Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Wirehouse Model ‘Strikes Back,’ Says FRC Analyst
By Janet LevauxWhen it comes to gathering, managing and holding assets, the four wirehouse firms are “striking back,” against a bearish mentality, according to Robert Martorana, the author of a recent FRC study on the four largest broker-dealers.
May 19, 2011
TD Ameritrade’s Tom Bradley on RIA Performance, Breakaway Brokers and FiduciaryAt NAPFA conference in Salt Lake City, blunt talk from the outspoken custodian chief.
May 19, 2011
Raymond James Says April Fees, Commissions Up 2%RJ's Average fees and commissions were about $34,400 per FA last month, and average AUM is roughly $53 million per rep.
May 18, 2011
Ex-UBS Chief Grano on Wirehouses: ‘They’ve Lost Their Way’The former head of UBS-PaineWebber also says that the breakaway-broker trend is likely to continue
May 16, 2011
Fiduciary Advocates: Call Out SIFMA and NAIFAWhy don’t all the advocates for a fiduciary standard call out SIFMA and NAIFA with full-page ads in major media? It could be ultimate recruiting tactic, CFP Board...
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.