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Bruce Kelly

Senior Columnist, Independent Broker-Dealers and Wirehouses

Bruce Kellyhttp://www.investmentnews.com/apps/pbcsi.dll/persbilde?Avis=CI&ID=BKELLY&maxw=220&cci_ts=20171217201739

A former middle school and high school English teacher, Bruce Kelly started at InvestmentNews in 2000 as the brokerage reporter after a two-year stint at sister publication Pensions & Investments. He writes a bi-weekly, award winning column, On Advice, and covers the independent broker-dealer industry.

Recent Articles


Morgan Stanley's aggressive move against former employee puts brokers on notice

Dec 14, 2017

Wirehouse's pursuit of New Jersey broker through courts shows firm intends to enforce non-solicitation agreements, experts say


Morgan Stanley wins restraining order, but former broker can contact clients

Dec 13, 2017

New Jersey broker John Fitzgerald left for Commonwealth Financial Network last week


SIFMA makes client-data safety a top priority

Dec 12, 2017

Brokerage trade group aims to establish working principles on data that involve access and permissions


FS Investments parts ways with Blackstone, announces new partnership with KKR

Dec 11, 2017

With $18 billion in assets, FS Investments and KKR plan on having the largest BDC on the market


Barred Florida broker goes on to sell millions in defunct Woodbridge loans

Dec 8, 2017

Since the SEC bar in 2010, Barry Kornfeld has sold commercial mortgage loans of the Woodbridge Group of Companies, which filed for Chapter 11 bankruptcy and has stopped paying investor distributions


Morgan Stanley will boost savings with broker-protocol exit, UBS analysts say

Dec 8, 2017

Report from rival firm says wirehouse stands to benefit from lower recruiting costs

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Next Financial whacked (once again) by Finra

Dec 7, 2017

Firm is back in hot water for poor supervision of VA sales, among other violations


Stripped of fat commissions, nontraded REIT sales tank

Dec 7, 2017

The "income, diversify and interest rate" pitch was never the main draw for brokers


Woodbridge bankruptcy burns advisers and real estate investors

Dec 5, 2017

Luxury developer in SEC fraud investigation leaves elderly investors without monthly dividend

Merger Acquisition

Wentworth buys Purshe Kaplan Sterling

Dec 5, 2017

Holding company seeks to acquire more IBD shops as M&A deals continue to heat up in 2017

View all stories by Bruce »