Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James Says April Fees, Commissions Up 2%
By Janet LevauxRJ's Average fees and commissions were about $34,400 per FA last month, and average AUM is roughly $53 million per rep.
May 16, 2011
Clients Seek Advisors' Help in Hedging Risk: Aberdeen, Options Council SurveysInvestors’ growing risk appetite has advisors making more aggressive market plays, Aberdeen Asset Management and Options Industry Council surveys show.
May 16, 2011
Morgan Stanley Adds Teams From UBS, AmeripriseThe teams previously had more than $315 million in combined assets and $2.7 million in yearly fees and commissions
May 13, 2011
Capital Analysts Adds Shore Morgan Young to Flat-Fee Affiliation ModelThe deal with Shore Morgan Young means that Capital Analysts has more then $8 billion in assets and over 330 affiliated financial advisors.
May 13, 2011
FINRA, Grant Thornton Eye Madoff, Dodd-Frank Effect on Broker-DealersIn the post-Madoff era, the increased tangle of regulations via Dodd-Frank had the audit firm Grant Thornton invite a FINRA regulator to a discussion with New York BDs to hash out rule changes.
May 12, 2011
Baird Hires Morgan Stanley Exec as New Regional DirectorMichael J. Schroeder, president of Baird’s private-wealth group, also announced several changes to its management team.
May 11, 2011
Bill Dwyer, LPL Financial: The Extended 2011 IA 25 ProfileWe only had a few minutes with Bill Dwyer, but what he was able to pack into that time was some kind of record.
May 04, 2011
RJFS Conference: Capital-Access Focus ‘Not Optional,’ Says HelckRaymond James COO Chet Helck told more than 1,600 independent advisors on Wednesday that the firm was moving to help them compete with banks in retirement services, saying that capital-access accounts and services were “not optional – this is huge.”