Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Adds Teams From Cetera, Foresters
By Janet LevauxThe two teams had a combined $475 million in AUM.
November 05, 2018
Citizens Bank to Buy $7.5B Clarfeld Financial AdvisorsSeparately, Arkadios Capital adds a $3.5 billion fixed income team from Raymond James.
November 05, 2018
In a Shift, Retirees Donate More to DemocratsIt's the first midterm election year since 1990 that this has happened, according to the Center for Responsive Politics.
November 05, 2018
SEC Adopts New Order Handling, Routing Rules for Broker-DealersThe rule amendment "will make it easier for investors to evaluate how their brokers handle their orders," the agency states.
November 02, 2018
Cantor to Sell ETF, Retail Stock-Trading DivisionThe acquirer believes the deal should bring institutional-quality customer service and top technology to Main Street broker-dealers, asset managers and retail investors.
November 02, 2018
Triad Adds $850M Team From Wells FargoIn a related development, Triad owner Ladenburg Thalmann says a separate subsidiary has acquired annuity-related assets.
November 02, 2018
Retail Channels Gobbling Up Bigger Share of AssetsCerulli credits IRA rollovers for an ongoing migration of assets from institutional to retail channels.
November 02, 2018
SEC Brought More Advisor, BD Enforcement Actions in 2018The Securities and Exchange Commission brought 821 enforcement actions in fiscal 2018.