Results for "broker-dealers"

Displaying 4,236 results

Sort: Date | Relevance

Author:

10 IBDs with the highest payouts

May 6, 2019

Here are the 10 independent broker-dealers that reported the highest average payouts per producing rep in 2018 from among the 25 IBDs with the most producing reps. The data were collected from firms that participated in InvestmentNews’ independent...

Small Broker-Dealers Enjoy Big Benefits as Branch Offices

May 1, 2019

Small Broker-Dealers Enjoy Big Benefits as Branch Offices Growing regulatory risks, shrinking margins and increasing litigation have the owners of many small and mid-sized broker-dealers in search of an exit plan. One increasingly popular option...

2019 top independent broker-dealers ranked by revenue

April 24, 2019

Firm 2018 revenue ($M) % change vs. 2017 2018 commission revenue ($M) % change vs. 2017 2018 fee revenue ($M) % change vs. 2017 2018 other revenue ($M) % change vs. 2017 1 LPL Financial LLC 5188.4 21.2 1919.7 14.9 1793.5 27.3 1475.2 22.8 2 Ameriprise...

Investigation into LPL broker's eBay business leads to bar

April 16, 2019

The Financial Industry Regulatory Authority Inc. has barred former LPL broker Renee Altamirano after she declined to take part in an investigation of her outside business activities. LPL terminated Ms. Altamirano in March 2018 for violating...

Lessons I've learned on how to thrive

November 17, 2018

This year's Women to Watch winners are an exceptionally talented group of industry leaders whose acumen, leadership, mentorship and service stand out within their organizations and the financial services industry. As I learned of the accomplishments...

First Republic snags another Wall Street veteran, this time from J.P. Morgan

March 13, 2019

First Republic Private Wealth Management has hired Michael S. Lee, who ran J.P. Morgan Securities' prominent Midtown Manhattan branch, to run its New York office, according to two sources with knowledge of the move. Mr. Lee was a prominent branch...

Fidelity sues former broker's RIA firm for misuse of trade secrets

May 3, 2018

Fidelity Brokerage Services has filed suit against Provident Financial Planning, a registered investment advisory firm owned by Paul Michel, a former broker in the firm's Southlake, Texas, office. Fidelity charges that Provident is using proprietary...

Not yet a broker, yet barred by Finra

March 27, 2018

The Financial Industry Regulatory Authority, Inc. has barred Holly Arbuckle, who was in the process of becoming a broker at Merrill Lynch, for not appearing at a hearing investigating the circumstances of her dismissal from the firm. On Sept....

LPL recruits $300 million Founders Federal Credit Union group from Cetera

November 28, 2018

LPL Financial has recruited a team managing $300 million from Cetera Advisor Networks, one of six independent broker-dealers under Cetera Financial Group. Founders Investment Services, an advisory unit of Founders Federal Credit Union in Lancaster,...

Olympics advice from champion advisers

February 6, 2018

As the world turns its eyes to the XXIII Winter Olympic Games, it's worth noting that the U.S. financial adviser community boasts a fair share of former Olympians. See who they are — and their advice to those vying for the gold in PyeongChang,...

Finra's stats reveal an industry in decline

October 20, 2017

Recent statistics released by the Financial Industry Regulatory Authority Inc. indicate that the brokerage industry is in decline, at least when measured by the total number of individuals and firms that the industry-funded broker-dealer regulator...

2018 and beyond: Business planning, and questioning

November 3, 2017

As an adviser, you know 2017 has been dosed with Department of Labor hoopla, while it's been simultaneously tamed by a bull market. Just imagine what next year might bring. Have you devised a plan for it yet? Advisers frequently say they need...

Cetera purges board after being bought by Genstar Capital

October 11, 2018

Cetera Financial Group said on Thursday morning that it had overhauled its board of directors, with its new board reflecting the recent sale of the large brokerage network to Genstar Capital for $1.7 billion. Gone are Bob Dineen, the former...

Schwab says slow growth of franchise channel is by design

April 6, 2017

It's been almost six years since the official launch of Charles Schwab Corp.'s franchise program, and the 34 operating offices amount to only about half the number originally projected to open over the first 18 months. From Schwab's perspective,...

Former Newport, Revere rep barred for failure to testify

August 11, 2017

Finra has barred former registered representative George Dahl for failure to provide testimony to its staff at a hearing that was looking into his conduct. In March 2016, the Financial Industry Regulatory Authority Inc. issued a letter of acceptance,...

Fastest-growing independent broker-dealers by revenue

May 2, 2017

Here are the top 10 independent broker-dealers by revenue growth from 2011 to 2016. This data was collected from firms that participated in InvestmentNews' independent broker-dealer surveys. Click through to find out which firms saw the most...

Former broker barred for bilking elderly client

February 13, 2017

The Financial Industry Regulatory Authority Inc. on Friday barred a former independent broker who allegedly generated $91,000 in commission in the retirement account of an elderly client who had a total of $308,000 in investible assets when...

Independent broker-dealer revenue on the decline

April 22, 2017

InvestmentNews' research team examined how 57 independent broker-dealers, who have participated in our in-depth survey every year since 2011, have fared through a shifting financial advisory landscape. In 2016, independent broker-dealers saw...

Rep barred for paying credit card bills with client money ​

May 23, 2017

A former Wells Fargo broker has consented to a Finra sanction banning him from the securities industry for having transferred money from client accounts to pay his credit card bills. Scott Sherwin Polish of Mentor, Ohio, agreed to a letter of...

Broker-dealers try to hold the line on advisory and wrap account fees

May 16, 2017

For over a year, CEOs of top broker-dealers have been peppered with questions by analysts who cover their companies about fees. Can firms sustain their current level of fees they charge clients in the new era of the fiduciary adviser? Will they...

Next Page »

1 | 2 | 3 | 4 | 5 ... 212

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.