Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Morgan Stanley Names New Retirement Chief: Recruiting Roundup
By Janet LevauxMeanwhile, RIA Mercer Global Advisors has bought Regent Wealth of Woodbridge, Connecticut, which works with about $300 million in client assets. With the deal, Mercer
August 19, 2019
ProEquities' Flint, M.E. Allison & Co.'s Murphy Elected to FINRA BoardFSI was "proud to endorse" Flint as large firm governor, said Dale Brown.
August 19, 2019
LPL Execs Tout Capital, Succession Planning SolutionsAt its Focus conference, company says it's developing an "end-to-end solution" to help advisors with M&As.
August 19, 2019
Cantor Fitzgerald, BMO Capital Hit by SEC for Improper Handling of ADRsThe SEC orders find that both Cantor and BMO improperly obtained pre-released ADRs indirectly from other broker-dealers.
August 19, 2019
FINRA Reminds BDs of Municipal Client DutiesFINRA exams have found BDs engaged in investment-related activities with municipal clients without registering as muni advisors.
August 15, 2019
Ladenburg Thalmann Buys Stake in Impact Investing Robo-AdvisorThe firm has invested in robo-advisor startup Newday Financial Technologies.
August 15, 2019
Cetera Says It's on a $19B Growth TearThe broker-dealer network, thanks to its Foresters deal and other factors, has picked up roughly 1,000 advisors.
August 14, 2019
First-Half Advisor M&A Surge Continues in July: FidelitySeven RIA deals took place in July, including the sale of Wealth Enhancement Group, with nearly $12 billion in AUM.