broker-dealer


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broker-dealer

n
(Stock Exchange) another name for stockbroker
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.broker-dealer - a financial specialist who trades for his own account and so acts both as a broker and principalbroker-dealer - a financial specialist who trades for his own account and so acts both as a broker and principal
dealer, principal - the major party to a financial transaction at a stock exchange; buys and sells for his own account
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With the closure of the NEXT acquisition, Atria currently serves nearly 2,000 advisors with approximately USD 65 billion AUA across its four broker-dealer subsidiaries.
NEXT is the fourth broker-dealer acquired by Atria since 2017.
announced the expansion of its Forensic Accounting & Advisory Services practice within the firms Forensic & Litigation Consulting segment with the addition of two leading broker-dealer professionals.
The current regulatory environment leaves financial and securities market participants vulnerable to a wide range of complicated broker-dealer investigations, enforcement actions and regulatory compliance issues," said Paul Ficca, Global Leader of the Forensic & Litigation Consulting segment at FTI Consulting.
NEW YORK: IDB Bank announced the appointment of Ethan Levinson as President of IDB Capital(r), the Bank's broker-dealer subsidiary.
"In applying FASB ASC 606, a broker-dealer should evaluate all of the goods or services promised in the advisory contract, including those implied by a broker-dealer's customary business practice, to identify the separate performance obligations," the draft guidance says.
8 December 2017 - New York, US-based broker-dealer holding company Wentworth Management Services, LLC has acquired New York-based independent broker-dealer Purshe Kaplan Sterling Investments (PKS), the company said.
In its no-action letter, the SEC's Division of Investment Management provided relief for 30 months from MiFID II's implementation date under the Investment Advisers Act of 1940 to permit a broker-dealer to receive payments in hard dollars or through MiFID-governed research payment accounts from MiFID-affected clients without being considered an investment advisor.
Broker-dealers with less than $10 billion in assets under management, Cerulli reports, account for more than 80 percent of broker-dealer sales volume, but less than 10 percent of advisor-managed assets.
The process of choosing the Broker-Dealers of the Year begins in March when Investment Advisor starts compiling the Broker-Dealer Reference Guide.
in industry parlance, a "big producer," to the broker-dealer.
If the conflict of interest rule in the Department of Labor's proposed fiduciary regulations is implemented as now drafted, in-house broker-dealers of life insurers face the highest level of fiduciary risk among all advisor channels.