Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fidelity Clearing Unit to Reorganize, Appoint New Leaders
By Joyce HansonFidelity Institutional announced Wednesday that it would reorganize the business due to rapid changes in the financial advice industry.
July 09, 2013
Baird Grabs 7 Wells Fargo Advisors With $1.9BThe veteran reps come on board in Houston, where the employee-owned broker-dealer has launched a new retirement program.
July 08, 2013
HighTower Rolls Out Mercer Portfolio ToolThe partnership means advisor teams affiliated with HighTower now have access to institutional-type research for asset management.
July 03, 2013
Obama grants his own waiverAnybody else see this coming? OK, fine, neither did I, but I gotta say my surprise didnt take long to fade, either.
July 03, 2013
BD Stocks Blowing Away IndexesThe Dow Jones Industrial Average and the Standard & Poor's 500 indexes rose roughly 12%, excluding reinvested dividends, in the first half of 2013. Many broker-dealers fared even better.
July 02, 2013
M&A Roundup: United Capital Acquires Atlanta-Based PPA AdvisorsIn other M&A news, Envestnet completed its acquisition of Prudential WMS, and Madison Dearborn Partners completed its NFP deal.
July 01, 2013
First Allied Has New OwnerA group led by real estate investor Nicholas Schorsch is acquiring independent broker-dealer First Allied Securities from Lovell Minnick Partners “because…