Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
New Effort to Reduce Drug Shortages a Small Step (BenefitsPro)
By Staff WriterUnprecedented drug shortages are threatening the lives of cancer patients and other seriously ill people, and the Obama administration's plan to tackle them is just a small step toward solving a complex problem
October 31, 2011
Safety firstIn turbulent economic times, ensuring clients dont lose money is the best strategy.
October 28, 2011
Barclays Adds 6 Advisors, 2 From BofABarclays Wealth said Friday that it recently hired six advisors, including one from Merrill Lynch and one from BofA-U.S. Trust in New York, Boston, Dallas and Miami.
October 28, 2011
Wirehouses to Lose 8% in Market Share, Average AUM Up 10%: CerulliCerulli reports that wirehouse broker-dealers had 43% of industry assets in 2010, an estimated 40% today and an expected 35% by 2013 representing an 8% decline.
October 27, 2011
LPL Increases Profits, Revenue in Q3; 782 Net New Reps in 2011Parent company of largest independent broker-dealer adds $3 billion in net new advisory assets in third quarter; nearly doubles assets in RIA custody unit, to $20 billion
October 27, 2011
Fidelity: How to Take Advantage of '$700 Billion' Mass Affluent OpportunityNew research from Fidelity Institutional seeks to help advisors to take advantage of what they call the $700 billion mass affluent opportunity.
October 26, 2011
Ameriprise Misses Estimates, but Boosts Advisor Force: Q3 EarningsThe company now has 9,714 FAs and says it has improved its retention levels, margins.
October 24, 2011
Regions' Latest Move Could Propel Sale of Morgan Keegan, Say ExpertsRegions Financial Corp. is offering potential suitors for its Morgan Keegan broker-dealer up to $200 million in financing, according to a report released Sunday.