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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Nontraded BDC sales on a tear despite closing of first fund
ALTERNATIVES AUG 27, 2013
Nontraded BDC sales on a tear despite closing of first fund

Despite the recent closing of the largest business development company, BDCs are suddenly raking in the cash from advisers.

RIA NEWS AUG 23, 2013
DeWaay Financial closing its doors

PRACTICE MANAGEMENT AUG 20, 2013
LPL has solid second quarter but recruiting still sluggish

LPL enjoyed a solid financial quarter, but their adviser recruiting remained sluggish. Is there an end in sight for this slowdown?

ALTERNATIVES AUG 18, 2013
REIT board asks Thompson to resign

New CEO calls Finra charges 'severe' and 'troubling.'

ALTERNATIVES AUG 11, 2013
Inland taps a rival for its CEO

ALTERNATIVES AUG 11, 2013
Real estate fixture Thompson defrauded investors: Finra

ALTERNATIVES AUG 11, 2013
Schorsch in $2.3B deal with Inland

Real estate investor in 'unique position' to get deal done.

ALTERNATIVES AUG 10, 2013
Apple REIT Six OKs merger with Blackstone fund

Liquidity party kicks off for shareholders; Chambers Street Properties up next with planned IPO.

ALTERNATIVES AUG 09, 2013
National Planning latest to cut sales of an American Realty Capital REIT

Another B-D is cutting sales of a fast-selling American Realty Capital REIT. This time, it's not about overconcentration.

ALTERNATIVES AUG 08, 2013
Wells Fargo agrees to pay $105M to end MedCap suit

Investor recovery pool for failed private placements balloons by $105 million. Bruce Kelly has the details.

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