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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Star adviser parts ways with DeWaay, joins LPL
INDEPENDENT BROKER DEALERS JUN 05, 2012
Star adviser parts ways with DeWaay, joins LPL

It's another big win for LPL, as star adviser Erin Botsford leaves DeWaay Financial and hooks up with the big indie B-D

Rocked by recent fine, Brookstone ceases operations
INDEPENDENT BROKER DEALERS JUN 04, 2012
Rocked by recent fine, Brookstone ceases operations

Indie B-D Brookstone Securities ceased operations last night, just weeks after a Finra panel ordered it to pay $2.6M in fines and restitution for selling CMOs to seniors. Sources claim the brokerage's reps were not paid today.

REGULATION, LEGAL & COMPLIANCE JUN 04, 2012
High-living broker Cliff Popper commits suicide in Florida

Cliff Popper, a broker notorious for high living and high commissions from sales of mortgage-backed securities, committed suicide on Tuesday.

ALTERNATIVES JUN 03, 2012
David Lee: T. Rowe Price Real Estate Fund

REGULATION, LEGAL & COMPLIANCE JUN 03, 2012
Two Provident execs hit with fines, bans

RIA NEWS MAY 31, 2012
Finra outlines expansion

ALTERNATIVES MAY 31, 2012
Another nontraded REIT to go public

INDEPENDENT BROKER DEALERS MAY 30, 2012
DeWaay says DBSI suits could sink firm

RIA NEWS MAY 29, 2012
SEC warns B-Ds to do right thing

Will FiNet's new bonus scheme change the industry?
INDEPENDENT BROKER DEALERS MAY 29, 2012
Will FiNet's new bonus scheme change the industry?

Wells Fargo B-D aims to reward reps who bring in new business; no longer 'recruit or die'