Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Morgan Stanley Posts '09 Results; Revenue Up for 18,135 FAs
By Janet LevauxThis news article originally appeared on ResearchMag.com on 1/20. Morgan Stanley says its Global Wealth Management group - which includes the operations of Smith Barney --...
January 18, 2010
From the SEC's Schapiro, Almost All the Right Words on FiduciaryMuch is being made of SEC Chair Mary Schapiro's testimony in front of the Financial Crisis Inquiry Board on January 14 regarding her comments about...
January 15, 2010
Crisis Culprits to Pay Back Cash?It has been an extraordinary week, by any standard, if you were paying attention to what was happening in Washington regarding the financial crisis.
January 14, 2010
Merrill's Krawcheck on Breakaway Brokers: Just 'Industry Chatter,' Given Low AttritionThe wealth-management executive at BofA says the top-two quintiles of FAs not leaving en masse to join RIA, other channels.
January 14, 2010
Merrill's Krawcheck Says Reports of Broker Departures to RIA Channel OverblownAttrition rate of Merrill brokers at all-time low
January 13, 2010
2 Veteran Smith Barney FAs Move to Baird Wealth ManagementGroup added more than 100 financial advisors in 2009.
January 13, 2010
FA Retention Bonuses SurgeAs the epic battle for advisors continues, wirehouse firms have been offering generous retention bonuses to keep their existing FAs happy.
January 13, 2010
Fiduciary Standard Battle Heats UpThe head of Goldman Sachs Group Inc. and a coalition of consumer groups are speaking up for the idea of imposing a fiduciary standard of care on all sellers of investment products.