Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
India restores power after massive blackouts (Al Jazeera)
By Staff WriterThe two-day blackout left 620 million without electricity. The Confederation of Indian Industry puts the loss to business in the hundreds of millions of dollars.
July 30, 2012
Commonwealth Grabs $100M Ex-LPL Team in CaliforniaFor the first six months of 2012, the broker-dealer has added about $20 million in yearly fees and commissions with some 50 advisors.
July 27, 2012
Raymond James Loses a $200M Rep, but Keeps 90% of MK AdvisorsOne recruiter says he is quite "surprised" at the retention level given the competitive compensation environment. Private Client Group President Tash Elwyn was upbeat about the firm's retention efforts.
July 26, 2012
Raymond James Celebrates 50 YearsWhile stock-market rallies have come and gone over the past 50 years, solid leadership at Raymond James has been more consistent.
July 26, 2012
Ameriprise Loses Profits but Adds Advisors, AssetsThe firm now has more than 9,800 financial advisors in its combined franchisee and employee operations.
July 26, 2012
12 Worst Financial Advisors in America: 2012AdvisorOne found BrokerCop.coms list and ranked each Advisor Horribilis from the past year in reverse order of horribleness, balancing amount of money stolen with amount of ick factor involved.
July 26, 2012
FSI to FINRA: This Is the Wrong Time for Higher FeesPart of FSIs engagement with FINRA is to let them know when they have gone too far. That is clearly the case with the substantial fee increases the organization has proposed for broker-dealers and financial advisors, increases that would hit small firms the hardest.
July 25, 2012
Raymond James Posts First Post-Acquisition ResultsIts global advisor force is close to 6,400 with more than 900 Morgan Keegan reps on board.