Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ex-LPL, Wells Fargo Rep Pleads Guilty to Stealing $600K From Clients
By Jeff BermanThe now-barred broker used clients' money to fund gambling and personal expenses, according to the Justice Department.
February 03, 2023
Raymond James, Rep to Pay $20M Over Recruiting 'Raid' on Wells Fargo OfficeRaymond James recruited away the branch office's entire team, resulting in its closure, Wells Fargo Advisors said.
February 01, 2023
Commonwealth Rolls Out Private Wealth Designation ProgramThe CPWA designation is for advisors who want to meet the complex needs of wealthy clients.
January 31, 2023
Gavin Spitzner Dies at 57The Wealth Consulting Partners president had been fighting acute myeloid leukemia since being diagnosed with it in September.
January 30, 2023
What Crypto Moves Big BDs, Wealth Firms Are Making After FTX MeltdownHere's what Fidelity, BNY Mellon, BlackRock, J.P. Morgan, State Street, Goldman Sachs and other firms have in the works.
January 30, 2023
SEC Issues New Warning on Reg BI Compliance FailuresBDs are using outdated compliance systems, resulting in violations, the SEC exam division says.
January 30, 2023
Next Hearing Set for Suspect in BofA-Merrill Exec's KillingEx-Merrill broker Anthony Duwayne Turner's next hearing will be held Feb. 15.
January 27, 2023
Goldman Sachs Slashes CEO Solomon's Pay About 30%His package includes a $2 million base salary and $23 million in variable compensation, mainly in restricted stock units.