Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Fiduciary Standard Battle Heats Up
By Arthur D. PostalThe 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.
January 05, 2010
Wells Fargo's New Deferred Comp: Tied to Net New AssetsBrokers with Wells Fargo Advisors can earn up to 2 percent of total sales in 2010 by meeting certain targets for net new client assets.
January 01, 2010
Schwab Sees More Momentum, Says GristAs of September 30, 2009, 126 teams moved to an independent model with Schwab, according to Barnaby Grist, senior managing director of Schwab Advisor...
January 01, 2010
Catching Up With...Mike DurbinThere's no doubt that the names of some of the largest firms on Wall Street no longer have the cachet with the investing public that...
January 01, 2010
Morgan Stanley Outlines Exec ShiftsIn early December, Morgan Stanley announced key leadership appointments effective January 1, 2010, when James P. Gorman becomes CEO and president and John J....
January 01, 2010
BAIS Moves Reps to MerrillIn a surprise move, Banc of America Investment Services (BAIS), Inc., transitioned its registered representatives to Merrill Lynch on October 23, 2009, and then requested...
January 01, 2010
Better Days Ahead, Says Veteran AnalystEquity analyst Richard Bove of Rochdale Securities closely tracks banks, including Bank of America, Morgan Stanley and Wells Fargo. He recently spoke with Research...
January 01, 2010
Broker/Dealer NewsThe Insured Retirement Institute, the variable annuity trade group formerly known as NAVA, praised on December 4 SEC Chairman Mary Schapiro's public call for a...