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.

Bruce Kelly
Displaying 3234 results
Kestra Financial's new rollup lands its first RIA
NEWS RIAS AUG 20, 2019
Kestra Financial's new rollup lands its first RIA

Bluespring acquires $152.6 million firm in Ohio, Hickory Asset Management Inc.

Makeover at Wells Fargo Advisors well-received
YOUR PRACTICE PRACTICE MANAGEMENT AUG 20, 2019
Makeover at Wells Fargo Advisors well-received

The wealth management network again reduces its corporate structure as part of realignment.

Ex-broker in South Florida pleads guilty in Castleberry Financial fraud case
INVESTING ALTERNATIVES AUG 19, 2019
Ex-broker in South Florida pleads guilty in Castleberry Financial fraud case

Meanwhile, another executive charged in same fraud dies in jail awaiting trial.

LPL follows the money
NEWS RIAS AUG 17, 2019
LPL follows the money

As its fee-based advisory business continues to grow, the country's biggest IBD wants to keep more of its RIA assets at home. It won't be easy.

Bitter legal fracas brewing between top executives at Indiana broker-dealer
NEWS RIAS AUG 16, 2019
Bitter legal fracas brewing between top executives at Indiana broker-dealer

Former CEO of David A. Noyes, Mark Damer, was fired last month.

IFS Securities hit with $10 million trading loss: reports
NEWS RIAS AUG 15, 2019
IFS Securities hit with $10 million trading loss: reports

IFS Securities facing 'substantial losses' from head bond trader's bet on Treasuries.

Cetera Financial Group adds 1,000 advisers, $19 billion in assets so far in 2019
NEWS BROKER DEALERS AUG 14, 2019
Cetera Financial Group adds 1,000 advisers, $19 billion in assets so far in 2019

The broker-dealer network is adding both new and experienced advisers

The fight over who owns the client comes to RIAs
NEWS RIAS AUG 13, 2019
The fight over who owns the client comes to RIAs

Mercer Global Advisors sues adviser who jumped to a competitor.

FSC Securities facing arbitration claim over REIT and VA sales
NEWS REGULATION AND LEGISLATION AUG 12, 2019
FSC Securities facing arbitration claim over REIT and VA sales

Investors allege that brokers used lump sum retirement payouts to buy high-commission products

Focus Financial reports strong M&A numbers
NEWS RIAS AUG 08, 2019
Focus Financial reports strong M&A numbers

The 30 deals it closed on so far this year already exceeds the total it had in 2018.