Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
AIG Advisor Group Buys Woodbury Financial
By John SullivanThe wait is over. AIG and The Hartford announced Tuesday evening that the insurance giants had signed a definitive agreement to make Woodbury Financial Services part of AIGs Advisor Group
July 27, 2012
Raymond James Loses a $200M Rep, but Keeps 90% of MK AdvisorsOne recruiter says he is quite "surprised" at the retention level given the competitive compensation environment. Private Client Group President Tash Elwyn was upbeat about the firm's retention efforts.
July 26, 2012
Raymond James Celebrates 50 YearsWhile stock-market rallies have come and gone over the past 50 years, solid leadership at Raymond James has been more consistent.
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.