Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
The Hartford Breakup: What It Means for Woodbury Reps
By John SullivanIts part of a trend of large insurance companies parting ways with their broker-dealers, a research director with FA Insight said.
March 21, 2012
The Hartford Exiting Life, Annuity Business, Exploring Sale of BD WoodburyThe Hartford says it plans to concentrate on its mutual fund and property and casualty operations.
March 21, 2012
Advisors ‘Energized’ Over Fee Disclosure, Fiduciary Rules: ASPPA’s Graff"Obviously advisors are concerned about the proposals, but NAPA has energized them," Brian Graff, CEO and executive director of ASPPA, told AdvisorOne in an interview on Tuesday.
March 21, 2012
Piling On Goldman While Obscuring the Big TruthWhat's been almost entirely missing from the frenzy is a discussion of why Goldman Sachs, according to Greg Smith, was not violating federal regulations.
March 20, 2012
National Planning Holdings Reports Record Annual Revenue, 5% Jump in RepsNational Planning Holdings Inc., the network of independent broker-dealers that is an affiliate of Jackson National Life, announced Tuesday that in 2011 it posted a 13.5% increase in revenue to a record $788 million, with a 14% increase over the prior year in product sales to a record $16.3 billion.
March 20, 2012
DST Brokerage Names Tom Rozman, Will Banning to Sales TeamFormer ActiFi, Investigo executive Rozman joins DST Systems unit.
March 20, 2012
Baird Grabs 12 From Morgan, Wells Fargo, SchwabBaird on Tuesday announced the hiring of 12 advisors from Morgan Stanley, Wells Fargo and Schwab with about $1.8 billion in combined AUM and about $10.4 million in yearly fees and commissions.
March 20, 2012
Amid Wall Street Giants, a Firm Thinks Small and Exclusive (New York Times)New boutique investment banks resemble the original Wall Street model.