Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James to Purchase Morgan Keegan From Regions
By Janet LevauxSt. Petersburg, Fla.-based Raymond James Financial said on Jan. 11 that it would buy Memphis-based Morgan Keegan from Regions Financial in a $930-million stock transaction.
January 25, 2012
Raymond James Meets Estimates as Results Weaken: Q1 FY 2012Private-client revenue grows 2% to $528.6 million as the number of financial advisors rises slightly.
January 25, 2012
Best Practices and Worst Pitfalls of Great Companies: FSI OneVoice 2012In a rapid-fire, and at times emotional, closing keynote on Tuesday, author and business consultant Simon Sinek implored audience members at FSIs conference in Orlando to go beyond the norm in how they think of themselves, their product and their clients.
January 24, 2012
Wells Fargo Grabs 7 From UBS, Morgan StanleyWells Fargo has hired seven advisors, including one joining its FiNet unit, that have about $5.8 million in yearly fees and commissions and about $730 million in total assets.
January 24, 2012
Top 10 Trends in Wealth Management for 2012Whither wealth management? The industry will continue to undergo radical changes that began in 2008, says Aite Group in a detailed report.
January 24, 2012
FSI Doubles FA Membership in One Year. Will They Stay?: FSI OneVoice 2012FSIs senior staff and leadership discussed the organizations strong growth rate, regulatory challenges faced by IBDs and the issues they face when attempting to bring quality, affordable financial advice to middle America.
January 23, 2012
FSI OneVoice 2012: Warning to Regulators From Spider-Man, Other IBD LeadersAt annual confab of independent BD leadership, Jim Nagengast, conference chairman, opened the forum espousing industry unity and warned Washington to not abuse its regulatory power.
January 20, 2012
Wirehouse Push Into Indie-BD Space Could Follow Wells’ ModelBut making a semi-independent or fully independent channel work within the wirehouse world is no easy feat, experts say.