Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
More Advisors on the Move in 2013: Diamond
By Joyce HansonDiamond Consultants says this year will be a more robust recruiting year than last, based on conversations with advisors and deals closed in January.
February 06, 2013
LPL Beats Q4 Estimates, Outlines Outsourcing PlansLPL Financial said that it was planning to spend $70 million to $75 million through 2014 on outsourcing of back-office and other functions, information technology and related restructuring of its operations.
February 06, 2013
Disruptive Trends in Planning Software, Pt. 2—The Rise of ‘Middleware’How will two powerful technology trends play out for financial planners and impact their use of software in the coming years? There are several powerful implications.
February 04, 2013
Morgan Stanley Adds 4 Wells, JPMorgan Reps; Commonwealth Grabs 9 LPL AdvisorsThe reps are expected to bring over more than $430 million to the wirehouse, with some $250 million coming over to the independent broker-dealer.
February 04, 2013
One of the Most Underreported Facts of 2012Heres a bit of energy news that didnt get the attention it probably should have.
February 01, 2013
LPL, Country’s Largest IBD, Grapples With Its Own SuccessWhile LPL, which reported earnings Wednesday, may lay off workers in some areas, its tech and research units are hiring as the IBD seeks selective growth.
January 31, 2013
SEI Added 488 RIAs in ‘12The advisor network also says its business grew 40%, or by $7.1 billion, last year.
January 31, 2013
Top RIA’s Top Business Model: Keep Your Hands Off!Do-it-yourself investors and financial advisors associated with actively managed investments all are missing the boat, according to Mark Hebner, an RIA managing $1.8 billion who says the "passive advisor" is the best business model.