Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Division IV, Cambridge Investment
By Staff WriterCambridge Investment Research, Inc. Founder, President, and CEO Eric Schwartz Founded: 1981 Producing reps: 1,099 2007 estimated gross revenue: $235 million 2006 average annual gross production per rep: $207,000 Ratio of...
September 01, 2007
A Trend Confirmed?Fee-based advisory revenues are higher than traditional commission-based revenues, for the first time, at Commonwealth Financial Network. It's not a change to advisory accounts from...
September 01, 2007
A Broker's BrokerLast June, when the financially troubled Brookstreet Securities Corp. collapsed, some 500 advisors were instantly out of work. Behind the scenes, recruiter Larry Papike was...
September 01, 2007
How You Picked ThemAs the popularity of the Broker/Dealer of the Year competition has grown, so has scrutiny of the process from reps, home offices, outside observers, and...
August 31, 2007
Time to rally around the issuesIn any industry, there are a small percentage of unscrupulous salespeople who act in their own best interest at the expense of their customers. In our industry, the bad apples are the ones who push unsuitable products on seniors in order to garner
August 17, 2007
B/Ds Vying for Top TalentA newly released joint study--The Race for Top Talent--by Pershing, a unit of The Bank of New York, and consulting firm Moss Adams says that all types of broker/dealers are vying to attract top talent. The study is a component of TalentConnect, a program recently launched by Pershing that helps...
August 17, 2007
RIAs Are Fastest Growing Distribution ChannelNew research by Cerulli Associates says that the fastest growing advisor channels are the ones with the most independence, registered investment advisors (RIAs). The biggest...
August 15, 2007
Eastbridge: Worksite Benefit Prospects Remain HighThe voluntary benefits industry remains positive about its near-term prospects.The latest Voluntary Industry Confidence Index survey by Eastbridge Consulting Group, Avon, Conn., shows the mid-year ...