Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Facebook: Work in progress (Economist)
By Staff WriterFacebook has initiatives underway to boost revenue off the members it already has.
August 01, 2012
India restores power after massive blackouts (Al Jazeera)The two-day blackout left 620 million without electricity. The Confederation of Indian Industry puts the loss to business in the hundreds of millions of dollars.
July 31, 2012
AIG Advisor Group Buys Woodbury FinancialThe wait is over. AIG and The Hartford announced Tuesday evening that the insurance giants had signed a definitive agreement to make Woodbury Financial Services part of AIGs Advisor Group
July 31, 2012
LPL Adds 223 Advisors as Profits Drop 13%In a repeat from last quarter, LPL Financial reported that quarterly profits were down although revenues were up.
July 30, 2012
Commonwealth Grabs $100M Ex-LPL Team in CaliforniaFor the first six months of 2012, the broker-dealer has added about $20 million in yearly fees and commissions with some 50 advisors.
July 27, 2012
Raymond James Loses a $200M Rep, but Keeps 90% of MK AdvisorsOne recruiter says he is quite "surprised" at the retention level given the competitive compensation environment. Private Client Group President Tash Elwyn was upbeat about the firm's retention efforts.
July 26, 2012
Raymond James Celebrates 50 YearsWhile stock-market rallies have come and gone over the past 50 years, solid leadership at Raymond James has been more consistent.
July 26, 2012
Ameriprise Loses Profits but Adds Advisors, AssetsThe firm now has more than 9,800 financial advisors in its combined franchisee and employee operations.