Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
United Capital Launches Liquidity Program for Advisors
By Danielle AndrusUnited Capital now allows advisors with the firm for at least six years to convert up to 25% of company stock holdings to cash.
March 17, 2014
Raymond James Adds Teams From Morgan Stanley, Wells FargoMeanwhile, LPL Financial says a credit union with $317 million in wealth-management client assets is now affiliated with the IBD.
March 17, 2014
John Lindsey: How Edward Jones ‘Brutalizes’ Breakaway BrokersWhen John Lindsey broke away in 2012, Edward Jones sued for $5 million. But Lindsey fought back and is helping other brokers do the same.
March 12, 2014
Attention ‘Bonehead Brokers’: Margin Trades Can Burn YouRecord-high margin lending, profitable today, will inevitably land advisors in arbitration, says lawyer Stoltmann, warning, "Stupidity on the part of the broker isnt a defense."
March 12, 2014
Wall Street Bonuses Highest Since 2008The average bonus paid to securities industry employees in New York grew 15% in 2013, according to the Office of the New York State Comptroller.
March 11, 2014
IBD Regulation: Broken Windows, Broken SystemWeve already seen the impact of the broken window approach, with minor offenses treated as major offenses and major ones as potential career enders.
March 11, 2014
Distrust of Big Banks Driving Clients to Indies: Cerulli"Breakaway brokers" are one reason that RIAs will hold 26% of retail client assets by the end of 2016. But there's more to the story.
March 10, 2014
Raymond James Grabs $4.2M Advisors; Morgan Stanley Adds $4.5M TeamsFocus Financial and Advisor Center also share the names of independent advisors they've helped switch affiliation.