Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ex-Advisor Sues LPL, Citizens Bank & Trust Over Botched Transition
By Dinah Wisenberg BrinNathan Adams was punished for pursuing a job with LPL, which botched a background check, the complaint alleges.
September 16, 2024
Firm Violated Reg BI With Class A Mutual Fund Switches: FINRASecurities Research Inc. of Florida must pay more than $100,000 for not supervising a rep's short-term switches.
September 13, 2024
Merrill Lands $2.2B Morgan Stanley TeamThe Oberheide-Schlesinger Group's James Oberheide brings over 30 years' financial industry experience.
September 10, 2024
Inside Edward Jones' Evolving Wealth StrategyA healthy culture is driving tech adoption and planning-first service at the firm, says Lena Haas.
September 05, 2024
A $25 Vanguard Fee Glitch Is Now FixedVanguard says it has refunded customers who were mistakenly charged a new service fee.
September 04, 2024
LPL to Buy The Investment CenterThe broker-dealer and RIA has about 240 advisors who work with roughly $9 billion of client assets.
September 03, 2024
Raymond James to Pay Nearly $2M for Failure to Report Complaints, Mutual Fund TransactionsThe firm failed to timely disclose about 450 client complaints, according to FINRA.
August 30, 2024
Merrill Fined $3M Over 'Deficient' Trade SurveillanceMerrill relied on third-party automated systems that were insufficient to monitor for manipulative trades, FINRA says.