Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Hundreds of Thousands of 401(k)s Up for Grabs After DOL Fiduciary Rule
By Nick ThorntonBroker-dealers are wondering what to do with small plan sponsor clients serviced by generalist wealth managers.
August 12, 2016
Raymond James Completes Rollout of Mobile PlatformThe firm also has introduced document sharing technology to its roughly 6,800 financial advisors.
August 12, 2016
Morningstar to Help BDs Manage Small 401(k)sMorningstar Plan Advantage will let broker-dealers offload the fiduciary responsibility of managing defined contribution retirement plans.
August 11, 2016
Lebenthal to Exit Wealth, RIA BusinessThe closing follows the departure of YorkBridge Wealth Partners, a group with $750 million in assets that moved to Dynasty.
August 10, 2016
Recruiting Roundup: Raymond James, Cetera Add GroupsMeanwhile, two RIAs merge to form group with $13 billion in client assets.
August 10, 2016
Cetera BD Adds President for Robo-PushAs president of Cetera Financial Institutions, LeAnn Rummel will be in charge of efforts to offer robo-advice to banks and credit unions.
August 10, 2016
FINRA Floats Rule Changes on Gifts, Noncash CompThe proposed changes "make sense" as some of the current rules, especially on business entertainment, are "too subjective," Cipperman Compliance Services says.
August 09, 2016
Stifel’s Profits Crash in Q2 Despite Wealth Growth; Ladenburg Results WeakenStifel Financial is getting rid of the indie reps it bought from Sterne Agee, but holding on to the ex-Barclays reps.