Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James' Profits Take $55M Hit From Fines
By Melanie WaddellThe $55 million hit was tied to the SEC's industry sweep of firms' off-channel communications.
October 25, 2023
Lawyers Enlist State Regulators in Fight to Stop Brokers From Erasing ComplaintsPIABA is offering training for state regulators as a new FINRA rule gives them new authority in expungement cases.
October 24, 2023
10 Habits That Keep Families WealthyMost wealthy families lose it all in three generations, psychologist Courtney Pullen says.
October 24, 2023
7 Client Portfolio Nightmares, Resolved: Advisors' AdviceAdvisors told us how they stopped these petrifying portfolio blunders from haunting their clients.
October 24, 2023
LPL Adds Tax Planning Service for AdvisorsThe offering pairs the firm's tax professionals with advisors to create proposals to improve clients' financial outcomes.
October 20, 2023
New Custody, Clearing Firm Launches With Ex-Hightower Exec at HelmCatherine "Cat" Davies, previously Hightower chief solutions officer, was picked to lead Innovayte.
October 20, 2023
Commonwealth to Open, Hire Staff for New Home OfficeThe expansion comes as other big firms close offices and conduct layoffs.
October 19, 2023
Ex-Broker Who Used Client Funds to Pay Taxes, Buy Race Car Items Gets 10-Year SentenceThe judge also ordered the former broker to pay $3.5 million in restitution.