Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Moving and Shaking
By Ellen UzelacWhen Bob Dineen joined Lincoln Financial Network six years ago, the organization was losing huge money -- up to $70 million a year. Not only...
February 01, 2009
Edward Jones Now Close to 11,200 FAs; Will 'Take Boring Any Day,' Says WeddleWhat's your latest advisor headcount? We had a good year in 2008 in terms of how we grow, which is through organic growth. We refuse...
February 01, 2009
Industry Hit by Class ActionsIt is no surprise that federal securities class action filings increased in 2008 over the previous year's levels given the upheaval in the financial markets...
February 01, 2009
The Skinny on the ProtocolIn this column I will address a specific issue that has increasingly become the subject of much discussion in the investment advisory industry: the "Protocol."...
January 30, 2009
SEC, FINRA aim to increase oversight amid criticismFacing criticism over the Madoff scandal, officials are looking for ways to increase broker/dealer and investment advisor oversight. At a Senate Banking Committee hearing this week,...
January 27, 2009
National Financial's Norm Malo to RetireFidelity announced January 23 that Norman Malo, president and CEO of its clearing firm for correspondent broker/dealers.
January 26, 2009
Schapiro makes suggestions on broker/dealer oversightSecurities and Exchange Commission Chair Mary Schapiro suggested tougher capital requirements for broker/dealers on Friday in a written response to questions from Michigan Democratic Sen....
January 26, 2009
Commonwealth Financial Names Wayne Bloom as CEOIndependent broker/dealer Commonwealth Financial Network announced January 22 that Wayne Bloom, its managing principal of wealth management