Tag: Broker/Dealer

A bias lawsuit by black financial advisers accusing Merrill Lynch of discrimination has been thrown out.

BCG Securities, Inc., a full-service broker/dealer and advisory firm, announced Joseph Englert is its new Director of Operations. 

Eight in ten advisers at broker/dealers and insurance companies say the idea of being an independent registered investment adviser (RIA) is appealing, according to a Schwab survey. 

DWS Investments, the U.S. retail unit of Deutsche Bank’s Asset Management division, appointed Tiffani Potesta as a Director and Senior National Account Manager. 

Pershing LLC, a BNY Mellon company, says its independent study examines how a dually registered adviser can combine a fee-based and commission-based business.  

A report from Charles Schwab evaluates the pros and cons of combining a traditional brokerage business and fee-based advisory business.

David Harper and Bill Straub of Legacy Executive Benefits have become members of the Retirement Plan Advisory Group (RPAG).  

The SPARK Institute hosted a Webinar Wednesday that discussed how “harmonization” would work if broker/dealers (B/Ds) and registered investment advisers (RIAs) were to work under a uniform fiduciary...

With Washington causing quite a stir in proposing changes to the definition of fiduciary, the Virtual PLANADVISER National Conference brought together experts to discuss the realities of such...

The number of investment professionals at broker/dealers (B/Ds) has stayed at approximately 310,000 over the last few years, and they are aging with no clear source of replacements.

Jake Reardon is the new National Sales Director at BCG Securities, a full-service broker/dealer (B/D) and wealth management firm. 

Allianz Life Insurance Company of North America announced organizational changes to its broker/dealer (B/D) distribution team. 

The Merrill Lynch “Affluent Insights Quarterly” survey shows that although 66% of affluent investors know conservative investing will help them avoid losing money in turbulent times, only 25%...

Cambridge Investment Research, Inc. has announced a strategic partnership with Retirement Plan Advisory Group (RPAG).  

In response to a mandate from the Dodd-Frank Act to investigate investor access to information on broker/dealers (B/Ds) and registered investment advisers (RIAs), the Securities and Exchange Commission...

The Securities and Exchange Commission’s (SEC) anticipated report, “Study on Investment Advisers and Broker-Dealers,” came out late Friday, and by Monday morning, predictions for the future of the industry...

Personal Retirement Solutions (PRS) at Bank of America Merrill Lynch has a newly named leadership team, including a new hire.

Greg Fleming has been named president of Global Wealth Management at Morgan Stanley.

Scott Lamb will work with Loring Ward's broker/dealers and provide value-added solutions to help advisers better serve their clients. 

Pershing LLC, a BNY Mellon company, announced upgrades to its Advisor in Transition practice management program.