Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Rising Tides
By Michael BranhamAs with the rest of the country, the financial planning profession is graying, and the entrance of 20- and 30-something young professionals is causing a substantial shift in the makeup of the work force.
December 21, 2011
Ameriprise Adds Morgan Stanley, Other Reps With $565M in AssetsIndependent and employee advisors join Ameriprise Financial in California, New Jersey and Oklahoma
December 20, 2011
Raymond James Adds $425M-plus FAs From Merrill, UBS and Morgan StanleySeven advisors with more than $425 million in assets joined the employee channel of Raymond James in Virginia and Florida.
December 16, 2011
RIAs With $410M in AUM to Custody With Raymond JamesFour firms, including an ex-Ameriprise affiliate, join Raymond James' RIA division with combined assets of $410 million.
December 16, 2011
SEC to Get $136M Increase Under New Spending Bill for 2012Bipartisan deal to avert government shutdown includes $1.3 billion in funding for the SEC in 2012, but $25 million cut from Dodd-Frank reserve fund; extension of payroll tax cut still up in the air.
December 15, 2011
Advisor SRO Would Cost Twice as Much as Funding SEC ExamsThe report, conducted by BCG and funded by advisor groups and TD Ameritrade, was released before a House panel vote on a spending bill that included a $136 million increase for SEC funding.
December 15, 2011
FSI Elects 2012 Board; Joe Russo Is First-Ever Advisor Named ChairJoe Russo is the first advisor ever elected chair of the independent BD organization. Larry Roth was elected vice-chair of FSI, and there are now four advisors on the 2012 board.
December 09, 2011
A First Look at the Rogue's GalleryAs National Underwriter prepares its list of the 2012 Rogue's Gallery of the life/health industry's biggest public enemies, who should make the list? Who should be spared? And which rogue should rule them all?