Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Wedbush Switches to Hearsay Social Platform
By Janet LevauxThe broker-dealer, which has about 400 advisors, has been active in the social media space for more than two years.
February 24, 2014
FINRA Fines Berthel Fisher $775,000 Over Sales of AlternativesThe IBD must hire a consultant to shape up its supervision of nontraded REITs and leveraged/inverse ETFs, the regulatory group says.
February 21, 2014
UBS, Raymond James Grab $2M Teams From RivalsMeanwhile, Sapient recruits a rep from RBC in Oregon, a new RIA opens its doors in Minnesota, and an ex-Ameriprise group joins LPL.
February 19, 2014
Raymond James Program Grooms Associates for Advisor RolesAfter a pilot program, the firm says it will look to train additional client assistants to boost the number of female reps.
February 18, 2014
Investors Cap Grows Sales 20% but Reports LossThe IBD says expenses rose due to higher commissions and fees, as well as legal expenses tied to its merger with Nicholas Schorschs RCS Capital.
February 18, 2014
Securities America Hybrid RIA Platform Adds Sales DirectorHybrid-advisor platform Arbor Point names Jeffrey Schmaltz a sales director; a former Edward Jones rep discusses how to navigate the tough road to independence.
February 17, 2014
6 Best Financial Firms for Advisor Service: DalbarDalbar's Financial Intermediary Service Award for 2013 rates the top firms in service to financial professionals.
February 14, 2014
Raymond James Adds $100M Team; $84M Rep Returns to Securities AmericaThe team joins from Wells Fargo, while the advisor comes back after departing from Valmark Securities.