Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
UBS Nabs $1.3B Merrill Team; Wells Fargo Grabs $1B Morgan Stanley Reps
By Marlene Y. SatterMeanwhile, Raymond James recruits groups with more than $800 million in client assets to its employee channel.
September 23, 2015
Big pharma lobby group forswears drugmaker targeted by ClintonTuring increased the cost of Daraprim to $750 per pill, from $13.50.
September 22, 2015
Marcato Capital Takes 6.3% Stake in LPLThe hedge fund, known for its activist approach, thinks LPL's shares are undervalued.
September 21, 2015
Advisors Lure Million-Dollar Clients on Social MediaSome 17% of respondents to an American Century survey said they acquired business of at least $1 million in part because of social media.
September 21, 2015
SEC Fines First Eagle, Affiliate $40 Million for Improperly Charging ShareholdersThe firms used shareholder money instead of 12b-1 fees to pay for fund distribution, the SEC said. Similar enforcement actions could be in the offing.
September 21, 2015
Lebenthal Adds Co-CEO as Chief Takes Reins of Wealth UnitEx-Ally Bank CEO Barbara Yastine will join Alexandra Lebenthal in the top role as Frank Campanale steps down as wealth chief.
September 18, 2015
Top Portfolio Products: New ETFs From State Street and DirexionHedge your currency risk or double down on a leveraged sector stock bet? That's what some of this week's new portfolio products offer.
September 18, 2015
FINRA Floats Tougher Expungement RulesFINRA arbitration panels would have to provide a more detailed rationale for granting a rep's request to have black marks wiped off their BrokerCheck report.