Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
IRI: Variable Annuity Sales in Q2 at 'Record High'
By Danielle AndrusVariable annuity sales posted record highs in the second quarter of 2010, the Insured Retirement Institute (IRI) reported Wednesday.
August 25, 2010
Baird Hires Nine FAs From Morgan Stanley, Adds Two BranchesBaird on Tuesday has hired nine financial advisors from Morgan Stanley Smith Barney in Charleston, S.C., and Fort Worth, Texas, with about $1.3 billion in total client assets.
August 25, 2010
The Slow Burn on RAAsIn my daily ration of news alerts, I got this consumer alert from the Ohio Department of Insurance. As you can see for yourself, it’s ...
August 24, 2010
Montana Sues Securities America for 'Misleading' InvestorsMontana's Securities Commissioner has filed a legal action against broker-dealer Securities America, the Ameriprise Financial subsidiary.
August 24, 2010
Lehman Suit Against Barclays Reconvenes in Bankruptcy CourtIn U.S. Bankruptcy Court, the former head of Lehman Brothers' restructuring group asserted that Barclays took unfair advantage of Lehman's haywire financial position during its takeover in September 2008.
August 24, 2010
Callan Associates Hires Morgan Dempsey as Sub-AdvisorCallan Associates hired Morgan Dempsey Capital Management, based in Milwaukee, Wisconsin, on Friday, August 20, as a sub-advisor for its Diversified Alpha Small Cap Equity Fund.
August 24, 2010
SIPC Issues Alert on Check ScamCon artists presented fake SIPC checks to buy goods and services on Craigslist.
August 24, 2010
Japanese Yen Hits 15-Year HighThe Japanese Yen surged to a fresh 15-year high against the U.S. dollar on Tuesday after the Japanese government failed to say it would take steps to curb the currency's strength amid growing concerns about the pace of the recovery.