Bruce Kelly

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.

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Bruce Kelly
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RETIREMENT PLANNING SEP 29, 2014
Jay Wintrob resigns as CEO of AIG Life and Retirement

He had been in contention to succeed Benmosche as head of AIG.

INDEPENDENT BROKER DEALERS SEP 25, 2014
Executives of defunct IBD hit with $1.05 million arbitration award

Investors sued individuals after the firm, Allied Beacon Partners, ran out of capital and failed to pay earlier arb award.

INDEPENDENT BROKER DEALERS SEP 25, 2014
Former LPL exec Bruton lands

Ex-managing director of LPL Financial is named CEO of Lucia Capital Group, a firm that includes an RIA and broker-dealer and has $2.3 billion of client assets.

INDEPENDENT BROKER DEALERS SEP 24, 2014
Penny stock bust includes ex-husband of 'Sopranos' star

One of those arrested, Abraxas 'A.J.” Discala, was married to Jamie-Lynn Sigler

ALTERNATIVES SEP 23, 2014
RCAP buying Cole Advisor for $700 million

Nicholas Schorsch's RCS Capital has agreed to buy Cole Capital, which he also controls. <i>Plus: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">See our map of the REIT czar's empire</a></i>

ALTERNATIVES SEP 23, 2014
Nontraded REIT in big shareholder payout

With special dividend, KBS Real Estate Investment Trust II has paid shareholders $8.50.

ALTERNATIVES SEP 23, 2014
Untangling Nicholas Schorsch's vast web of businesses

The REIT czar's empire is broken down in this &quot;simple&quot; visual covering all entities under his purview

RIA NEWS SEP 22, 2014
Ladenburg Thalmann completes acquisition of Securities Service Network

$45 million deal brings burgeoning IBD network to nearly 4,000 reps.

ALTERNATIVES SEP 22, 2014
Nontraded REITs stack up well compared with traded REITs

First-time study recognizes growth in industry and also levels criticism.

INDEPENDENT BROKER DEALERS SEP 17, 2014
LPL losing another top member of investment management team

Scott Welch, co-founder and CIO of Fortigent, is latest to leave.