Bruce Kelly

InvestmentNews

Bruce Kelly

Senior Columnist

26 years experience

Bruce's specialty topics

Legal and compliance Advisor compensation Alternative investments

Bruce is Senior Columnist for InvestmentNews, a leading publication for financial advisors and the wealth management industry.

An award-winning journalist, Bruce’s career at InvestmentNews began in 2000, two years after the launch of the newspaper. He has covered the brokerage industry ever since, focusing on financial advisors’ pay, the products they sell, and the firms on and off Wall Street where they work.

His reporting in the financial crisis 2008 and thereafter shed light on the many shortcomings of the financial advice industry, from weak regulation to the collapse of many broker-dealers.

Bruce writes an award-winning column, On Advice, and his daily breaking news reports give clarity and insight into what’s happening behind closed doors at the largest brokerage firms in the country.

Before becoming a journalist, Bruce taught middle school and high school English in Manhattan and Caracas, Venezuela, for a decade. He is the co-author of a 2010 book, “Financial Serial Killers,” and has two children.

How I think about writing for this industry…

“I love covering the financial advice business. We write about financial advisors and how they care about clients' lifesavings - what is more important than that?”

Awards and recognition

  • 2 SABEW awards
  • Neal Award

Also published by

Co-author of "Financial Serial Killers"

Read the latest stories by Bruce

Bruce Kelly
Displaying 3542 results
Brian Block continues his legal fight to stay out of prison
ALTERNATIVES MAR 21, 2019
Brian Block continues his legal fight to stay out of prison

A judge denied Mr. Block's motion for a new trial, but he wants another day in court.

Securities America hit with lawsuit seeking $18 million in damages
REGULATION, LEGAL & COMPLIANCE MAR 21, 2019
Securities America hit with lawsuit seeking $18 million in damages

Firm is dealing with the fallout from a rogue broker it fired a year ago.

Wells Fargo could be putting more of its focus on wealth management
PRACTICE MANAGEMENT MAR 20, 2019
Wells Fargo could be putting more of its focus on wealth management

Speculation is mounting that the bank is dumping some lines of business to focus on just a few areas, including financial advice.

Blucora to buy another broker-dealer with tax-focused advisers
INDEPENDENT BROKER DEALERS MAR 19, 2019
Blucora to buy another broker-dealer with tax-focused advisers

Blucora is paying $180 million in stock for 1st Global, with 850 advisers.

LPL's record recruiting year came with a cost — signing bonuses skyrocketed in 2018
INDEPENDENT BROKER DEALERS MAR 15, 2019
LPL's record recruiting year came with a cost — signing bonuses skyrocketed in 2018

The independent broker-dealer had $233.3 million in recruiting loans on its books, a 46% increase over 2017.

Ameriprise getting ready to launch its bank
RIA NEWS MAR 14, 2019
Ameriprise getting ready to launch its bank

Firm's advisers will soon have access to lending products such as mortgages.

First Republic snags another Wall Street veteran, this time from J.P. Morgan
RIA NEWS MAR 13, 2019
First Republic snags another Wall Street veteran, this time from J.P. Morgan

Michael S. Lee will run the New York territory for First Republic's wealth management business.

Morgan Stanley threatens to pull out of Nevada over state's fiduciary rule
REGULATION, LEGAL & COMPLIANCE MAR 13, 2019
Morgan Stanley threatens to pull out of Nevada over state's fiduciary rule

Wirehouse says it would not be able to work there under state's current proposal.

Concerns about GPB Capital trash hauling business come to the fore
ALTERNATIVES MAR 12, 2019
Concerns about GPB Capital trash hauling business come to the fore

What did IBDs that sold GPB private placements know about its trash hauling companies?

Wells Fargo Advisors sweetens the pot for both older and younger advisers
PRACTICE MANAGEMENT MAR 11, 2019
Wells Fargo Advisors sweetens the pot for both older and younger advisers

Under the changes, retiring reps get a 25% bonus and younger advisers get help acquiring the business of those leaving the firm.