Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ex-Morgan Stanley Rep Inflated Clients' Net Worth, FINRA Says
By Jeff BermanThe rep circumvented limits on non-investment grade bonds, leading to his firing and suspension, according to FINRA.
April 11, 2022
Advisors Want a Spot Crypto ETF: Nasdaq SurveyMore than 70% of crypto-embracing advisors would more likely invest client assets in crypto if a spot ETF was available.
April 08, 2022
Nearly All Merrill Brokers Expected to Shift to Teams by 2030While it's unclear if teaming will be required, such a mandate could prompt some advisors to flee, recruiters say.
April 07, 2022
FINRA Bars Ex-Cetera Rep Who Used Client Money to Buy Her Son Mutual FundsCetera terminated the former broker after investigating her for allegedly converting over $40,000 from three older clients.
April 05, 2022
Ex-LPL Exec Burt White Joins Carson GroupOver the 14 years he spent at LPL, White earned a reputation as an informative and entertaining speaker on investment trends.
April 04, 2022
Penny Phillips: Want to Build a Lasting Business? Make Yourself Less RelevantJourney Strategic Wealth's president says effective leadership means letting archaic practices and self-defeating belief systems go.
April 01, 2022
Robinhood Retirement Accounts Are Getting CloserThe company's plan, while not surprising, "will open Robinhood up to more regulatory scrutiny," consultant Tim Welsh says.
March 31, 2022
LPL Launches SMA Strategies on Model Portfolio PlatformThe news comes about eight months after LPL said it was testing SMAs via a pilot program.