Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Death of DOL Fiduciary Rule Is a Boon to Investment Cos.: Study
By Melanie WaddellUnder the Obama-era rule, 36 investment companies lost $14 billion in market capitalization, a new paper asserts.
September 07, 2018
$300M Advisor Accuses UBS of Gender DiscriminationLawyers point to a shift to subtle from brazen discrimination; women accuse firms of freezing them out of lucrative accounts.
September 07, 2018
Galvin Busts NPH Affiliate for Improper REIT SalesSII Investments allowed agents to miscalculate customers' liquid net worth to sell them products, the Massachusetts regulator said.
September 06, 2018
CE Council Requests Comments on Program ChangesFINRA supports exploring whether individuals who step away from the industry can maintain their qualifications through continuing education.
September 06, 2018
Schwab's Tech Pivot Is All the Buzz, but …Does the move away from a multi-custodial, cloud-based portfolio tool mean the firm is "throwing in the towel?"
September 06, 2018
Ladenburg Adds Kestler Annuity BusinessThe group being bought has selling agreements with over 20 independent broker-dealers, RIAs and other firms.
September 05, 2018
RBC Wealth Adds $425M Duo From Merrill: Recruiting RoundupMeanwhile, a member of Dynasty Financial Partners' network recruits a rep from Wells Fargo Advisors; Ameriprise pulls in advisors from AXA and Oppenheimer.
September 05, 2018
Apex Clearing to Offer CryptocurrenciesCEO Bill Capuzzi cited client demand and a desire to target millennials.