Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FINRA Fines, Suspends Ex-Securities America Rep Who Impersonated Dead Client
By Jeff BermanThe ex-broker pretended to be her deceased relative, a firm client, in a phone call, FINRA says.
December 29, 2022
Goldman's Job Cuts Are Coming Next Month: CEOThe firm may seek to eliminate as much as 8% of its workforce, or up to 4,000 jobs, to contain a slump in profit and revenue.
December 28, 2022
Morgan Stanley to Pay $800K for Overcharging ClientsClients across over 2,000 accounts allegedly paid about $802,000 in excess sales charges and fees, according to FINRA.
December 28, 2022
8 Trends That Will Reshape Wealth Management in 2023Advisors who embrace these trends will be well-positioned to thrive and add new clients.
December 28, 2022
BDs Taking a Hit as More Advisors Choose Independence: CerulliA Cerulli report finds that 71% of all advisors, on average, would prefer independent affiliation.
December 28, 2022
Is It Time for a Retirement Portfolio Reset?When prices rebound, retirement-focused investors will have big decisions to make, Morningstar's Christine Benz says.
December 27, 2022
7 Retirement Income Predictions for 2023It's likely to be a key year for retirement income innovation, and not just because of Secure Act 2.0.
December 27, 2022
Ex-Broker Gets 20 Years in Prison Over Ponzi, COVID-19 Fraud SchemesChristopher Parris took $7.4 million in advance payments for N95 masks he knew he couldn't deliver.