Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Industry Digs In as Reg BI, Advice-Standards Package Arrives
By Melanie WaddellIndustry officials and lawyers are knee-deep in analyzing the SEC's much-anticipated package of new advice rules; lawsuits may be on the horizon.
June 27, 2019
What's Behind the 'Great Unbundling' of Wealth Management?The latest thinking on what trends in the world of financial services mean for advisors, other industry players, and the products and services they offer.
June 27, 2019
Raymond James Adds $420M Merrill, Wells Fargo Reps: Recruiting RoundupMeanwhile, LPL recruited a group from Cetera.
June 26, 2019
LPL Fined $1.1M for Not Registering Advisors in MassachusettsThe IBD did not properly register 651 "agents" or file 800 "reportable events" in a timely manner, regulators say.
June 24, 2019
SEC's New 'Best Interest' Rule Is Far From Best for InvestorsThe brokerage industry has again skirted the need to put investors first.
June 24, 2019
Merrill Advisors Leave for Janney, AmeripriseThe advisors and teams had a combined $772 million in assets under management.
June 24, 2019
New Jersey Broker Faces Possible 3-Year Prison TermThe broker pleaded guilty to stealing from an elderly couple.