Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
SEC's Clayton Explains 'Best Interest' vs. 'Fiduciary' Duty
By Melanie WaddellBoth brokers and advisors are going to have to be "very candid" about how they are paid, Clayton says.
June 06, 2019
RBC Nabs 2 Family Teams From Wells Fargo: Recruiting RoundupMeanwhile, advisors in Idaho and Texas joined LPL's platform.
June 06, 2019
4 Reasons Small BDs Are Under PressureThough BDs in general are seeing higher profits, several trends are mounting against smaller firms.
June 05, 2019
Cheers, Jeers for SEC's New Advice-Standards RulesSIFMA said compliance would be difficult but worthwhile; Democratic lawmakers blasted the rules as inadequate.
June 05, 2019
SEC Passes Regulation Best Interest by 3-1 VoteReg BI, Clayton said, "will substantially enhance the broker-dealer standard of conduct beyond existing suitability obligations."
June 04, 2019
Will Reg BI Be Hammered by Lawsuits?Consumer advocate Barbara Roper thinks the rule "will have a very short shelf life."
June 03, 2019
What BD Execs Expect From Reg BIMost of them expect challenges and confusion, according to Investment Advisor's 2019 Presidents Poll.
May 31, 2019
Dynasty Rolls Out M&A Platform for RIAsThe firm says many of its 47 RIA partner firms have "ambitious inorganic growth plans" that could benefit from this development.