Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ex-LPL Broker Sentenced to 15 Years in Prison for Stealing $1.3M From Client
By Jeff BermanPatrick Noel Thayer was convicted of defrauding a client and raiding her investment proceeds.
October 05, 2023
Goldman's Create-Your-Own ETF Hub for Clients Debuts First FundsThe consulting service is the first of its kind among the large Wall Street banks.
October 05, 2023
FPA Rolls Out Membership Program for Ameriprise-Affiliated AdvisorsThe program includes a group discount on FPA's dues for Ameriprise's network of independent advisor practices.
October 04, 2023
Cetera Picks Up More Funding From Major InvestorThe news comes a month after Cetera said it was buying Avantax.
October 04, 2023
Final DOL Independent Contractor Rule Lands at OMBThe Financial Services Institute has maintained that DOL's new rule should be withdrawn.
October 04, 2023
LPL Adds $1B Team to Employee Advisor ChannelThe three-person team joined Linsco by LPL Financial from Fifth Third Private Bank and launched PB FAM Private Wealth.
October 03, 2023
Expelled New York BD to Pay $235K for Reg BI ViolationsSW Financial recommended a risky strategy that lost money while reps collected $660,000 in commissions, the SEC said.
September 29, 2023
FINRA Suspends Ex-Ameriprise Rep Over DUI ConvictionThe former broker failed to disclose the felony conviction for nearly five years, FINRA said.