Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Insurer Settles Broker Comp Investigation
By Staff WriterA large benefits company has settled with federal agencies that were looking into broker compensation arrangements, officials say.Unum Group Corp, Chattanooga, Tenn., has entered into ...
June 13, 2008
Pershing Adds to FundVest PlatformPershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has added American Funds, JennisonDryden, OppenheimerFunds and Van Eck Global to FundVest--Pershing's no-transaction-fee...
June 03, 2008
Agencies Ease Aon Comp AgreementState officials have agreed to let Aon Corp. acquire other insurance brokers without immediately ending the brokers' contingent commission arrangements.Aon, Chicago, agreed to end its ...
June 01, 2008
Read the Fine PrintJust as it's wise to read prospectuses before investing, be sure to read loan contracts in detail before you transfer, because some firms structure transition...
June 01, 2008
Risky BusinessTime is money, certainly in the U.S. stock market. In fact, in just a matter of years, the time it takes to process orders has...
June 01, 2008
Heating Up the DiscussionWhile industry trade groups are opposed to the mandatory disclosure requirements of the National Association of Insurance Commissioners' (NAIC) Climate Risk Disclosure Proposal, groups such...
June 01, 2008
Telling All?Now that climate change seems to be on everyone's lips, the talk in the insurance industry is getting hot about disclosure. The fallout from trying to...
June 01, 2008
The B/D CustodianAs the broker/dealer industry moves, seemingly inexorably, to the fee side of the business, one specific independent B/D--LPL Financial--has taken what might be considered the...