Independent Broker-Dealers

  1. All
  2. Articles
  3. White Papers

Watch breaking news videos and read news updates about Independent Broker-Dealers on

  1. Articles

    Model fee disclosure misses mark

    Regulators need to forget the soft stuff and tackle matters of consequence.

  2. Articles

    LPL's Casady could be on the hot seat

    Activist investor Marcato could demand more of a say in how the company is run in effort to boost its stock price.

  1. Articles

    Breaking away for the wrong reason

    Regulators are concerned that brokers are jumping into the RIA channel to take advantage of a lax regulatory climate.

  2. Articles

    Reining in expungements

    Move to restrict broker expungement should improve confidence that the arbitration system is fair to investors.

  3. Articles

    Struggling broker-dealer Fintegra files for bankruptcy

    Most Fintegra brokers move to Securities America after their former firm is ordered to pay $1.5 million arbitration award.

  4. Articles

    Activist investor takes 6% stake in LPL Financial, sending stock higher

    Marcato Capital Management says in a regulatory filing that shares of the independent broker-dealer are undervalued. The stock was up nearly 4% Tuesday amid a broad market sell-off.

  5. Articles

    How Nick Schorsch lost his mojo

    Nicholas Schorsch made hundreds of millions in real estate, but an accounting scandal devastated his business.

  6. Articles

    LPL and $775 million adviser part ways amid investigation

    The broker-dealer and its top adviser in Louisiana cut ties after the adviser received a Wells notice announcing a Finra investigation. Adviser says the separation is unrelated.

  7. Articles

    American Funds making inroads with fee-based advisers

    In its sales turnaround, third largest U.S. fund company relies on retention of existing advisers and lower-cost share classes.

  8. Articles

    How a weekend client raid blew up and a brokerage battle went public

    Arbitration case alleges that Oppenheimer & Co. stepped beyond the bounds of propriety in mounting a client raid on Peter Schiff's Euro Pacific over a three-day weekend this summer.

  9. Articles

    How independent broker-dealers are utilizing technology today

    The InvestmentNews Independent Broker-Dealer Technology Survey was conducted in August. 42 IBDs participated. Below is a snapshot of the technological spending and usage in the IBD channel. Visit for complete profiles and financials of individual firms.

  10. Articles

    Finra cracks down on 'cockroach' brokers

    Finra bars 10 at New York broker-dealer Global Arena Capital Corp. after investigating brokers who migrated from an expelled firm.

  11. Articles

    Big IBD Next Financial on the block

    Though top officials are keeping mum, industry executives say prospective buyers have been kicking the tires on this indie brokerage with 739 affiliated registered reps and advisers.

  12. Articles

    NextShares wins its first adviser platform partner with Envestnet

    Envestnet has agreed to make NextShares, a unique hybrid of mutual funds and ETFs, available to some of its 41,000 affiliated financial advisers, delivering Eaton Vance its first distribution partner for the product.

  13. Articles

    LPL hires ex-Wells Fargo CTO for newly created tech position

    Anthony Perkins will oversee the broker-dealer's automated processes and the launch of the firm's robo-advisory software platform.