Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fidelity, Schwab, Scottrade Wrestle With Facebook Fallout
By John SullivanNASDAQ now counts 30 million improperly executed shares.
May 24, 2012
LPL Financial Boosts FAs, SalesLPL Financial said its first-quarter net income was $41.2 million, or $0.37 per share, down $7.8 million compared with net income of $49.0 million, or $0.43 per share, from a year earlier.
May 24, 2012
SEC, FINRA Enforcement RoundupBroker-dealer Cadaret, Grant fined; alleged $60 million Ponzi scheme targeted; Morgan Stanley in hotseat.
May 24, 2012
Raymond James Shows Morgan Keegan Effect on April Results for FAsThe combined advisor force generated more than $250 million in total fees and commissions with Morgan Keegan FAs adding nearly 25% boost.
May 24, 2012
Raymond James’ Curtis Voices Qualified Support for Fiduciary StandardIn his coming-out as successor to Dick Averitt at Raymond James' independent contractor arm, Curtis says he would like to see better definition of an "FA-level" fiduciary standard.
May 23, 2012
Kickstarter for Wall Street? Broker-Dealers Get Into the Crowdfunding GameIts official: the money people are rallying to the crowd-funding cause.
May 23, 2012
Advisors Deliver Two-Thirds of Raymond James Revenue, Says CEO ReillyBidding to be the premier alternative to Wall Street, Raymond James focuses on service and technology and is seeing particular recruiting success in its employee BD unit.
May 22, 2012
The 2012 Broker-Dealer Presidents’ PollInvestment Advisor magazine asked the presidents at top broker-dealers about challenges to their business, their reps and their futures.