Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Options Usage Means More High-Net-Worth Clients, Study Finds: RIS 2011
By John SullivanAdvisors who use options have larger books of business and tend to be more experienced than advisors that do not use options.
October 17, 2011
Broker-Dealers to Jump on Annuity BandwagonThe current low-rate environment may be somewhat of a struggle for some investors, but carriers and advisors continue to sell annuity products, according to industry insider Jeremy Alexander.
October 13, 2011
Breakaway Brokers: More Hype Than Truth, Says ExpertVery few wirehouse advisors move to go independent each year, says Chip Roame of Tiburon Strategic Advisors at the groups San Francisco conference.
October 10, 2011
Morgan Keegan Court Victory May Actually Be ‘Enormous Defeat,’ Recruiter SaysA recent ruling by a judge overturning a $9.2 million award in Morgan Keegans favor isnt likely to give parent company Regions Financial much upside as it looks to sell the brokerage firm, experts say.
October 06, 2011
Raymond James Team Moves to RIA Model, PershingFinancial Strategy Network, a Chicago-based financial planning firm with $550 million in assets, said Thursday that it had become an RIA firm custodying its assets with Pershing Advisor Solutions and was no longer affiliated with Raymond James Financial Services.
October 05, 2011
Advisors on the Go: Barclays Adds 3, Baird Picks Up 2 and Raymond James Hires 1Barclays Wealth said Wednesday that it had hired three advisors for its Latin American ultra-high-net-worth operations, while Baird announced on the same day that it had picked up two advisors in San Francisco. On Monday, Raymond James employee-channel added a top producer in Houston.
October 03, 2011
Foes, backers weigh in on fiduciary rule delay (Pensions & Investments)The Department of Labor has decided to rethink its ongoing efforts to establish rules regarding just who is (and who is not) a fiduciary, a proposal which…
October 01, 2011
The Gold Buying GuideWith so much interest in the gold and silver market, most financial professionals are getting flooded with questions about how best to gain exposure to precious metals.