Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Top Portfolio Products: New Bond, Macro and Real Estate Funds
By Marlene Y. SatterThe new fund sponsors are American Funds, Franklin Templeton with K2 and CAPFUNDR with Hamilton Real Estate Capital.
August 03, 2016
Recruiting Roundup: Big Groups Move to Focus, Kestra & Raymond JamesThe shifts come as the teams end affiliations with Wells Fargo, Transamerica, LPL Financial and Cetera Investment Services.
August 02, 2016
Securities America to Pay $1.5M for Fund OverchargesThe broker-dealer "disadvantaged" 1,514 clients who were eligible to buy share classes without extra charges, FINRA says.
August 01, 2016
FINRA Accuses Rep of Fleecing Blind, Elderly WidowHank Mark Werner, who is accused of excessive and unsuitable trading, made more than $243,000 in commissions on the account, FINRA said.
August 01, 2016
McGinnis Steps Down as CEO of Advisor GroupValerie Brown will lead the group of IBDs as it moves from AIG to Lightyear Capital as McGinnis focuses on leading the transition.
August 01, 2016
Top Portfolio Products: Additions and Subtractions for Direxion ETFsDirexion announced two new ETFs plus splits for five ETFs that rallied sharply and reverse splits for four that suffered large losses.
July 28, 2016
Ameriprise Misses Q2 Estimates, Cites Market TurmoilThe firm cited increased volatility, lower average equity markets and persistently low interest rates for a 19% profit drop.
July 26, 2016
Are You an RIA, IAR, FA, Rep, Indie Advisor or Broker? We’ve Got You CoveredThat clich that we live in interesting times happens to be accurate right now for the advisor community.