Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Wealth Firms Adding Indie, Wirehouse Reps
By Janet LevauxA number of successful advisors are switching channels and broker-dealers at a quick pace in midsummer.
July 31, 2014
Sontag Joins Board of Focus Financial; Bruton In as Lucia Capital CEOThese growing firms aim to add more advisors and business from the wirehouses, as well as from independent firms.
July 30, 2014
Fines Eat Into LPL's Q2 EarningsLPL Financial's net income fell 4.4% from a year ago, mostly related to unforeseen regulatory costs.
July 30, 2014
Mass. Checks Out How BDs Treat Older InvestorsMassachusetts securities regulator William Galvin is sweeping 162 Massachusetts BDs to gauge the number of complaints from older investors and how BDs resolve them.
July 24, 2014
Raymond James Reports Record Profits, Revenues: Q2 EarningsFee-based accounts now make up more than 70% of Private Client Group revenue.
July 23, 2014
Free Financial Advice? What Could Be Better for Consumers?Excising the requirement that professionals act in clients best interests would make society much more efficient, and save the Treasury billions!
July 21, 2014
RCS, Schorsch Jump Into CrowdfundingThe real estate group plans to build the platform, We R Crowdfunding, with assets it's acquiring from Trupoly. Is this a savvy move for RCAP?
July 18, 2014
Raymond James Recruits 3 Wirehouse Teams, $875M in Client AssetsMeanwhile, Morgan Stanley and Merrill Lynch grab advisors from each other in the latest recruiting push.