Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
DTCC Releases March and 1Q Annuity Product Activity
By Bill CoffinInflows and net flows have increased in each of the first three months of 2012, breaking a declining trend in 2011, the Depository Trust & Clearing Corp. has announced.
April 17, 2012
Motion: That Serving a Client’s Best Interests Needn’t Be ComplicatedWe can have a minimum set of standards that tell us what the 'best interest of the client' means.
April 17, 2012
TD Ameritrade CEO Points to Soft Trading in 20% Profit DropPresident and Chief Executive Fred Tomczyk said earnings and revenue were right on consensus, though he did acknowledge that TD Ameritrades trades were down at a rate of 51,000 per day.
April 16, 2012
Morgan Keegan Fined for Pension Investment KickbacksThe EBSA announced Monday that it had fined Morgan Keegan $634,000 for violating its fiduciary obligations to 10 pension plans.
April 12, 2012
5 Tips to ‘Spring-Clean’ a PortfolioEvery year at springtime, daffodils bloom, robins hunt for worms and people file their taxes. Its this last item thats a reminder to advisors that now is also the time to clean client portfolios.
April 12, 2012
SunAmerica Reshapes Its Distribution ChannelsAIGs SunAmerica Financial Group unit is reorganizing to consolidate and expand its distribution channels.
April 12, 2012
Lenders Again Dealing Credit to Risky Clients (New York Times)Some might consider banks lending to subprime borrowers again to be a good sign.
April 11, 2012
Boomers Could Inherit TrillionsAccording to a Cornell University study, baby boomers are in line to inherit $10 trillion over the next few years. Author Scott Schultz likes closed-end funds to reach them.