Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SoFi Securities Hit With $1.1M FINRA Fine Over Theft in Cash Accounts
By Melanie WaddellSoFi's lack of protections resulted in customers using accounts to steal $2.5 million, FINRA says.
April 30, 2024
IBD Channel Faces Exodus to RIAs: CerulliOf advisors thinking of going independent, only a fraction said they'd want to custody with their current BD.
April 30, 2024
Raymond James Is on a Recruiting Tear, Exec Says"We're in deep conversations with large teams, more than what we've seen historically," PCG President Scott Curtis says.
April 29, 2024
Stifel CEO Says Final DOL Rule Is 'Less Restrictive' Than He FearedBut Ronald Kruszewski and Principal CEO Dan Houston still have concerns.
April 22, 2024
Goldman Ditches Robo-Investing in Sale to BettermentThe bank had hoped that Marcus Invest would bring it new clients with balances as low as $1,000.
April 16, 2024
Pretrial Date Nears for Ex-Broker Accused of Murdering BofA-Merrill ExecAnthony Duwayne Turner faces murder, rape and burglary charges in the 2021 killing of Michelle Avan.
April 05, 2024
FINRA Hits Another BD in Finfluencers SweepThe promotional communications on social media platforms contained promissory language and violated organizational rules.
April 04, 2024
Goldman Pay Plan Gets 'F' Grade as Investors Told to Vote NoThe bank had boosted CEO compensation to $31 million, a 24% jump for a year when its earnings plunged by a similar amount.