Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Paul Reilly to Replace Tom James as Raymond James CEO on May 1
By James J. GreenRJ board confirms succession plan; declares dividend for 25th straight year
February 19, 2010
Morgan Stanley Exec Leaving Post as Head of New York City FAsJimmy Tighe had been with Citi for 16 years; reportedly may join BofA-Merrill.
February 19, 2010
Standard Of Care Still Up In The AirNo final decisions have been reached on the standard of care that will be mandated for sale of investment products by investor advisors or broker-dealers in Senate financial services reform legislation.
February 19, 2010
Standard Of Care Still Up In The AirNo final decisions have been reached on the standard of care that will be mandated for sale of investment products by investor advisors or broker-dealers in Senate financial services reform legislation.
February 17, 2010
HighTower Attracts Another Wirehouse Team; Aims to Grow AUM to $50 Mn.HighTower has just recruited the Strata Group, which manages some $500 million in assets, from Morgan Stanley Smith Barney.
February 17, 2010
Investors Cap Grows Profits, Boosts Recruiting of Top FAsIn terms of its advisor headcount, the broker-dealer has some 550 reps, down from over 600 a year ago, and says it is "emphasizing recruiting quality over quantity and culling lower-producing representatives."
February 17, 2010
Raymond James: Recruiting Wirehouse and Other Advisors with $1 Billion in Total AUMRecruited advisors continue to join Raymond James from Merrill Lynch, Morgan Stanley Smith Barney and Wells Fargo Advisors.
February 17, 2010
Groups Fight Senator Johnson Legislation Amendment on Fiduciary DutyJohnson amendment would delete broker fiduciary requirement from financial reform bill