Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
What Crypto Moves Big BDs, Wealth Firms Are Making After FTX Meltdown
By Anna Irrera, Suvashree Ghosh | Yueqi YangHere's what Fidelity, BNY Mellon, BlackRock, J.P. Morgan, State Street, Goldman Sachs and other firms have in the works.
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.
January 26, 2023
Morgan Stanley Fines Some Staff $1M Over Messaging BreachesIndividual penalties are based on factors like seniority, the number of messages sent and any prior warnings.
January 26, 2023
Fee Ignorance Is Widespread Among Investors: FINRATwenty-one percent of survey respondents thought they paid no investment fees at all.
January 25, 2023
Market, Economy Likely to Worsen Before Improving: JPMorgan Strategist"Overall, we do think the direction of the economy is south," JPMorgan's Marko Kolanovic said.
January 25, 2023
Cetera to Buy Securian Financial's Wealth UnitThe deal includes 1,000 financial professionals and 30 firms working with a total of $72.2 billion in assets.
January 25, 2023
New Recruits Brought $8.5B to Kestra in 2022The firm added 80 advisors and brokers, many citing Kestra's size as a reason for joining the network.
January 24, 2023
LPL Nabs 2 BofA-Merrill ExecsCory Triolo and Tim Checko will focus on web-based and mobile applications for advisors and other technology.