Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
TD Ameritrade CEO Points to Soft Trading in 20% Profit Drop
By Joyce HansonPresident and Chief Executive Fred Tomczyk said earnings and revenue were right on consensus, though he did acknowledge that TD Ameritrades trades were down at a rate of 51,000 per day.
April 12, 2012
SunAmerica Reshapes Its Distribution ChannelsAIGs SunAmerica Financial Group unit is reorganizing to consolidate and expand its distribution channels.
April 12, 2012
Lenders Again Dealing Credit to Risky Clients (New York Times)Some might consider banks lending to subprime borrowers again to be a good sign.
April 11, 2012
Boomers Could Inherit TrillionsAccording to a Cornell University study, baby boomers are in line to inherit $10 trillion over the next few years. Author Scott Schultz likes closed-end funds to reach them.
April 11, 2012
Boomers Could Inherit TrillionsAccording to a Cornell University study, baby boomers are in line to inherit $10 trillion over the next few years. Author Scott Schultz likes closed-end funds to reach them.
April 11, 2012
Show Me the Data: A Dose of Reality in Fiduciary DebateWhy is the broker-dealer industry so concerned about the client costs of a fiduciary standard? They arent. That argument was simply a red herring.
April 10, 2012
Fierce Opposition to Labor Department’s Fiduciary ProposalAs comments from the House committee hearing over the redefinition make clear, opposition to the DOLs redefinition of fiduciary is bipartisan and fierce.
April 10, 2012
Most Advisors Want Independence, but Few Make Jump, Survey SaysShort-term financial goals keep many advisors in their traditional channels, according to the recruiter Mindy Diamond.