Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Janney Picks Up 27 Wirehouse Reps: Recruiting Roundup
By Janet LevauxThe advisors joined over the past six months from Merrill, Wells Fargo and Morgan Stanley; plus, a $215 million team has left Morgan Stanley to form its own RIA.
July 08, 2019
LPL Adds Data Exec From OppenheimerFundsAshish Braganza is the BD's executive vice president of Data, Analytics and Innovation and reports to Burt White.
July 08, 2019
The Long, Uncertain Road to Implement Reg BIA lot could happen before the best-interest standard is due to take effect on June 30, 2020.
July 03, 2019
LPL Grabs $1.1B Raymond James Team: Recruiting RoundupMeanwhile, Carson Partners, part of Ron Carson-led Carson Wealth, has added two firms with a total of nearly $200 million in client assets.
July 02, 2019
Sponsors Move to Consolidate Platforms: CerulliMany managed account platform sponsors want to make the process easier for clients, but it comes at a cost.
July 02, 2019
Time Is Ripe to Go Indie, Brokers SayIn a TD Ameritrade survey of aspiring indie RIAs, four in 10 said they planned to make their move this year.
July 02, 2019
FINRA Hits Summit With $880K Fine Over Excess TradingOne advisor placed close to 535 trades for a retired client, who paid more than $171,000 in commissions over three years.
July 01, 2019
Stifel, RBC Pick Up Wirehouse Reps: Recruiting RoundupAdvisors continue to leave Merrill Lynch, Wells Fargo and other firms.