Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Focus Financial to Sell Big Stakes to KKR, Stone Point
By Janet LevauxThe RIA aggregator says it now has some 45 partner firms and is valued at $2 billion.
April 13, 2017
Raymond James to Pay $150M Over Ski Resort-Green Card ScamA former Raymond James advisor solicited funds from EB-5 investors for a Vermont ski resort, then misused the money, the SEC said.
April 13, 2017
Morningstar Pushes Change in DOL Fiduciary Rule EnforcementThe fund rating agency suggests a third-party audit of firms big data to check if individual portfolios are providing a best interest standard of advice.
April 12, 2017
JPMorgan Delays Moving Wealth Clients Amid DOL LimboWith uncertainty surrounding the DOL fiduciary rule, the bank says that its customers can keep using financial advisors.
April 11, 2017
Will Edward Jones’ New Ads Lure Experienced Advisors?The firm wants to recruit more veteran advisors, but one recruiter says the idea that the print ad campaign will succeed is "laughable."
April 10, 2017
Why a Diluted Fiduciary Rule Is Bad for Advisors: Betterment, CFP BoardBetterment, CFP Board and Consumer Federation say that a watered-down rule could hurt not just investors but advisors, and they discuss what could happen next.
April 09, 2017
RIAs Now the Biggest Driver of ETF Asset Growth: BroadridgeA new report says fee-based RIAs have replaced institutional investors as the leading force behind the growing demand for ETFs.
April 07, 2017
What Clients Want, and What Advisors Think They WantA new survey reveals several disconnects between the two.