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
PRACTICE MANAGEMENT MAR 29, 2018
Merrill Edge looks to hire 300 advisers in 2018

Online brokerage platform also plans to open 600 new investment centers by 2020.

REGULATION, LEGAL & COMPLIANCE MAR 28, 2018
Aegis Capital fined $1.3 million for failing to red flag overseas penny stock trades

Firm admitted it failed to file 'suspicious activity reports' on numerous suspicious transactions, the SEC says.

PRACTICE MANAGEMENT MAR 28, 2018
Independent broker-dealers open up their coffers as fight for talent turns fierce

One factor was the competition for NPH advisers as IBDs record double-digit increases in the amount spent on forgivable loans.

RIA NEWS MAR 27, 2018
Lisa McAlister, former ARCP exec, avoids prison

The former chief accounting officer was sentenced to time served for her role in the fraud that led to the unraveling of Nicholas Schorsch's real estate-based empire.

PRACTICE MANAGEMENT MAR 23, 2018
UBS reels in $30 billion J.P. Morgan team focused on Mexico

The five-member team will be based in Miami, Houston and New York.

FINTECH MAR 22, 2018
What to make of Morgan Stanley's new robo

The brokerage's focus on digital could be a way to retain younger clients or an effort to catch up with Merrill.

ALTERNATIVES MAR 22, 2018
More turnover at top of REIT manager CNL Financial

The president of the company's wholesaling broker-dealer is the latest senior executive to leave.

RIA NEWS MAR 22, 2018
Lightyear Capital's Donald Marron said to be in the hunt for Cetera Financial Group

The veteran brokerage executive, who bought Advisor Group in 2016, owned Cetera once before.

RIA NEWS MAR 20, 2018
LPL expands securities-based loans through Goldman Sachs

Some clients using Goldman's program will be able to obtain a loan in days, instead of weeks.

PRACTICE MANAGEMENT MAR 19, 2018
Ameriprise CEO took home $64.7 million in 2017

James Cracchiolo earned $23.9 million in direct compensation and cashed in $40.8 million in stock options; Wells Fargo's Tim Sloan got $17.4 million even as bank stuggled through more scandals.