Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Boomers Could Inherit Trillions
By Daniel WilliamsAccording 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.
April 10, 2012
Most Advisors Want Independence, but Few Make Jump, Survey SaysShort-term financial goals keep many advisors in their traditional channels, according to the recruiter Mindy Diamond.
April 09, 2012
Envestnet Closes on Prima Capital AcquisitionPrimas Gib Watson becomes group president of Envestnet | Prima in latest expansion by Envestnet.
April 06, 2012
TD Ameritrade’s Sales Chief Vows to Keep Pounding Fiduciary ‘Advocacy Drum’Peter Dorsey says he will work on continuing to attract breakaway brokers to TDAI custody platform; sees ongoing trend on tuck-ins.
April 05, 2012
ERISA Fiduciary Fix Offers Broker-Dealers Big OpportunityA little known Department of Labor regulation has the potential to expand the reach of investment advice, improve its quality and untap a substantial flow of retirement money in motion.
April 05, 2012
Jinks of Raymond James on Ins and Outs of Advisor AcquisitionsNew head of RJs practice management and acquisitions operations notes one benefit of a wirehouse broker going independent: the tax consequences when he sells.
April 05, 2012
Pressure mounts to apply fiduciary duty to all broker-dealersConsumer Federation of America to the Certified Financial Planner Board of Standards, Inc. to the National Association of Personal Financial Advisors all tell SEC: Extend fiduciary, don't listen to complaints about commissions.
April 05, 2012
SagePoint Hires Dee Morgan to Head RecruitingMorgan joins the organization as senior vice president of recruiting and will lead a team focused on attracting independent, wirehouse and hybrid advisors to the Phoenix-based firm.