Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
A View Across the Table From BP
By Bob KeaneBennett Freeman has a history of working on issues with BP that stretches back more than a dozen years and includes his work as senior...
July 01, 2010
Catching up with Richard BruecknerPershing LLC Chairman and CEO Richard Brueckner, COO Brian Shea, and Managing Director Frank La Salla sat down with Investment Advisor Group Editor-in-Chief and John...
July 01, 2010
BlackRock Creates Target Date Fund That Morphs Into a Post-Retirement AnnuityAsset management giant BlackRock has developed a 401(k) target fund that morphs into a post-retirement annuity.
July 01, 2010
LPL Financial Shares IPO Plans; On Track to Rival WirehousesLPL Financial filed statements with the SEC in early June 4 to go public with an estimated $600-million stock offering. The independent broker-dealer has 12,026 independent...
June 30, 2010
Investors Cap Reports Net Profit for Fiscal '10The independent broker-dealer also says that newly recruited advisors have average 12-month trailing sale, or production, of $250,000.
June 30, 2010
Knight Capital Group Establishes New Fixed Income EntityKnight Capital Group Inc. has hired a team of five traders and relationship managers from Morgan Stanley to provide fixed income sales, trading and research to the advisor community through a new entity called Knight Advisor Services.
June 30, 2010
Former BP Chief to Lead U.K. Efficiency DriveExtremely helpful or extremely scary, depending on one's point of view. Lord Browne of Madingley has accepted a leading role with the British Government as part of a major bureaucratic efficiency drive.
June 30, 2010
Investors Cap Reports Net Profit for Fiscal YearInvestors Capital posted annual net income of $320,000 for the fiscal year ended March 31, 2010, vs. a net loss of $1.83 million a year earlier. Adjusted earnings were