Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Genworth Swings to a Profit, Disappoints Analysts
By John SullivanOperating earnings were $0.24 per share; Wall Street expected $0.28 per share
July 29, 2010
TD Ameritrade Rolling Out Data Integration Plan for Tech PlatformTD Ameritrade begin testing with application providers in weeks, and to advisors on Veo platform in months.
July 29, 2010
BofA's Krawcheck Unveils Merrill's Affluent Investor SurveyOn a conference call on July 28, Sallie Krawcheck, president of Bank of America Global Wealth & Investment Management, revealed the results of the Merrill Lynch Wealth Management Affluent Insights Quarterly survey of 1,000 affluent investors.
July 29, 2010
Fidelity Sees Big Uptick in Brokers Moving to IndependenceFidelity Investments helped some 95 individual brokers and teams, with nearly $7 billion in assets under management, transition to independence in the first half of 2010, the firm announced Wednesday, July 28.
July 29, 2010
Allianz Hires 11 Annuity WholesalersSales efforts will focus on financial advisors at large broker-dealers, banks and wirehouses
July 28, 2010
Ameriprise Financial Improves Earnings on Lower FA HeadcountAmeriprise, which includes Securities America, now has 11,684 advisors vs. 12,508 in the same year-ago period.
July 28, 2010
FinaMetrica's Davey Talks of Risk Profiling for ClientsGeoff Davey, co-founder of Sydney, Australia-based FinaMetrica, spoke about how to use psychometrics to measure client attitudes toward risk, at the fi360 National Conference in May.
July 28, 2010
Durable Goods Orders for June Fell for Second Month in a Row, Down 1.0% From MayFor the second month in a row, new orders for manufactured durable goods in June fell, posting a loss of $2.0 billion, or 1.0%, following a 0.8% decrease in May, the Commerce Department reported.