Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FSI Elects 2012 Board; Joe Russo Is First-Ever Advisor Named Chair
By James J. GreenJoe 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 06, 2011
Broker-Dealer Pacific West to Close Its DoorsIn a further sign of economic and legal trouble for the independent broker-dealer space, Pacific West Financial Group, based in Renton, Wash., announced it was discontinuing operations.
November 30, 2011
A Frank FarewellWhen Barney Frank announced on November 21 that he would not seek re-election, I was disappointed.
November 28, 2011
10 Steps to Bulletproof Your PracticeAs a recruiting firm, we deal with compliance issues so frequently that, put in college terms, I majored in recruiting and minored in compliance.
November 22, 2011
FINRA Fines Wells Investment Securities Over ‘Misleading’ REIT MaterialsFINRA fines Wells Investment Securities $300,000 over non-traded timberland REIT advertising and sales materials which contained 'misleading, unwarranted and exaggerated statements.'
November 21, 2011
BondDesk’s New Partnership With Trade West Creates ‘Retail Supermarket for Bonds’BondDesk's deal with Trade West gives investors access to individual bond sales via third-party platforms that compete with the BondDesk automated trading system.
November 18, 2011
The Ins and Outs of Palladium InvestingThe precious metal could get a boost from stronger auto sales and other industrial demand.
November 18, 2011
Asset Management Will Face Greater Headwinds in 2012: McKinsey ReportThe U.S. asset management industrys apparent resilience has temporarily masked serious challenges related to costs, productivity and growth, according to a report by McKinsey & Co.