Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fed Leaves Rates Unchanged, Signals One More Hike This Year
By Craig TorresThe FOMC held its target range for the federal funds rate at 5.25% to 5.5%, while it aims to ensure inflation decelerates.
September 18, 2023
5 Myths That Stop Women From Becoming AdvisorsMany women are turned off by outdated ideas about what advisors do, Peggy Ruhlin says.
September 18, 2023
LPL Nabs $1.2B Father-Son Team From Morgan StanleyThe Francis Group opted to affiliate with LPL Strategic Wealth Services, LPL's supported independence business model.
September 18, 2023
IRS to Hire 3,700 Agents to Audit Wealthy Tax DodgersThe new hires will be specialized agents focused on high earners and complex partnerships, the IRS says.
September 15, 2023
Ex-Wells Fargo Exec Avoids Prison Over Accounts ScandalCarrie Tolstedt agreed to a ban on working in the banking industry and to pay $21 million in civil penalties to regulators.
September 15, 2023
Here's Why Schwab Continues to Lose TD Advisory AssetsIn August, its core net new assets fell 64% from July to $4.9 billion; they dropped 89% year over year.
September 14, 2023
8 Marketing Rule Documents the SEC Requests During ExamsThe agency has already fined firms that have failed to comply, and it's looking for more offenders.
September 12, 2023
Trade Groups Plead With SEC to Rethink Custody Rule PlanIndustry groups also want the SEC to withdraw its plan that addresses conflicts when BDs and advisors use AI.