Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Morgan Stanley Still Dominates in FA Count; Merrill and UBS Lead in Fees, Assets per Rep
By Janet LevauxThe number of Morgan Stanley financial advisors -- including those involved in the joint venture with Smith Barney -- fell by about 50 to 18,087...
August 31, 2010
Variable Annuity Costs Fell in Second Quarter, IRI Report FindsA report released Tuesday, August 31, from the Insured Retirement Institute found the cost of variable annuities fell in the second quarter of 2010.
August 31, 2010
Fed Minutes: Economy Operating at Lower Potential Than Previously ThoughtThe minutes of the Federal Open Markets Committee's meeting on August 10 show officials confused and struggling with the issue of high unemployment.
August 31, 2010
Wirehouse Assets: Still Leading, but Losing Market ShareThe four wirehouses continue to dominate the list of sponsors of separately managed accounts for the second quarter of this year, according to a research report just issued by the Money Management Institute and Dover Financial Research.
August 31, 2010
Fidelity: WealthCentral Platform Surpasses 600 Independent Advisory Firms UsersFidelity Investments announced Tuesday, August 31, that the number of RIA client firms now using its Web-based custodial system, called WealthCentral, had surpassed 600.
August 31, 2010
S&P/Case-Shiller Index Shows Home Prices Rose 1% in JuneWith this spring's tax credit still working its way through the housing market, the price of U.S. homes rose 1% in June for the third consecutive month, according to the Standard & Poor's Case-Shiller index released Tuesday, August 31.
August 31, 2010
FINRA Alert: High-Yield Investment Programs Tied to Ponzi SchemesAttracted by promises of high returns? Think Madoff.
August 31, 2010
Rydex|SGI Advisor Confidence Falls to 16-Month Low; Consumer Confidence ImprovesFour confidence indexes, including the Rydex|SGI AdvisorBenchmarking survey and the Conference Board index, signal a bumpy ride for the U.S. economy.