Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Prospera Adds Cottonwood Capital Advisors
By Danielle AndrusProspera Financial Services announced on Thursday that it was adding Cottonwood Capital Advisors, and with it, $121 million in assets under management.
April 11, 2013
ING U.S. to Rename Itself Voya Financial as IPO ProgressesThe rebranding is designed to highlight INGs U.S. operations as Americas retirement company; ING Financial Partners BD will be renamed as well.
April 10, 2013
Florida’s Notice-Filing Legislation Affects Advisors NationwideTraditionally, financial services firms would have to close pending approval of a notice filing for actions such as changing BDs or moving offices.
April 09, 2013
We’re in an Extended Bull Market, So Get Used to It: Tiburon CEO SummitTiburon CEO Summit host Chip Roame pointed out advisor trends and opportunities after stock strategists Richard Bernstein and Bob Doll spelled out why were in a long-running bull market.
April 09, 2013
Recruiting Roundup: Baird Grabs Wells FAs, UBS Branch Manager; Royal Adds 2 Indie GroupsThe new Baird group has about $770 million in client assets, and the new Royal Alliance-affiliated reps have more than $400 million.
April 09, 2013
Going Indie? Afraid of Losing Clients? Don’t BeDespite fears they might lose clients when going independent, 79% of advisors who switched to the indie model in the last two years say most clients stuck by their side, Schwab Advisor Services reported Tuesday.
April 09, 2013
FINRA’s Ketchum: Complex Products Still Need ‘Heightened Supervision’During the SEC's National Compliance Outreach Program for Broker-Dealers, Ketchum pointed to three areas that FINRA was focusing on.
April 09, 2013
LPL Names Russell’s Parker to Lead Investment and Planning SolutionsParker will be based in San Diego and report to Robert Moore, the firms president of advisor and institution solutions.