Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Osaic Failed to Supervise Trading in Dead Client's Account: FINRA
By Melanie WaddellThe broker-dealer, earlier known as SagePoint, was fined $250,000 for issues with this matter and another account.
November 07, 2024
11 Best & Worst BDs: Q3 Earnings, 2024Seven of these large BDs posted profit growth from last year, while earnings fell at four.
November 06, 2024
Goldman, JPMorgan Soar With Trump Poised to Deliver DeregulationTrump has vowed to cut the corporate tax rate, eliminate 10 regulations for every new one and fire some financial regulators.
November 05, 2024
JPMorgan Is Latest to Be Sued Over Cash SweepsA customer alleges "exploitative and unfair implementation" of the firm's bank deposit sweep program.
November 05, 2024
What Makes the 2024 Luminaries Finalists Stand OutSee our new guide to the firms and individuals redefining leadership and innovation in wealth management.
November 04, 2024
BlackRock Seeks to Offer Vanguard-Style ETF Shares in Mutual FundsThe firm joins dozens of others who've made similar requests since Vanguard's patent on the structure expired.
November 01, 2024
Stifel to Buy Part of B. Riley's Wealth UnitThe deal, which could be priced for as much as $35 million in cash, involves up to 50 advisors and $4.5 billion of client assets.
November 01, 2024
Ex-JPMorgan Advisor to Halt Client Poaching Amid ArbitrationGary Carruthers was sued after allegedly persuading former clients with $24 million in assets to move their business to Wells Fargo.