPL Financial said its fourth-quarter earnings declined to $36.9 million, or $0.34 a share, from $39.5 million, or $0.35 a share, a year earlier.
February 22, 2013
RJ Adds Sales, Shifts GridRaymond James Financial reported net revenues of $1.1 billion for the period ending Dec. 31, 2012.
February 19, 2013
Colorado exchange plans, brokers may dance with allCommissions could flow directly to the producers, outside of the exchange system.