Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fight the Power
By Elizabeth D. FestaEver wonder whether you could take on the Financial Industry Regulatory Authority (FINRA) and actually come out better than if you had settled? The answer,...
June 26, 2008
Auld To Head AIG Financial Advisors, American General SecuritiesJeffrey Auld has been named President and CEO of AIG Financial Advisors, Inc. and American General Securities Incorporated (AGSI), effective June 30, 2008. Auld succeeds...
June 25, 2008
Zywave To Market Paylogix ServicesA broker insurance technology company is teaming up with a company that sells billing and remittance services.Zywave Inc., Milwaukee, the broker tech company, says brokers ...
June 23, 2008
Insurer Settles Broker Comp InvestigationA 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 16, 2008
Schwab Smoothes Road to IndependenceSchwab Institutional announced on June 12 a multipronged platform--with some existing planks, and some newly laid ones--to ease the transition process for brokers who wish...
June 15, 2008
Dutch Boy BluesRegulators trying to oversee the suitability of annuity sales no doubt understand the dilemma of the Dutch boy trying to plug the dike who stuck ...
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 ...