Broker dealers

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.

More than a third of financial advisors will retire in the next decade in a profession in which nearly 3 out of 4 rookies fail to make the grade, creating a headcount problem for the industry.

The regulator's Consolidated Audit Trail database, intended to collect trading data, is in legal crosshairs again over privacy issues.

Financial Planning announces its 2024 class of the top 40 most productive employee wealth management brokers under age 40.

Financial Planning announces its 2024 class of the top 40 most productive employee brokers under age 40 at regional firms.

From top brokers and broker pay to succession planning, advising for Medicare, ChatGPT and our coverage of the independent space, these are the biggest stories FP published in the last year.

Peruse the lists that put wealth management in perspective, from our top 40 young brokers to the largest IBDs and RIAs in the country.

The new rules may slow the deletion of valuable public records, but FINRA should take the issue out of arbitration altogether.

The firm told the SEC years ago about employees' ability to improperly access certain information, though it had no evidence anyone had done so.

A small tweak to business practices could earn many firms in the industry much more in income, and it's hiding in plain sight.

SEC Chair Gary Gensler is worried about conflicts of interest in investment advice.

There are ways to keep cash balances fully insured and fully liquid — and brokered deposit programs may not be one of them.

The sale of $15 billion Grove Point Financial comes as smaller broker-dealers confront market headwinds.

The giant financial institution's performance during the first three months of 2023 is being closely watched by the wealth management industry.

A behind-the-scenes business, cash management services for advisory firms and affluent clients are in the spotlight following the Silicon Valley Bank and Signature Bank implosions.