Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Number of BDs, Reps Drops for Second Straight Year, New FINRA Report Says
By Melanie WaddellSmall BDs "struggle with keeping up with burdensome FINRA requirements," recruiter Jon Henschen said.
August 07, 2018
What 8 Industry Leaders Think of SEC's Advice StandardsHere's what Michael Kitces, Barbara Roper, Ken Fisher and others commented to the SEC about the proposal.
August 07, 2018
Culture, Not Regulation, Is the Key to Clients' Best InterestThe path forward for the industry must blend a legal best-interest standard with a culture that empowers investors.
August 06, 2018
Baird Taps New Wealth ExecIn her new role, Laura Thurow will lead staff, platforms and back-office support for the firm's 850 financial advisors.
August 06, 2018
'O' No! Ken Fisher Tells SEC to Ban Use of 'Advisor'Brokers have created investor confusion by using "advisor" to skirt the ban on using "adviser," Fisher says.
August 02, 2018
Wirehouses Are 'Doing Just Fine': United Capital's BrinkerDespite projections that wirehouses are losing market share, the United Capital exec thinks they have the potential to be "formidable."
August 02, 2018
SEC Reg BI Stricter Than Fiduciary, Will Cause Brokers to Flee: PeirceThe push for fiduciary standards for all "will have the perverse effect of harming investors," Commissioner Hester Peirce says.
August 02, 2018
$550M Wells Fargo Group Moves to Raymond James: Recruiting RoundupPlus, Dynasty Financial Partners helps Michael Henley and several other Merrill Lynch advisors go independent.