Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
LPL Nabs $1.2B Father-Son Team From Morgan Stanley
By Jeff BermanThe Francis Group opted to affiliate with LPL Strategic Wealth Services, LPL's supported independence business model.
September 15, 2023
Here's Why Schwab Continues to Lose TD Advisory AssetsIn August, its core net new assets fell 64% from July to $4.9 billion; they dropped 89% year over year.
September 14, 2023
8 Marketing Rule Documents the SEC Requests During ExamsThe agency has already fined firms that have failed to comply, and it's looking for more offenders.
September 12, 2023
Trade Groups Plead With SEC to Rethink Custody Rule PlanIndustry groups also want the SEC to withdraw its plan that addresses conflicts when BDs and advisors use AI.
September 12, 2023
Jamie Hopkins to Exit Carson GroupCarson's managing partner of wealth solutions says he plans to join a firm closer to home in October.
September 11, 2023
12 Steps to Closing a Deal Over a MealBefore talking business, you want to create a "wow" moment.
September 08, 2023
FINRA Bars Ex-Schwab Broker for Taking Clients' Social Security ChecksThe former broker gave clients his own account number instead of theirs, FINRA said.
September 07, 2023
Looming DOL Rules Could Have 'Long-Term Ramifications,' Lawyer WarnsA DOL fiduciary rulemaking is not the only development advisors should watch, Brad Campbell says.