Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Wirehouses to Lose 8% in Market Share, Average AUM Up 10%: Cerulli
By Janet LevauxCerulli reports that wirehouse broker-dealers had 43% of industry assets in 2010, an estimated 40% today and an expected 35% by 2013 representing an 8% decline.
October 26, 2011
Ameriprise Misses Estimates, but Boosts Advisor Force: Q3 EarningsThe company now has 9,714 FAs and says it has improved its retention levels, margins.
October 24, 2011
Regions' Latest Move Could Propel Sale of Morgan Keegan, Say ExpertsRegions Financial Corp. is offering potential suitors for its Morgan Keegan broker-dealer up to $200 million in financing, according to a report released Sunday.
October 21, 2011
IAA’s Tittsworth: Fiduciary Ruling Likely in Q1 of 2012: RISAt Retirement Income Symposium, David Tittsworth provides recent history and likely next developments on fiduciary standard for all.
October 20, 2011
FSI Sharply Hikes BD Members’ Dues to Boost Lobbying EffortsThe FSI said that its board of directors voted unanimously to expand its reach on Capitol Hill and in the states and that a boost in its BD members dues will help the lobbying group.
October 20, 2011
Annuities Find New Opportunities with Banks, Broker-DealersAlan Grissom explains the changes and opportunities in the annuities field, as such disparate entities as banks and broker-dealers, among others, have already begun to jump on the annuity bandwagon.
October 20, 2011
Annuities Find New Opportunities with Banks, Broker-DealersAlan Grissom explains the changes and opportunities in the annuities field, as such disparate entities as banks and broker-dealers, among others, have already begun to jump on the annuity bandwagon.
October 19, 2011
Raymond James’ Income Flat as Advisor Headcount Rises: Q3 EarningsPrivate-client sales for the past 12 months were nearly $2.2 billion, a 15% increase over the 2010 fiscal year.