Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
At Pershing Insite, a Plea for BDs to Scrutinize Reps’ Outside Dealings
By James J. GreenJoan Schwartz of Pershing warns BD executives to better scrutinize such dealings, since this is how bad reps are stealing clients money.
June 05, 2012
LPL Names Strategy Chief Dan Arnold to Succeed Moore as CFODan Arnold, former head of Uvest, will take over from Robert Moore, now president and COO of the largest independent BD.
June 01, 2012
Combatants Gear Up for SRO HearingTheir collective rallying cry: an SRO isnt neededparticularly if that SRO is FINRA. What to do instead? Fund the SEC so that it can conduct more frequent advisor exams.
June 01, 2012
Eastbridge Survey: Benefit Brokers Gain Voluntary Market Share in 2011Sales of voluntary insurance products rose in 2011 to $5.5 billion in premium, fueled chiefly by the largest producer channel, benefit brokers, according to a new report.
June 01, 2012
LPL-Affiliated Retirement Group Hires 5 ConsultantsThe advisors join the $7 billion advisory firm in locations across the West and Midwest.
May 31, 2012
Facing Down the Bankers (New York Times)Better Markets is a nonprofit going toe-to-toe with the financial industry pushing for strict interpretation of the Dodd-Frank law.
May 31, 2012
Broker-Dealer and RIA Executives’ Top Concern: InnovationA Fidelity Investments poll finds that broker-dealer and RIA executives believe the greatest concern for the industry today is increasing competition and the need to differentiate.
May 31, 2012
Janney Grabs Morgan Stanley Rep, Aims to Grow Advisor Headcount 5%The firm has added 15 reps this year from Merrill Lynch, Morgan Keegan and other broker-dealers and plans to hire 25 to 30 more, said private client group president Jerry Lombard.