Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
TD Fined $3.1B, Hit With Asset Cap Over Money Laundering
By Christine Dobby & David VoreacosThe news follow Toronto-Dominion Bank's guilty plea over its failure to prevent money laundering by drug cartels and other criminals.
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 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.
October 03, 2024
Edward Jones Launches Financial Planning, SMA OfferingsClients with at least $250,000 in advisory program accounts will have access to personalized planning.
October 03, 2024
LPL Recruits $2.1B Team From Raymond James in TexasThe Noble Group has nine advisors and is based in Sugar Land, Texas.