Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Kicks Off Its IPO, in Much Anticipated Move
By Janet Levaux, Jane Wollman RusoffLPL's IPO successfully passed its first test, as its shares rose 7% in trading Thursday, closing at $32.15 with 8 million shares traded.
November 18, 2010
LPL IPO: Trading Comes as Deals Flood the MarketIn the week that LPL Financial has launched its IPO, the financial services IPO market has returned to a position of strength after passing through an unwelcoming summer period.
November 17, 2010
LPL IPO: Commonwealth’s Rooney on the Benefits of Private OwnershipJohn Rooney, managing principal of Commonwealth Financial's San Diego office, says that among the leadership ranks of the independent B/D where he's spent the last 22 years, there are no regrets on staying privately owned.
November 17, 2010
LPL Gets a $30/Share Price for Its IPOThe underwriters for LPL Financial, the largest independent broker-dealer, late Wednesday priced its initial public offering of stock, set for Thursday, Nov. 18, at $30/share.
November 17, 2010
LPL IPO: Elliot Weissbluth on the Pros, and Cons, of Going Public"We're all watching LPL pretty carefully," says Elliot Weissbluth, CEO of HighTower Advisors, "and hopefully its IPO is well received, because it will show health in the IPO market, and health in a business model that we're, frankly, quite interested in."
November 17, 2010
What’s Behind Barclays and Baird's Recent Recruiting Success?A look at the pros and cons of joining these firms from the wirehouses and why the emergence of more players is a welcome development for the advisor marketplace
November 17, 2010
What’s Behind Barclays and Baird's Recruiting Success?A look at the pros and cons of joining these firms from the wirehouses and why the emergence of more players is a welcome development for the advisor marketplace
November 16, 2010
Ben Edwards Opens 12th BranchThe brokerage firm adds five advisors, including some from Wells Fargo, in Danbury, Conn.