Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC Reg BI Will 'Force Changes' in Revenue Sharing: Morningstar
By Melanie WaddellUnder Reg BI, brokers have an obligation to mitigate and disclose the kinds of conflicts that revenue sharing can create.
November 15, 2019
Ameriprise Adds 2 Advisors From LPLThe pickup of First American Financial adds about $158 million in AUM.
November 14, 2019
FINRA Suspends Advisor Who Hid $50K Private PlacementThe broker also has been slapped with $5,000 fine; he admitted asking the client to reach him via a personal email address after the sale.
November 14, 2019
Merrill Lynch, Wells Fargo Reps Move to Raymond James: Recruiting RoundupMeanwhile, Integrated Partners picks up an Ameriprise team; LPL Financial adds advisors from Advisor Group-Ladenburg.
November 12, 2019
FINRA Floats Limit on Brokers as BeneficiariesUnder the proposed rule, such arrangements would have to be approved by the firm, said FINRA's Cook.
November 12, 2019
Advisor Group, Ladenburg Union Creates 'LPL Alternative'The merged entity is just starting to look at retention bonuses and other issues, Advisor Group CEO Jamie Price tells ThinkAdvisor.
November 11, 2019
Advisor Group to Buy Ladenburg, Forming Mega-BD NetworkWith the merger, the combined 11,500 advisors and nine broker-dealers can keep using third-party clearing firms.
November 11, 2019
6 Realities for RIA Buyers and Sellers in Today's MarketWhat should buyers and sellers expect? Here are findings from an Advisor Growth Strategies' study that looked at 55 M&A deals.