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 JUL 28, 2013
Carson acquires $218M AUM hybrid

Plans to complete up to eight such deals this year.

INDEPENDENT BROKER DEALERS JUL 28, 2013
LPL right to eliminate 'self-supervision'

Beginning in 2015, firm to charge its reps for outside supervision.

ALTERNATIVES JUL 26, 2013
Troubles mount as Tony Thompson's nontraded REIT halts dividends

TNP Strategic Retail Trust cites loan compliance issues with lenders.

INDEPENDENT BROKER DEALERS JUL 25, 2013
Finra panel sets $18.5 million award against defunct B-D

Action related to Provident Royalties, found to be a Ponzi scheme.

ALTERNATIVES JUL 24, 2013
Five IBDs in $7M settlement over nontraded-REIT sales

Ameriprise and four other IBDs agreed to pay fines and restitution in a deal with Massachusetts securities cop William Galvin. The state's action is the latest in a series of crackdowns on the sale of nontraded REITs.

RIA NEWS JUL 24, 2013
Relationship between Wall Street and independents grows

Big guns making inroads but it's not an easy task as winning trust is key to the holy grail.

INDEPENDENT BROKER DEALERS JUL 23, 2013
Interest rate spike boosts fortunes of broker-dealers

Citi analyst upgrades Schwab to buy, boosts price targets for LPL, TD Ameritrade.

INDEPENDENT BROKER DEALERS JUL 21, 2013
Stand-alone LPL reps to see big fee hike

Firm will no longer allow one-person shops to supervise themselves.

REGULATION, LEGAL & COMPLIANCE JUL 18, 2013
Finra's financial woes no recipe for viability

SRO recorded substantial losses in 2012

ALTERNATIVES JUL 17, 2013
Nontraded-REIT party is about to commence

A half dozen nontraded REITs are planning 'liquidity events' that could float investors' boats. Bruce Kelly has the details.

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