Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
New Effort to Reduce Drug Shortages a Small Step (BenefitsPro)
By Staff WriterUnprecedented drug shortages are threatening the lives of cancer patients and other seriously ill people, and the Obama administration's plan to tackle them is just a small step toward solving a complex problem
November 01, 2011
The Decline of Insurance-Owned Broker-DealersFrom 1990 up until a few years ago, insurance companies dominated broker-dealer acquisitions in order to gain greater control over insurance product distribution.
October 31, 2011
Safety firstIn turbulent economic times, ensuring clients dont lose money is the best strategy.
October 31, 2011
MF Global Bankruptcy Spooks Investors; First U.S. Casualty of Europe’s Debt CrisisMF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection in what is seen as the first major U.S. casualty of Europe's debt crisis.
October 28, 2011
Barclays Adds 6 Advisors, 2 From BofABarclays Wealth said Friday that it recently hired six advisors, including one from Merrill Lynch and one from BofA-U.S. Trust in New York, Boston, Dallas and Miami.
October 28, 2011
Wirehouses to Lose 8% in Market Share, Average AUM Up 10%: CerulliCerulli reports that wirehouse broker-dealers had 43% of industry assets in 2010, an estimated 40% today and an expected 35% by 2013 representing an 8% decline.
October 27, 2011
LPL Increases Profits, Revenue in Q3; 782 Net New Reps in 2011Parent company of largest independent broker-dealer adds $3 billion in net new advisory assets in third quarter; nearly doubles assets in RIA custody unit, to $20 billion
October 27, 2011
Fidelity: How to Take Advantage of '$700 Billion' Mass Affluent OpportunityNew research from Fidelity Institutional seeks to help advisors to take advantage of what they call the $700 billion mass affluent opportunity.