Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James: Advisor Results Up 21% in February
By Janet LevauxAverage fees and commissions in February were about $35,000 per FA, or $181 million for all 5,300 Raymond James advisors, says CEO Paul Reilly.
March 22, 2011
As Ameriprise Hopes to Mediate New Settlement, Securities America Reps Look to Jump ShipWhile Ameriprise Financial will likely be stepping in soon to mediate a settlement regarding its embattled broker-dealer subsidiary, Securities America, recruiters say that many Securities America reps are already contemplating jumping ship.
March 22, 2011
Envestnet Continues Expansion With Two More High-Profile HiresJohn Fitzpatrick, ex-Fidelity, and Sean Mullen, ex-Fortigent join Envestnet in sales, SMA consulting roles.
March 21, 2011
Rejection of Securities America Settlement Has Wide-Ranging ImplicationsState securities regulators hail judge’s decision as protecting investors’ interests, but trouble looms for the broker-dealer, and perhaps for other BDs.
March 20, 2011
Judge Rejects Securities America Class Action Settlement in Big Blow to BDProvident, Medical Capital ruling has wider implications for broker-dealer industry.
March 16, 2011
SagePoint Financial’s Jeff Auld on Crisis Management, BD Recruiting and Social Media MarketingHe’s learned from AIG’s troubled past, and is looking forward to the SagePoint’s future.
March 16, 2011
Palmer Square Hires JPMorgan Trading Head, and Founder's Wife, as CIOAngie Knighton Long will join her husband, who's the founder, at the Kansas-based capital management firm.
March 15, 2011
Investors Cap Sale to Another Indie BD Appears UnlikelyChairman Ted Charles' filing is not the 'usual' route for the future sale of an independent broker-dealer, industry experts explain.