Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
U.S. Bank Buys PFM Asset Management Business
By Jeff BermanThe unit will keep operating as a separate entity; PFM's financial advisory business is not part of the deal.
July 12, 2021
Kestra to Pay $10.3M Over Undisclosed Mutual Fund CompensationKestra advisors failed to disclose compensation received by their BD when investing client assets in certain funds, the SEC alleged.
July 12, 2021
Harry Dent: Stock Market Crash Likely Within 3 Months"When this thing goes, it's going to go big," the Contrarian's Contrarian tells ThinkAdvisor.
July 09, 2021
Pershing Ordered to Pay $648.5K to More Stanford VictimsA FINRA arb panel rules in favor of more investors claiming losses in the Ponzi scheme run by financier R. Allen Stanford.
July 09, 2021
The Real Reasons Clients Pay AdvisorsTwo principles underlie successful advisors: Provide useful knowledge and help the client avoid mistakes.
July 09, 2021
Securities America to Pay $1.75M for Failing to Protect Clients From Ponzi SchemeAn independent RIA was able to take $8 million from at least 15 clients of the Advisor Group subsidiary, the SEC says.
July 09, 2021
12 Best States for Retirement in 2021Bankrate graded the states on affordability, wellness, weather, culture and crime.
July 08, 2021
Merrill Faces Discrimination Suit by Black Ex-RepsTwo former Merrill brokers allege Black advisors at the firm received less compensation and were promoted less often than white advisors.