Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Precious Metals Firm Ordered to Pay $6M Over Hidden Commissions
By Jeff BermanThe firm and its founder allegedly solicited millions in investments while fraudulently charging commissions as high as 33%.
December 29, 2021
Wirehouses to Keep Losing Market Share: ReportAite-Novarica Group predicts the wirehouses' share of client assets could drop from 25% in 2021 to 21.9% by 2025.
December 29, 2021
FINRA Fines, Suspends Ex-Morgan Stanley Rep for Allegedly Hogging CommissionsThe rep was one of several brokers fired by the wirehouse over alleged abuses in its Former Advisor Program.
December 29, 2021
FINRA Keeps Its Business Continuity Rule IntactThe rule "has been effective at ensuring member firm preparedness for a wide range of potential business disruptions," says FINRA.
December 28, 2021
James Cayne, CEO for Bear Stearns Rise and Fall, Dies at 87Until 2007, Cayne was among Wall Street's brightest stars; when the firm ran out of money in 2008, the then-chairman was at a bridge tournament.
December 28, 2021
Ex-Waddell & Reed, NYLife Reps Sanctioned for Alleged ForgeryFINRA bars the former New York Life registered representative, while fining and suspending the ex-Waddell & Reed rep.
December 28, 2021
What to Expect for Social Security in 2022Experts Jamie Hopkins, Marcia Mantell and Nancy Altman weigh in on what lies ahead for the retirement benefits program next year.
December 23, 2021
The Do's and Don'ts of Advisor MarketingMeghan McCartan, head of marketing for Hightower Advisors, breaks down the best practices with April Rudin, head of the Rudin Group.