Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Barely half of new producer hires last 12 months in their new jobs ... and other bad news
By PropertyCasualty360Independent agents/brokers posted a 56 percent success rate in producer hiring in the past five years, although the hiring performance of the top and bottom firms varied widely.
October 16, 2014
DOL Advisor Crackdown Is ‘Out of Control’: Benefits LawyerThe DOL conducted more than 3,600 audits of qualified retirement plans last year. Settlements related to violations totaled $1.7 billion in plan reimbursements and fines.
October 15, 2014
Schwab Profits Rise 11% in Q3The firm's revenue tops estimates at $1.55 billion, a 13% year-over-year improvement.
October 14, 2014
LPL’s Robert Moore: RIAs Are Where the Growth IsLPL President Robert Moore tells ThinkAdvisor why the BD is not feeling acquisitive and why there's room to grow in the indie RIA space.
October 10, 2014
Hacked: What to Do When Cybercriminals Hit Your FirmCybersecurity is a constant threat, and considering how attractive a target a financial firm is, especially if it serves high-net-worth clients, advisors should be prepared for the worst.
October 10, 2014
Enforcement Roundup: FINRA Fines Morgan Stanley for Failures to Supervise Advisor ProgramIn other action, Massachusetts charges couple with fraud in real estate ventures.
October 10, 2014
Raymond James Sees Growth in RIA Unit; Adds Social Media, ETF OfferingsRelaunched and reinvigorated RIA custody unit has 110 RIA clients with $10 billion in AUM, adds Hearsay Social platform and 120 no-transaction-fee ETFs.
October 09, 2014
ThinkAdvisor’s 2014 Q3 Earnings Calendar for the Finance SectorA list of Q3 earnings release dates for companies of interest to financial advisors and investors.