Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
The Harvard of Broker-Dealers
By Alexei BayerIf you want to know what a broker-dealer is like," says Joseph Deitch over a cup of first-rate lobster bisque at the Harvard Club on...
February 26, 2007
DTCC Offers Services To Noninsurance VendorsThe Depository Trust & Clearing Corp. is offering its retirement plan services to broker-dealers that sell noninsurance benefits such as mutual funds.Under a recent filing ...
February 26, 2007
DTCC Offers Services To Noninsurance VendorsThe Depository Trust & Clearing Corp. is offering its retirement plan services to broker-dealers that sell noninsurance benefits such as mutual funds.Under a recent filing ...
February 01, 2007
Great-West Lifeco Looks South to Buy Putnam InvestmentsPutnam Investments' parent company, Marsh & McLennan, is selling the investment company to Great-West Lifeco, Inc., a Winnipeg, Manitoba-based subsidiary of Power Financial Corporation, for $3.9 billion, according to a February 1 announcement.
February 01, 2007
A Catalyst of ChangePerhaps the catchword for independent broker/dealer business for 2007 is change. As John Simmers becomes chairman of the Financial Services Institute (FSI), unprecedented change is...
February 01, 2007
A Matter of Life and HealthHealth insurance: we all need it, and though we may sometimes think of the premiums as just one more tax on our income, nobody really...
January 30, 2007
Growing in Numbers and InfluenceKicking off the annual conference of the Financial Services Institute (FSI) in Orlando on Jan. 29, the new chair of the independent broker/dealer group, John Simmers of ING Advisors Group, listed the accomplishments of FSI since its inception in 2004 and under the tutelage of outgoing chairman John Poff of...
January 22, 2007
NASD Members Say Yes to SROThe votes have been counted and NASD members have approved a change to NASD bylaws that will result in the combination of NYSE and NASD regulatory arms into a unified self regulatory organization (SRO), the NASD announced on January 21. The new organization means one entity will oversee broker/dealers with...