Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Team Jumps to Raymond James, Buys a Practice
By Janet LevauxThe merged practice, based in Tennessee, should have about $150 million in assets under management.
September 11, 2012
Pershing Democratizes Managed Accounts With NetX360 Tech UpgradePershing Managed Account Solutions' Steve Dunlap says Pershing's NetX360 technology platform has helped bring managed accounts to the mass market.
September 06, 2012
Palaveev Forms Team-Based Consulting Firm for AdvisorsThe Ensemble Practice will focus on what Philip Palaveev says are the building blocks of the future of the industrysmall ensemble practices looking to build businesses.
September 05, 2012
Young Advisor Reveals ‘Huge Opportunity’ to Grab Profitable Books of Business"Fewer people are entering the business while more people are exiting due to age and retirement," says John Arnold of AXA Advisors, explaining his strategy.
September 05, 2012
Morgan Stanley Loses Two Teams, Ex-NFL Player to Barclays, AmeripriseThe New York group includes ex-Jets receiver Wayne Chrebet, while the New Haven team moves with close to $1 million in production.
September 04, 2012
Why Focus Only on the Surface Costs of Fiduciary Advice?Its time we started talking about what financial consumers are giving up in return for their free advice.
September 04, 2012
4 Merrill Teams Go Indie With More Than $1BThe breakaway brokers join HighTower and Dynasty Financial in the West.
September 04, 2012
Cetera Rebrands Its Four BDsCetera Financial Group announced Tuesday that it was embarking on a unified rebranding that would change the names of its four broker-dealers, but would not change the way Cetera and its firms operate.