Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Eastbridge Survey: Benefit Brokers Gain Voluntary Market Share in 2011
By Warren S. HerschSales of voluntary insurance products rose in 2011 to $5.5 billion in premium, fueled chiefly by the largest producer channel, benefit brokers, according to a new report.
May 31, 2012
Broker-Dealer and RIA Executives’ Top Concern: InnovationA Fidelity Investments poll finds that broker-dealer and RIA executives believe the greatest concern for the industry today is increasing competition and the need to differentiate.
May 31, 2012
Janney Grabs Morgan Stanley Rep, Aims to Grow Advisor Headcount 5%The firm has added 15 reps this year from Merrill Lynch, Morgan Keegan and other broker-dealers and plans to hire 25 to 30 more, said private client group president Jerry Lombard.
May 30, 2012
Wells Fargo’s Peluso Moves From FiNet to Head First ClearingWells Fargo's FiNet announced Tuesday that the firms president, John Peluso, has been named president of First Clearing Correspondent Services.
May 29, 2012
Raymond James’ Helck on Fiduciary Standard: ‘No Problem,’ but ‘Devil in the Details’The head of Raymond James Private Client Group worries that the 40 Act doesnt work when it comes to non-discretionary accounts, so need exists to write new fiduciary rules.
May 29, 2012
Why FINRA Is the Right SRO for RIAsFSI Chairman Joe Russo lays out the FSIs arguments for FINRA as the best SRO for RIAs, and says 75% of FSI advisor members concur with the group's position.
May 25, 2012
Fidelity, Schwab, Scottrade Wrestle With Facebook FalloutNASDAQ now counts 30 million improperly executed shares.
May 25, 2012
Why I Chose A Career in InsuranceMany college students are opting for careers in "cool" industries. Here's why one recent graduate bucked the trend.