Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Raymond James Parts Ways With $13B Concurrent Advisors
By Jeff BermanThe OSJ launches its own RIA as it shifts to a multi-custodial, hybrid RIA platform.
September 23, 2022
Raymond James Fined $500K Over Rep Who Stole From WWII VetThe firm failed to supervise the rep, who was later sentenced to five years in prison, the SEC said.
September 21, 2022
Advisor Charged With Securities Fraud in Insider Trading SchemeAn advisor allegedly traded after a friend discussed a potential acquisition at the company he worked for.
September 21, 2022
More RIAs Outsourcing Investment Management: SurveyAdvisory firms using outside investment managers are overwhelmingly satisfied with them, according to FlexShares.
September 20, 2022
Henschen: Is It the Right Time to Check Out These 4 BDs?Here are some key qualities that advisors may want to look for in both their broker-dealer and their timepiece.
September 20, 2022
Waddell & Reed Ordered to Pay $776K Over Reverse ChurningThe firm allegedly breached its fiduciary duty by keeping clients who traded infrequently in wrap-fee accounts.
September 20, 2022
Morgan Stanley to Pay $35M SEC Fine Over Data SecurityAbout 15 million clients' details were compromised over a five-year period starting in 2015.
September 19, 2022
Ex-Morgan Stanley Broker Pleads Guilty to $7M Ponzi SchemeShawn Edward Good bought at least five luxury cars with clients' money, according to prosecutors.