Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
October 11, 2024
Falling Rates Aren't as Bad as Feared for Wells Fargo, JPMorganThe banks' shares rose after they reported quarterly earnings that included upbeat results in investment banking and capital markets.
October 10, 2024
TD Fined $3.1B, Hit With Asset Cap Over Money LaunderingThe news follow Toronto-Dominion Bank's guilty plea over its failure to prevent money laundering by drug cartels and other criminals.
October 09, 2024
Cetera CEO: What's Next After Protective Life DealThe firm aims to "make the big feel small" for its 12,000 advisors across channels, CEO Durbin says.
October 09, 2024
FINRA Bars Former Morgan Stanley AdvisorRobert Daly declined to provide information for a probe related to possible undisclosed private securities transactions, FINRA said.
October 09, 2024
Wall Street Salaries Fall Further From Pandemic HeightsThe 5.2% drop on the prior year was largely due to smaller bonuses, which were $176,500 on average.
October 08, 2024
FINRA Bars Ex-Rep Ousted for Outside Business ActivityA former New York Life Securities rep charged fees for outside services that he failed to disclose.
October 08, 2024
UBS Accuses Ex-Advisor of 'Brazen' Attempts to Take ClientsDouglas Frew went to one client's home and called another 10 times from his personal phone, a lawsuit says.
October 07, 2024
Stifel Must Pay Clients Over $14M in Structured Notes Case: FINRA PanelThe award includes $9 million in punitive damages.
October 04, 2024
B. Riley Boca Brokers Exit Ahead of Firm's Effort to Raise CashThe office was known to be a top producer for the wealth unit, which managed about $25 billion at the end of last year.
October 04, 2024
LPL Closes Acquisition of Atria Wealth SolutionsThe firm said it expects to meet or exceed its 80% advisor retention goal.