Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Financial: Nears 12,000 Indie Advisors
By James J. GreenAs it nears 12,000 advisors, LPL Financial stands just below Morgan Stanley Smith Barney (18,135 FAs), Bank of America-Merrill Lynch (15,006) and Wells Fargo Advisors (14,961).
March 01, 2010
RIA Growth at LPLThe biggest independent broker/dealer is growing rapidly in another way: as a custodian for advisors that use LPL Financial as the custodian for their RIA...
March 01, 2010
Lightyear Buys ING B/DsPrivate equity firm Lightyear Capital LLC announced February 1 that it had completed its acquisition of the three independent broker/dealers that formerly constituted the ING...
March 01, 2010
Wirehouse Performance Takes Divergent PathsWith the latest earnings results, the varied strategies and performance of the remaining -- and transformed -- wirehouse firms are becoming clearer though not...
March 01, 2010
Schwab Tackles the ETF BusinessAfter months of behind-the-scenes planning, Charles Schwab finally has its own menu of proprietary ETFs. In November 2009, the San Francisco -based company began...
March 01, 2010
Social Networking: Going Online Without Crossing the LinePlagued with risk management concerns, Wall Street firms have been painfully slow to build out formal social media strategies. Some have blocked access to...
March 01, 2010
Clark at Large: Hope and ChangeOver the past months, I've written rather extensively about the Obama Administration's proposed securities industry reregulation, the various proposals of what that might look like,...