Broker dealers

Mark Sam Kolta was at National Securities for nearly four years before its sale to B. Riley. While there, he managed to rack up more than two dozen customer complaints that were eventually settled for millions.

Lack of freedom and limited investment choices may be driving advisors at broker-dealers to leave their firms this year.

We named the largest firms and honored those making an impact in wealth management and technology, among other recognitions in the last year.

From trending independence to the rise in AI in wealth management, these stories and series dove deep on issues of utmost importance to financial advisors in 2024.

Brokers from 15 firms have been suspended, fined and sometimes — but rarely — fired in a sweep that stretches back to 2022.

Is your firm promoting diversified advisors? Can your clients relate to you despite cultural differences? Those questions and more were addressed by leaders of top wealth firms and regulatory agencies during FINRA's Diversity Leadership Summit this week.

Leaders at FINRA, Fidelity and ACA Foreside discussed the steps they take to safely market new investment products like ETFs and cryptocurrencies on social media and other platforms while staying in compliance with advertising regulations.

Lawyers note the kinds of grievances the firm allegedly withheld are what potential clients look at when choosing advisors.

Robinhood Markets agreed to buy the artificial intelligence research platform Pluto Capital to bring more tailored investment strategies and analysis to the retail brokerage's users.

The research-driven program recognizes brokerages with superior company practices, programs and benefits.