Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Commonwealth Grabs $100M Ex-LPL Team in California
By Janet LevauxFor the first six months of 2012, the broker-dealer has added about $20 million in yearly fees and commissions with some 50 advisors.
July 26, 2012
Ameriprise Loses Profits but Adds Advisors, AssetsThe firm now has more than 9,800 financial advisors in its combined franchisee and employee operations.
July 26, 2012
12 Worst Financial Advisors in America: 2012AdvisorOne found BrokerCop.coms list and ranked each Advisor Horribilis from the past year in reverse order of horribleness, balancing amount of money stolen with amount of ick factor involved.
July 26, 2012
FSI to FINRA: This Is the Wrong Time for Higher FeesPart of FSIs engagement with FINRA is to let them know when they have gone too far. That is clearly the case with the substantial fee increases the organization has proposed for broker-dealers and financial advisors, increases that would hit small firms the hardest.
July 25, 2012
Raymond James Posts First Post-Acquisition ResultsIts global advisor force is close to 6,400 with more than 900 Morgan Keegan reps on board.
July 24, 2012
Brokers Manage Products; Investment Advisors Manage ProcessThe absurdity of suggesting that investment advisors and broker-dealers often provide indistinguishable services demonstrates a stunning depth of misunderstanding regarding the two industries.
July 24, 2012
Top 5 Risks Related to Online Account OpeningProper collection of account data at the onset can improve the customer experience and business workflow at all points in the investment cycle.
July 23, 2012
FSI Urges SEC: Don’t Let FINRA Raise FeesDale Brown worries about humongous compliance costs; group concerned over timing, context and size of fee increases.