Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Citi Wealth Services Head to Leave After Three Decades
By Ambereen Choudhury & Chanyaporn ChanjaroenThe shift was announced by newly appointed wealth management chief Andy Sieg, formerly with BofA Merrill.
November 17, 2023
Why Firms May Reverse Course on AI Plans in 2024: ForresterThe emerging technologies likely won't yet be ready to deliver objective advice, says a senior financial analyst.
November 16, 2023
LPL to Distribute Prosperity Life Indexed AnnuityOne of the indexes is designed to perform well when inflation runs high.
November 15, 2023
LPL Rolls Out HNW 'Private Wealth' ChannelThe firm says the new channel offers wirehouse-like services without the shifting pay grids or sales targets.
November 09, 2023
SEC Bars Ex-Edward Jones Rep Who Defrauded Clients Out of $800KRonald T. Molo, accused of using client money to pay for two cars, has been sentenced to two years in prison.
November 09, 2023
JPMorgan Is Working With Regulators on Generative AI ProjectsThe bank has applied to trademark IndexGPT, a pilot program that aims to offer investment advice to customers.
November 08, 2023
Baird to Pay $519K Over Excessive Mutual Fund Sales ChargesCustomers didn't receive sales charge waivers and fee rebates to which they were entitled.
November 08, 2023
Citigroup to Pay $25.9M for Armenian-American DiscriminationFrom 2015 to 2021, it singled out credit card applicants suspected of being of Armenian descent based on their surnames.