Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
October 23, 2024
Raymond James Tops Estimates, Adds 75 Reps in Latest QuarterIts private client assets jumped 25% from a year ago to $1.5 trillion.
October 22, 2024
LPL Board Confirms Rich Steinmeier as CEOThe company also appointed a new president and chief financial officer.
October 21, 2024
LPL Blasts Ameriprise Recruiting Suit as 'Public Relations Stunt'Ameriprise has filed several lawsuits against LPL alleging improper recruiting tactics.
October 21, 2024
7 Top SEC Exam Priorities for 2025In addition to core business practices, examiners will focus on new rules, emerging tech and investor data protection.
October 18, 2024
BD Violated Reg BI With Excessive Trading That Cost Clients $1M: SECPHX Financial and a registered rep made over $400,000 in commissions and fees while clients lost money, the SEC said.
October 16, 2024
Osaic Hires CFO From Thomson ReutersKristy Britt was head of finance for operations and technology at the company.
October 15, 2024
Ameriprise Says LPL Urged Advisor to Improperly Lure ClientsLPL's "regular pattern and practice is to encourage recruits to violate their contractual agreements," Ameriprise alleges.
October 15, 2024
Citi Posts Gains Across Board as Trading Beats ExpectationsCitigroup Inc.'s traders turned in their best third-quarter performance in at least a decade as they benefited from the surge in volatility across asset…
October 15, 2024
Goldman Profit Jumps 45%; Stock Trading Set for Record YearThe bank's asset and wealth management business posted revenue of $3.75 billion, up 16% from a year earlier.
October 14, 2024
B. Riley Sells Majority Stake in Great American to Oaktree FundsThe deal could help the troubled broker-dealer and investment firm, now wrestling with a debt load estimated at about $2 billion.