Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
A Broker's Broker
By Ellen UzelacLast June, when the financially troubled Brookstreet Securities Corp. collapsed, some 500 advisors were instantly out of work. Behind the scenes, recruiter Larry Papike was...
August 17, 2007
B/Ds Vying for Top TalentA newly released joint study--The Race for Top Talent--by Pershing, a unit of The Bank of New York, and consulting firm Moss Adams says that all types of broker/dealers are vying to attract top talent. The study is a component of TalentConnect, a program recently launched by Pershing that helps...
August 17, 2007
RIAs Are Fastest Growing Distribution ChannelNew research by Cerulli Associates says that the fastest growing advisor channels are the ones with the most independence, registered investment advisors (RIAs). The biggest...
August 15, 2007
Eastbridge: Worksite Benefit Prospects Remain HighThe voluntary benefits industry remains positive about its near-term prospects.The latest Voluntary Industry Confidence Index survey by Eastbridge Consulting Group, Avon, Conn., shows the mid-year ...
August 12, 2007
Despite Noise Over McCarran Repeal, Enactment Is UnlikelyFor those insurance industry people old enough but still capable of remembering where they were when told that Elvis Presley had died, one of the ...
August 10, 2007
First Allied Securities Gains New PresidentKeith Gregg has been named president and co-CEO of independent broker/dealer First Allied Securities effective August 20, sharing the co-CEO role with Adam Antoniades, president of First Allied's parent, Advanced Eqities Financial Corp.
August 06, 2007
Spector Leaves Bear StearnsBear Stearns announced on Sunday, August 5, management changes that include the resignation of an Executive Committee and Board of Directors Member, Warren Spector, who was president and co-COO of Bear Stearns Companies Inc.
August 05, 2007
NAVA's Annuity Sales Processing Initiative Gets Another EndorsementThe Financial Services Institute has endorsed NAVA Inc.'s new straight-through processing initiative for selling annuities.Insurers and distributors that belong to NAVA, Reston, Va., developed the ...