Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
GDP Revised to 2.7% for Q1 2010
By Joyce HansonU.S. gross domestic product increased at an annual rate of 2.7% in Q1 2010, according to the third estimate released by the Bureau of Economic Analysis on June 25. The third estimate came in lower than the second estimate of 3.0% on May 27.
June 24, 2010
Jobless Claims Fall, Durables Rise Excluding Aircraft; Economists Still Wary About RecoveryFaintly upbeat news from Labor and Commerce weren't enough to lift the U.S. stock market's mood on June 24 as mixed jobs and manufacturing data left investors wondering where the economy is headed.
June 24, 2010
Cetera Launches Advisory Platform to Enhance Wealth ManagementCetera Financial Group announced on Friday, June 18, that it has successfully rolled out AdvisoryOnline 2.0 to its independently managed broker/dealers, Financial Network Investment Corp. and Multi Financial Securities Corp.
June 24, 2010
REFORM DEAL: Fiduciary Standard Can Apply to BrokersIn the latest version of the financial reform bill, the Sentate and House decide that the SEC can put financial advisors/stock brokers under same fiduciary standard as investment advisors -- after study.
June 24, 2010
Fidelity Introduces Referral Program for RIAs Using 'Centers of Influence' PhilosophyFidelity has introduced a practice management program for RIAs designed to help them develop their referral networks through "centers of influence" the Boston-based custody and clearing giant announced June 24.
June 24, 2010
At Morningstar Conference, Vanguard's McNabb on Restoring TrustSpeaking at a luncheon session to the 1,300 attendees of the Morningstar Investment Conference on June 24, in Chicago, Vanguard CEO Bill McNabb laid out the three main building blocks for restoring both investor and advisor trust.
June 24, 2010
At Morningstar Conference, a Focus on Dividend InvestingAt the opening session on day two of the Morningstar Investment Conference in Chicago on Thursday, June 24, three dividend-focused mutual fund managers talked about what they called the great opportunities in dividend investing now.
June 23, 2010
Merrill-Capgemini World Wealth Report Shows High Net Worth Individuals Recouping 2008 LossesThe world's richest people regained their wealth in 2009, nearly recouping all 2008 losses, Merrill Lynch and Capgemini said in a World Wealth Report released June 22.