Regional Brokerages

  1. All
  2. Articles

Watch breaking news videos and read news updates about Regional Brokerages on investmentnews.com

  1. Articles

    Fidelity fined $350,000 in billing snafu

    Finra said the firm overbilled more than 20,000 fee-based accounts in its RIA unit by $2.4 million over seven years and ordered it to pay a $350,000 fine.

  2. Articles

    Merrill to pay $400,000 over telemarketing compliance shortfall

    New Hampshire Bureau of Securities Regulation says B-Ds do not “fully understand” how to comply with telemarketing rules.

  1. Articles

    2014 big for indexed annuities: Broker-dealer execs

    The year isn't over yet, but executives at broker-dealers say they've had a major rise in the indexed-annuity business — to the point that it may be cannibalizing sales of variable annuities.At Raymond James Financial Inc., the annualized run rate for variable annuities is about $1.8 billion, a

  2. Articles

    Sterne Agee sues former CEO Holbrook

    After firing James Holbrook Jr. in May, the regional brokerage alleges the former chief executive used corporate credit cards for personal expenses and company resources on sporting events.

  3. Articles

    SEC investigating top Oppenheimer executive

    Firm's head of retail, Robert Okin, resigned last week. On his BrokerCheck page, he says that he "intends to vigorously defend himself if charges are filed."

  4. Articles

    Top independent adviser manages $3.5 billion in new ranking

    More than 20,000 independent RIAs in the U.S. increased assets 82% to $2.3 trillion from 2007 to 2013 while assets at largest retail brokerages rose 8.2% to $6.2 trillion.

  5. Articles

    Regional broker-dealers need creativity to keep up in the recruiting arms race

    With deep pockets aggressively recruiting assets tied to teams, advisers need to remember why they are paid bonuses in the first place.

  6. Articles

    Ex-Raymond James adviser barred over $1 million theft

    Jo Ellen Fisher, an independent contractor with Raymond James Financial Services, allegedly stole $925,000 from a 95-year-old client to fund personal expenses, Finra says.

  7. Articles

    Schorsch adds industry veteran Dwyer to RCAP's team

    Former executive at LPL Financial will head up firm's nontraded REIT wholesaling and distribution unit.

  8. Articles

    Edward Jones sponsors college-credit course to prep students for Series 7 exam

    Course will be offered to financial and nonfinancial majors to offer them a taste of the advice profession.

  9. Articles

    Private client group gains drive Raymond James to record quarterly profit

    Raymond James Financial continued to build on momentum as pretax profit in the private client group hit a record in the firm's third fiscal quarter, jumping 39% as profit margins reached 10%. What's CEO Paul Reilly doing right?

  10. Articles

    Baird snatches Wells Fargo adviser with $350M in AUM

    Robert W. Baird & Co. Inc. has added a top broker from Wells Fargo and a new director to its Houston market.Gary Foose Jr. joins the firm as a director and financial adviser in Houston with $350 million in client assets and $1 million in annual production.“Gary's a high-integrity guy. He's been in

  11. Articles

    Ex-Sterne Agee broker faces expulsion over $6 million hedge fund

    Finra charges broker Dean Mustaphalli opened fund and received commissions without disclosing the business to his firm. Whether Sterne Agee clients were affected remains a mystery.

  12. Articles

    As economy improves, veteran advisers stay put

    Strong market performance keeps most clients and advisers in place. Check out our database to see who's moving where.

  13. Articles

    Opinions on bull market split following most recent run-up

    After the S&P 500 reaches new heights, new questions surface on whether the market is headed up or down.