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.

LinkedIn | Email

Bruce Kelly
Displaying 3504 results
INDEPENDENT BROKER DEALERS JUL 08, 2014
Schorsch to buy Validus Strategic Capital Partners, a broker-dealer of nontraded REITs and BDCs

REIT czar Nicholas Schorsch is keeping up his acquisition pace, agreeing to buy rival wholesaler Validus Strategic Capital Partners, a B-D of nontraded REITs and BDCs. Bruce Kelly has the story.

INDEPENDENT BROKER DEALERS JUL 03, 2014
LPL promotes two executives, does away with 'marketing'

Mimi Bock and Ryan Parker to get new responsibilities

REGULATION, LEGAL & COMPLIANCE JUN 24, 2014
SEC homing in on alternatives, Commonwealth CCO says

Live from the FSI OneVoice Broker-Dealer Conference: Exams do 'deep dive' on sale of products such as nontraded REITs, Commonwealth's Tolley says. <b><i> <a href=&quot;http://www.investmentnews.com/section/video?playerType=Events&amp;bctid=3117749314001&amp;date=20140128&quot;>Check out a video interview with Dale Brown, where the organization's president and CEO offers his Finra wish list.</a> </b></i>

ALTERNATIVES JUN 23, 2014
ARCP shareholders reject Schorsch's executive compensation plan

Shareholders of Nicholas Schorsch's American Realty Capital Properties turned thumbs down on the eye-popping pay plan for Mr. Schorsch and other top execs. <i>(Plus: <a href=&quot;http://www.investmentnews.com/article/20140602/FREE/140609999&quot; target=&quot;_blank&quot;>Schorsch sells a health care REIT</a>)</i>

RIA NEWS JUN 23, 2014
Schorsch REIT to sell shopping center portfolio to Blackstone

$1.975B sale will pay for land under 500 Red Lobster restaurants

INDEPENDENT BROKER DEALERS JUN 23, 2014
Sterne Agee Group in deal to acquire midsize independent broker-dealer WRP Investments

Match 'made in heaven' says president of WRP, which has 350 reps and had $48 million in gross revenue in '13.

EQUITIES JUN 19, 2014
After large shareholder criticizes ARCP, Schorsch says REIT will slow down activity

Responding to a letter from an activist investor, Nicholas Schorsch says he will keep building the company but his acquisition pace will slow. <i>(And on Monday, <a href=&quot;http://www.investmentnews.com/article/20140602/FREE/140609990&quot; target=&quot;_blank&quot;>ARCP shareholders rejected Schorsch's executive comp plan</a>)</i>

ALTERNATIVES JUN 19, 2014
Finra holds off sending nontraded REIT share price rule to SEC

Regulator still reviewing industry comments on rule to give investors better handle on share values.

ALTERNATIVES JUN 18, 2014
Nontraded REITs want delay in Finra's proposed disclosure rule

Nontraded REIT industry backs Finra's proposed disclosure rule but wants implementation pushed out to late 2015.

ALTERNATIVES JUN 18, 2014
Nontraded REITs set up for strong year but speed bumps loom

With heady momentum after a record year of sales, nontraded REITs are expected to be popular with advisers and investors again in 2014 but new regs and climbing interest rates could dampen enthusiasm.

Previous Next