Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Provision Deleted From Reform Bill
By Melanie WaddellThe provision that would have given FINRA the authority to inspect and regulate any investment advisor associated with a broker/dealer was successfully deleted from the huge financial services reform bill on December 11.
December 09, 2009
Morgan Stanley: Five Questions for a Top Retirement AdvisorA conversation with Trevor Mathias, Financial Advisor, Morgan Stanley Smith Barney, Chicago
December 09, 2009
UBS Shifts to 'Bucket Planning'One of the enduring debates among financial advisors has been the preferability of the traditional asset allocation method versus the "bucket approach" to retirement-income planning. In...
December 09, 2009
Reform Debate on Fiduciary Standard for FAs Heats UpPerhaps the most controversial aspect of the bill would require brokers, and any other financial professionals holding themselves out as advice-givers, to adhere to a fiduciary standard similar to that of registered investment advisors.
December 02, 2009
Brokers and the Fiduciary StandardSurvey indicates that a majority of broker/dealer reps support fiduciary duty to clients. That's surprising "support among brokers for the fiduciary standard in light of the industry's historic opposition to it."
December 01, 2009
LPL Holdings Lawsuit: No Change in Pac Life Access, CU StaffLPL said it bought the three companies from Pacific Life in 2007 for nearly $100 million.
December 01, 2009
Sweeter compensation spells danger for registered repsIt's a lucrative, but dangerous, time to be a registered representative.
December 01, 2009
Educator Blasts RASFA Fiduciary Responsibility SectionThe U.S. Securities and Exchange Commission should study investment advisors and broker-dealers carefully before trying to revamp fiduciary responsibility rules, according to American College President Laurence Barton.