Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
February 13, 2025
Ameriprise Files for TRO Against 3 Advisors for Taking Client Data to LPLThe advisors printed out more than 8,000 pages of data and pre-solicited clients, Ameriprise alleges.
February 11, 2025
11 Best & Worst Broker-Dealers: Q4 Earnings, 2024Each firm reported a positive jump in year-over-year results, and many topped analysts' estimates.
February 06, 2025
LPL’s New Leader Moves Past CEO Firing With Eye on GrowthThe firing of its prior CEO “didn’t turn from a crisis event to a company in crisis,” said Rich Steinmeier.
January 31, 2025
Raymond James Beats Estimates, Stops Reporting Quarterly Advisor HeadcountIndustry watchers say they don’t see a downside to the firm's new approach to disclosing this data.
January 29, 2025
Commonwealth in Talks to Sell Minority Stake: ReportThe firm, led by Wayne Bloom, will likely attract strong private equity interest, said one industry watcher.
January 27, 2025
LPL Recruits $1.3B Father-Son Duo From UBSWilliam “Bill” Bruen Jr. and Andrew Bruen have joined the independent broker-dealer in New Jersey.
January 27, 2025
Raymond James Gets Restraining Order Against Ex-Intern Accused of DefamationThe court barred the former intern from going within 100 yards of firm offices and two employees.