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"

Featured content from Bruce

It’s the age of risk, and the financial advice industry is blowing it Beneficient, GWG boss spent $59 million on home improvements during time of alleged fraud scheme Broker-dealers got more than $100 million from selling bankrupt Inspired Healthcare’s deals

Education

  • B.A., Rutgers College
  • M.S., Columbia Journalism School

Read the latest stories by Bruce

Bruce Kelly
Displaying 3542 results
INDEPENDENT BROKER DEALERS JAN 10, 2017
Cambridge's Eric Schwartz looks into the future of independent broker-dealer industry

Predicts next market downturn will usher in new era of big broker-dealer mergers

Former Advisor Group CEO Erica McGinnis leaves the firm
INDEPENDENT BROKER DEALERS JAN 10, 2017
Former Advisor Group CEO Erica McGinnis leaves the firm

Starting out in compliance, she was at the firm for 13 years, most recently as head of transitions.

Finra fines and suspends Wells Fargo adviser who lost job over cyberattack
FINTECH JAN 09, 2017
Finra fines and suspends Wells Fargo adviser who lost job over cyberattack

She transferred $350,000 from a client's account to an imposter in phishing scam without following firm's verification process.

Ron Carson's jump from LPL a big win for Cetera
INDEPENDENT BROKER DEALERS JAN 05, 2017
Ron Carson's jump from LPL a big win for Cetera

CEO Robert Moore proves he's not afraid to go toe-to-toe with LPL to recruit top advisers.

Cetera computer outage puts brokers out of commission
RIA NEWS JAN 05, 2017
Cetera computer outage puts brokers out of commission

Cambridge, Cetera will continue to pay commissions on IRAs under DOL fiduciary rule
INDEPENDENT BROKER DEALERS JAN 05, 2017
Cambridge, Cetera will continue to pay commissions on IRAs under DOL fiduciary rule

Two large independent broker-dealers are latest to retain commission structure. <b><i>(More: <a href="//www.investmentnews.com/article/20161030/FREE/161029902/broker-dealers-split-on-commissions-in-wake-of-dol-fiduciary-rule&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">B-Ds split on commissions in wake of DOL rule</a>)</i></b>

Cetera broker-dealer hit with $1.1 million in fines and restitution over sales of unit investment trusts
INDEPENDENT BROKER DEALERS JAN 05, 2017
Cetera broker-dealer hit with $1.1 million in fines and restitution over sales of unit investment trusts

Investors Capital is in the process of closing down and moving its advisers to another Cetera firm.

Finra slaps Allstate Financial with $1 million fine for array of fumbles
INDEPENDENT BROKER DEALERS JAN 04, 2017
Finra slaps Allstate Financial with $1 million fine for array of fumbles

The regulator cited a broad breakdown with the firm's failures to supervise client and adviser information.

Wells Fargo eliminates bonuses for advisers selling banking products
PRACTICE MANAGEMENT JAN 04, 2017
Wells Fargo eliminates bonuses for advisers selling banking products

Complaints surface at Finra over buffer annuities
LIFE INSURANCE AND ANNUITIES JAN 03, 2017
Complaints surface at Finra over buffer annuities

Regulator says new type of VA is highly complex and uses structured products &amp;mdash; not mutual funds &amp;mdash; in the sub account as the underlying investment.

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