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Bruce Kelly

Senior Columnist

Bruce Kelly

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

RCS Capital cuts due diligence team at Cetera Financial

Oct 8, 2015

Group focuses on mainstream and alternative investments such as nontraded REITs

LPL's Casady could be on the hot seat

Oct 1, 2015

Activist investor Marcato could demand more of a say in how the company is run in effort to boost its stock price

Two Schorsch REITs cancel liquidity events

Sep 29, 2015

AR Capital points to market turbulence and impending merger with Apollo

Activist investor takes 6% stake in LPL Financial, sending stock higher

Sep 22, 2015

Marcato Capital says shares of the independent broker-dealer are undervalued at current levels

How Nick Schorsch lost his mojo

Sep 21, 2015

The REIT king made hundreds of millions in real estate, but an accounting scandal devastated his business

Big IBD Next Financial on the block

Sep 11, 2015

Prospective buyers have been kicking the tires at the firm, which has 739 affiliated registered reps and advisers, according to executives familiar with the potential sale

Hotels owned by Schorsch's nontraded REIT found to be in disrepair

Aug 18, 2015

Safety and maintenance issues found at five hotels owned by American Realty Capital Hospitality Trust

Ponzi schemer haunts AIG Advisor Group in arbitration decision

Aug 14, 2015

FSC Securities is on the hook for a $1.28 million arbitration award to investors who were swindled by notorious con man Aubrey Lee Price

Schorsch and ARCP/Vereit in legal fight for millions

Aug 13, 2015

A dispute over $126.7 million is brewing between the former REIT czar and the giant REIT he once controlled

RCAP to focus on cost-cutting at Cetera

Aug 7, 2015

After cutting a deal to sell its wholesaling business, the firm will concentrate on consolidating operations at its broker-dealer group

More by Bruce Kelly »