Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Twitter, Facebook Confusion? LIMRA/LOMA to Offer Advisors Social Media Help
By John SullivanLIMRA and LOMA are offering help to financial services professionals by hosting a seminar on the various business opportunities and challenges that social media presents.
July 19, 2010
LaCrosse Global Fund Services to Buy BofA Merrill Lynch Administration BusinessLaCrosse Global Fund Services announced it has agreed to acquire the global alternative fund administration business of Bank of America Merrill Lynch, subject to regulatory approval.
July 19, 2010
J.D. Power Survey: Client Satisfaction With Brokerage Firms ImprovesStudy says overall satisfaction is up for customers of full-service firms, but more investors think their 'firm is driven by profits, rather than focused on customers.'
July 19, 2010
U.S. Trust Hires Trading Head and Leader of Northeast DivisionU.S. Trust has appointed Rowland (Chip) Bankes as head of trading and Stephen Doty as investment executive of its northeast division, based in New York.
July 18, 2010
The Hartford Announces 36 Lower Fund FeesThe Hartford Mutual Funds has announced that, effective July 1, permanent mutual fund expense reductions have taken effect on 36 funds.
July 18, 2010
Strategic Insight Says Bond, International Equity Fund Inflows RiseAs investors show their concern about domestic stocks, reflected in lower inflows to domestic equity funds, their demand for income is displayed in sharply higher inflows to bond funds in the first half of 2010.
July 18, 2010
RBC Index: Financial Reform Bill Stirs Mixed Emotions in ConsumersAccording to the RBC U.S. Consumer Outlook Index released Thursday, July 15, financial services reform is already having an impact on the confidence of consumers familiar with the legislation, which the Senate passed Thursday.
July 16, 2010
Citi Profits Down as Q2 Earnings Beat EstimatesCitigroup's second-quarter revenues were $22.07 billion on net income of $2.7 billion, or $0.09 earnings per share.