Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Woodbury Financial Services appoints Patrick McEvoy President and CEO
By Staff WriterWoodbury Financial Services, Oakdale, Minn., has named Patrick McEvoy as its new President and Chief Executive Officer.
December 16, 2009
Commonwealth: 'Record 2009 Recruiting;' New FA-Revenue Tops $60 MillionCommonwealth's average revenue per new, or recruited, advisor increased 40 percent year-over-year, reaching $350,000 in gross dealer concessions (GDC), or sales commissions.
December 16, 2009
Advisor Jobs: Encouraging SignsThe Securities Industry lost 900 jobs in November, but the job market for the industry appears to be establishing a bottom. Also encouraging is the level of hiring-related activity and aggressive plans for next year by many industry employers.
December 15, 2009
Time for a Transition (IV): Using Special Events to Boost BusinessTom McCarthy, affiliated with Commonwealth Financial, uses LifeBio system to build rapport with current clients and special guests - a great "next generation" strategy for smart advisors nationwide.
December 15, 2009
FA Outlook for 2010: Demand to Remain StrongAs bedlam gives way to calm, top advisors should like the new order at the wirehouse, regional and independent broker-deals.
December 14, 2009
Partisanship on SteroidsPassage of the financial reform legislation in the House is historic and important. It may also be, unfortunately, short-lived in the current, toxic partisan environment.
December 11, 2009
Financial Reform Bill Approved: House Vote Is 223-202FINRA will not have oversight of advisors associated with B/Ds, for now.
December 11, 2009
IAA Applauds Removal of FINRA Provision from Regulatory Reform BillInvestment Adviser Association Executive Director David Tittsworth issued a statement of approbation.