Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Envestnet Closes on Prima Capital Acquisition
By James J. GreenPrimas Gib Watson becomes group president of Envestnet | Prima in latest expansion by Envestnet.
April 05, 2012
Jinks of Raymond James on Ins and Outs of Advisor AcquisitionsNew head of RJs practice management and acquisitions operations notes one benefit of a wirehouse broker going independent: the tax consequences when he sells.
April 05, 2012
Pressure mounts to apply fiduciary duty to all broker-dealersConsumer Federation of America to the Certified Financial Planner Board of Standards, Inc. to the National Association of Personal Financial Advisors all tell SEC: Extend fiduciary, don't listen to complaints about commissions.
April 05, 2012
SagePoint Hires Dee Morgan to Head RecruitingMorgan joins the organization as senior vice president of recruiting and will lead a team focused on attracting independent, wirehouse and hybrid advisors to the Phoenix-based firm.
April 04, 2012
Raymond James Taps Former Morgan Keegan CEO to Lead Fixed-Income GroupThe fixed income and capital markets group will be led by John Carson Jr., former CEO of Morgan Keegan.
April 04, 2012
Cetera Completes Genworth Financial AcquisitionCetera Financial Group, the renamed and rebranded broker-dealer group once owned by ING and now owned by the private equity firm Lightyear Capital, announced on Monday that it has completed the acquisition of Genworth Financial Investment Services.
April 04, 2012
Woodbury CEO: ‘Business as Usual’ as Hartford Prepares to Sell BDCEO Patrick McEvoy suggests the increase in average production will make Woodbury a more attractive buy.
April 04, 2012
Barclays Adds 2 Ex-Morgan Stanley Advisors in LAThe boutique firm has added eight advisors to the branchwith $2.7 million in assets and about $32 million in trailing-12-month productionin the last six months.