Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ex-LPL Rep Who Put Clients' Funds in Tequila Company Takes Shots From FINRA
By Jeff BermanThe former LPL and Royal Alliance broker has been suspended for seven months and fined $5,000.
March 03, 2022
Cambridge in Hot Water Over Revenue Sharing, Wrap Account ConflictsCambridge failed to disclose conflicts of interest and breached its duty of care related to fund selection, the SEC said.
March 03, 2022
Citigroup Plans to Target Independent Advisors in Wealth Management PushThe bank is working with InvestCloud to offer the products to nearly 150 wealth management firms on that company's platform.
March 02, 2022
FINRA Releases FAQ on Senior Exploitation RulesThe FAQ clarifies new rules that expand BDs' power to protect clients they think are targets of financial abuse.
March 01, 2022
Commonwealth Rolls Out Virtual Admin ProgramThe offering pairs advisors who need support with specialists employed by Commonwealth.
February 28, 2022
The Big Mistake That Leaves Advisors Open to LawsuitsToo many brokers and advisors skip a crucial step when joining a firm, legal experts like Brian Hamburger say.
February 28, 2022
No, Your Client Won't Ditch You for a Robot: Vanguard SurveyMore than 90% of clients with a human advisor said they wouldn't go digital-only, researchers found.
February 25, 2022
Firms Signal Desire for Change in Wealthtech: ReportWealth management firms controlling roughly $10 trillion in AUM represent the biggest market opportunity for fintech, Cerulli found.