Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fidelity Introduces Referral Program for RIAs Using 'Centers of Influence' Philosophy
By Joyce HansonFidelity has introduced a practice management program for RIAs designed to help them develop their referral networks through "centers of influence" the Boston-based custody and clearing giant announced June 24.
June 23, 2010
Merrill-Capgemini World Wealth Report Shows High Net Worth Individuals Recouping 2008 LossesThe world's richest people regained their wealth in 2009, nearly recouping all 2008 losses, Merrill Lynch and Capgemini said in a World Wealth Report released June 22.
June 23, 2010
Top FA Survey Says: Clients 'Very Concerned'SEI Advisor survey finds that financial advisors have to spend most of their time addressing investors' concerns with growth, giving the FAs less time to work with prospective clients.
June 23, 2010
Home Sales Made Record Drop in May; Fed to Maintain RatesOn Wednesday, June 23, when new single-family home sales were reported to have plummeted a record 32.7% in May, the Fed was expected to announce no change in its benchmark interest rate.
June 23, 2010
Fed Holds Rates Steady at Historic 0%-0.25% LowsAs expected, the Fed's policy makers held interest rates steady on June 23, once again making no changes to the historically low 0-0.25% fed funds rate.
June 23, 2010
Securities America Adding Retirement-Income Training for Advisors - Part IIA deeper look at how Securities America is offering its 1,900 financial advisors time-segmented and guaranteed-income strategies.
June 23, 2010
At Morningstar Conference, Gundlach Opens 3-Day Gathering in ChicagoJeffrey Gundlach, founder of DoubleLine Capital, LP and former CIO of Trust Company of the West (TCW) opened the Morningstar Investor Conference in Chicago on Wednesday, June 23, with a story from Jack Bogle.
June 23, 2010
Securities America Adding Retirement-Income Training for Advisors (Part 2)Securities America's new hands-on Web-cast coaching program is designed to help its 1,900 independent advisors choose which clients are best suited for its NextPhase time-segmented retirement income-distribution system.