Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
RCS Capital Loses Ex-CEO as Board Member
By Janet LevauxEdward Weil resigns as the company, which owns Cetera Financial, continues to see its stock price and credit ratings drop.
December 04, 2015
4 Factors That May Cause a Flood of Broker-Dealer SalesMarketplace dynamics such as insurance company trends, the strong dollar and the profit potential of independent BDs will influence whether owning independent broker-dealers makes sense.
December 04, 2015
Why leading in our industry is easyOur industry is in a place where those who can see possibilities are poised to absolutely own the future.
December 04, 2015
5 Not-So-Bold Regulatory Predictions for 2016The sheer volume of complicated rulemaking that is pouring out of Washington bodes well for securities attorneys' billable hours but not for advisors' bottom lines.
December 03, 2015
Raymond James to Buy Deutsche Bank U.S. Private-Client UnitThe unit has about 200 advisors with about $50 billion of client assets and $300 million of revenue.
December 03, 2015
SIFMA Outlines 2016 PrioritiesSIFMA CEO and President Ken Bentsen listed the trade associations major initiatives, starting with cybersecurity.
December 02, 2015
Recruiting Roundup: Ameriprise Picks Up 5 RepsMeanwhile, Raymond James brings on a new employee advisor from Wells Fargo.
December 02, 2015
RCS Capital Running Out of Cash as It Shuts Wholesale Unit: Moody’sAs RCAP winds down its once-lucrative REIT wholesale activities, the "underperforming" Cetera BD group isn't generating enough cash flow to service RCAP's debt, Moodys warns.