Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Boots Rep Who Allegedly Refused to Hire Black Applicants
By Jeff BermanThe firm ended Eileen Cure's affiliation after a viral video accused her of making racist comments in a Skype message.
August 03, 2021
LPL Investigates Rep Who Allegedly Refused to Hire Black ApplicantsEileen Cure of Cure and Associates was called "racist of the day" on a TikTok video showing a Skype message she allegedly sent.
August 03, 2021
LPL Nabs JPMorgan Exec to Lead Advisor ServicesCorey Staten will lead the firm's Service Center, Technical Support Help Desk, New Advisor Care Team and related efforts.
August 02, 2021
LPL Drops Account Minimums on Some PortfoliosThe move affects its advisory platform, which includes six multi-manager funds.
August 02, 2021
FINRA Gets a Green Light to Crack Down on High-Risk Firms, BrokersThe proposed rule change, approved by the SEC, would place new obligations on FINRA member firms with a long record of misconduct.
August 02, 2021
Avantax Scoops Up $1.1B RIAWhen the deal closes, the RIA's three partners will become financial planning consultants with Avantax Planning Partners.
July 30, 2021
Advisor Group, Cetera and Pershing Tackle 2 Big Advisory MythsDespite the widely held belief to the contrary, not all advisors at IBDs are rushing to become RIAs, executives from the firms say.
July 30, 2021
LPL Tops $1T in Assets and 19,000 Advisors: Q2 EarningsThe number of net new advisors was 1,442, including over 900 from Waddell & Reed and 200-plus from M&T Bank.