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
Morgan Stanley's wealth management unit sputters in global slowdown
WIREHOUSES OCT 21, 2015
Morgan Stanley's wealth management unit sputters in global slowdown

Revenue from transactions decreased 28.5%, as skittish investors stayed away from the market.

INDEPENDENT BROKER DEALERS OCT 20, 2015
RCS Capital stock may be delisted from NYSE

Exchange warning on share price comes as Massachusetts securities cop Galvin <a href="//www.investmentnews.com/article/20151112/FREE/151119971/massachusetts-galvin-charges-realty-capital-securities-with-proxy&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">charges its wholesale brokerage, Realty Capital Securities, with proxy fraud</a>.

Charles Schwab sees 7% boost in fee-based assets
RIA NEWS OCT 14, 2015
Charles Schwab sees 7% boost in fee-based assets

Company says clients turning to advisory accounts as a result of market turbulence.

Two Schorsch REITs cancel liquidity events
ALTERNATIVES SEP 30, 2015
Two Schorsch REITs cancel liquidity events

AR Capital points to market turbulence and impending merger with Apollo.

ALTERNATIVES SEP 25, 2015
How Nick Schorsch lost his mojo

Nicholas Schorsch made hundreds of millions in real estate, but an accounting scandal devastated his business.

Activist investor takes 6% stake in LPL Financial, sending stock higher
INDEPENDENT BROKER DEALERS SEP 23, 2015
Activist investor takes 6% stake in LPL Financial, sending stock higher

Marcato Capital Management says in a regulatory filing that shares of the independent broker-dealer are undervalued. The stock was up nearly 4% Tuesday amid a broad market sell-off.

INDEPENDENT BROKER DEALERS SEP 18, 2015
LPL says competitors could be on hot seat with regulators

As inquiries into the broker-dealer wind down, regulators' focus could turn to others in the industry, CEO Casady says.

ALTERNATIVES SEP 11, 2015
RCS Capital cuts due diligence team at Cetera Financial

Group focuses on mainstream and alternative investments such as nontraded REITs.

PRACTICE MANAGEMENT AUG 26, 2015
B-D claims Voya dinged former employee's record out of revenge

Hotels owned by Schorsch's nontraded REIT found to be in disrepair
ALTERNATIVES AUG 18, 2015
Hotels owned by Schorsch's nontraded REIT found to be in disrepair

Safety and maintenance issues found at five hotels owned by American Realty Capital Hospitality Trust.