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.
After avoiding the pitfalls of disastrous Regulation D deals over the past decade, Commonwealth Financial Network and LPL Financial LLC are contending with potential fallout from a real estate private placement that faces pressure from its creditors
Another troubled broker-dealer is closing, but with a twist: The firm is telling its advisers to move en masse to another firm, according to brokers at the firm and industry recruiters
The Financial Services Institute, the lobbying organization for independent broker-dealers, said Friday that it had picked up the support of advisers this week from sizable independent broker-dealer Investors Capital Corp.
A broker-dealer that was a prominent seller of high-risk private placements that wound up going bust has almost wiped the slate clean of costly litigation that could have impaired the firm's financial condition
A broker-dealer that was a prominent seller of high-risk private placements that wound up going bust has almost wiped the slate clean of costly litigation that could have impaired the firm's financial condition.
In a major hire for his new registered investment advisory firm, CWM LLC, Ron Carson has announced that well-known veteran investment adviser Rob Isbitts will become chief investment officer of the firm, which was launched July 1
Investors Capital Holdings Ltd., a publicly traded independent broker-dealer that put itself up for sale this month, could be an attractive acquisition for LPL Investment Holdings Inc. and several other large broker-dealers, according to analysts
Ted Charles, founder of Investors Capital Holdings, aims to sell a majority stake in the publicly traded indie B-D
It's taken a while, but Ted Charles finally cashed out his entire stake in Investors Capital, the publicly traded B-D he founded. The real surprise: who he ended up selling to.
