Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Summit Participants Focus On Seniors
By Arthur D. PostalSecurities regulators from state and federal agencies gathered here this week to talk about ways to protect older investors.The agencies that participated in the Senior ...
September 17, 2008
Government Nationalizes AIG; Fed Leaves Rates UnchangedThe Federal government essentially nationalized the American International Group, the world's largest insurer, on Tuesday night, Sep. 16, via an announcement by the Federal Reserve that it, with the support of the Treasury Dept., would make a secured, $85 billion two-year loan to AIG so it could sell some of...
September 17, 2008
Broker/dealers are deadJohn Gapper writes in the Financial Times that, in the broker/dealer space, the bell tolls for thee. Granted he means large wirehouses, not the independent...
September 15, 2008
Wall Street StunnedWall Street is not what it used to be, for good or ill. Culminating (at least for the moment) a months-long period of market volatility and uncertainty spawned by the credit/housing crisis and punctuated by a Federal government-engineered bailout of Bear Stearns at the end of March and a Federal...
September 15, 2008
How the Wall St. Earthquake Will Affect ClientsHow are advisors reacting to the latest news of the changing landscape on Wall Street, with the bankruptcy of Lehman Brothers and the acquisition of Merrill Lynch by Bank of America? For one thing, they're putting it into the context of the broader credit and housing crisis that has affected...
September 15, 2008
Who's on Deck?Following the demise this year of Bear Stearns, the federal takeover of Fannie Mae and Freddie Mac, the bankruptcy filing of Lehman Brothers, and the...
September 12, 2008
ING Lowers Ticket Charges fof FAs (Sept. 15, 2008)The independent broker-dealers of ING have announced they are lowering fees on trades for their financial representatives and advisors on an array of transactions with the aim of making the cost advis
September 11, 2008
Securian to Acquire Capital Financial Group/H. BeckIn what could be further evidence of consolidation in the independent broker/dealer space--or of the enhanced value that winning Investment Advisor's Broker/Dealer of the Year brings to honorees--another mid-sized independent B/D has been acquired by one of its larger brethren.