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"

Read the latest stories by Bruce

Bruce Kelly
Displaying 3542 results
Wells Fargo taps TD veteran to help get new RIA unit off the ground
INDEPENDENT BROKER DEALERS NOV 08, 2024
Wells Fargo taps TD veteran to help get new RIA unit off the ground

George Tamer, recently named as the "channel enablement leader" at Wells Fargo, worked at TD Ameritrade for 20 years until 2021.

Cetera’s CEO Antoniades stepping down at end of year.
INDEPENDENT BROKER DEALERS NOV 07, 2024
Cetera’s CEO Antoniades stepping down at end of year.

Antoniades’ position as CEO of Cetera Financial Group has been in question since spring of 2023.

Massachusetts and Galvin may be looking at broker-dealers’ cash sweep programs
RIA NEWS NOV 07, 2024
Massachusetts and Galvin may be looking at broker-dealers’ cash sweep programs

Morgan Stanley reported this week that a state securities regulator has been seeking information from the firm.

Broker-dealer index takes off post-election
INDEPENDENT BROKER DEALERS NOV 06, 2024
Broker-dealer index takes off post-election

The results of Tuesday’s election create tailwinds for the wealth management industry.

Thiel, Casady latest executives to keep grinding, investing, earning
RIA NEWS NOV 05, 2024
Thiel, Casady latest executives to keep grinding, investing, earning

“They have the skills to run huge companies, so why not focus on a start up?" one senior executive said.

Ramaswamy's fund family Strive pivots to wealth management; Morningstar calls Strive 'average'
RIA NEWS NOV 04, 2024
Ramaswamy's fund family Strive pivots to wealth management; Morningstar calls Strive 'average'

“That does not seem like a winning brand positioning to me,” one executive said.

B. Riley keeps indy reps after selling employees to Stifel for far less than expected
RIA NEWS NOV 01, 2024
B. Riley keeps indy reps after selling employees to Stifel for far less than expected

The price tag for the 40 to 50 financial advisors is up to $35 million.

LPL building out alts, banking services to chase wirehouse advisors, new CEO says
INDEPENDENT BROKER DEALERS OCT 31, 2024
LPL building out alts, banking services to chase wirehouse advisors, new CEO says

New chief executive Rich Steinmeier replaced Dan Arnold on October 1.

YieldStreet, investors, reach $6.2 million settlement over sunken ship scrap deal
REGULATION, LEGAL & COMPLIANCE OCT 30, 2024
YieldStreet, investors, reach $6.2 million settlement over sunken ship scrap deal

“YieldStreet raised money and some of the ships disappeared,” one attorney says.

Decked out as Elvis, LPL Financial’s Steinmeier is in the building
RIA NEWS OCT 29, 2024
Decked out as Elvis, LPL Financial’s Steinmeier is in the building

LPL's new CEO Rich Steinmeier squeezed into an Elvis outfit on Friday to celebrate Halloween.