After incurring a 'signficant loss' in 2011, Finra plans to raise a number of user fees. How big a hit will B-Ds take? The hikes will range anywhere from 5% to 50%.
Although 2011 offered its share of challenges, independent broker-dealers were still able to rack up solid gains.
For independent broker-dealers, 2011 was a challenge. Mounting technology costs, intense scrutiny and new rules from securities regulators were compounded by record low interest rates, which decimated returns on once-lucrative activities such as margin lending and holding clients' cash.
Mid-cap companies can offer the higher growth potential of smaller companies, with the strength and stability generally offered by larger companies.
Rollup firm acquires much smaller outfit — but lands popular radio show in the process
What next? The financial advice business is finally booming again, but industry watchers are now warning about a coming talent shortage. IN investigates in this NextGen special report.
New service is a result of demand from Genworth advisers who are looking for help either to sell or expand their practices.
Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.
LPL's special dividend will be payable May 25 and will be followed by a regular quarterly dividend starting at 12 cents per share.
Card sells for $22K just weeks after going for $1K; heck of a Linvestment
Company claims that the pair downloaded proprietary client info before exiting; computer scrubbing ahead?
Regions Financial Corp. may sell $700 million of shares to repay a government bailout, less than analysts predicted.
Britain's former prime minister, Tony Blair, kicked off the Schwab Impact 2011 conference with a sober assessment of the challenges raised by the Arab Spring and expressed concern that short-term political considerations could thwart long-term solutions to problems facing the global economy.
A financial adviser has inserted himself into the tension between the Occupy Wall Street protesters and The Goldman Sachs Group Inc. over sponsorship of a fundraising dinner next month for a New York-based credit union that mainly serves the poor.
Insurer said it will sell Federal Trust after owning it for less than two years; carrier paid $10M for bank, received $3.4B in government bail-out funds
