Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Advisors Help Make Investors Very Happy: Study
By Michael S. FischerThose working with a financial advisor are three times happier than those managing their own money. Here's why.
December 07, 2021
Ex-Merrill Broker Arrested Over Charges Tied to $1M ScamThe former broker allegedly used investors' funds to buy a luxury car "and pay fees for a private golf club on Long Island," says the DOJ.
December 07, 2021
FINRA Fines Wells Fargo $2.25MWells Fargo Advisors Financial Network and Wells Fargo Clearing Services failed to store about 13 million client records in the "WORM" format.
December 07, 2021
Ex-Merrill Rep Who Scammed Pastors Sentenced to 7 Years in PrisonThe former broker had pleaded guilty to one count of securities fraud and admitted to swindling millions of dollars from victims in several states.
December 03, 2021
Veteran Advisor Sues J.P. Morgan After Jumping to the Firm From MerrillThe head of the $1 billion Campbell Group alleges the Private Bank has been aggressively trying to poach her clients.
December 03, 2021
Morgan Stanley Adjusts Advisor Incentives for 2022 but Keeps Grid IntactStarting in July, net acquired asset growth will be focused on all client balances.
December 03, 2021
10 Worst Financial Advisors in America: 2021This year's worst advisors allegedly committed some of the usual crimes—and some that will definitely surprise you.
December 02, 2021
New Court Date Set for Suspect in Merrill Exec's MurderThe next court date is Jan. 20 to set a date for a preliminary hearing for Anthony Duwayne Turner, accused of killing Michelle Avan.