broker-dealer


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Related to broker-dealer: brokerage, Series 7
  • noun

Words related to broker-dealer

a financial specialist who trades for his own account and so acts both as a broker and principal

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References in periodicals archive ?
This win certainly feels good and reinforces that we are on the right track as we continually raise our industry-leading standards for service at an independent broker-dealer.
has improved its specialized errors and omissions program for broker-dealers with 75 or fewer representatives.
Regardless of your decision, high-quality broker-dealer partnerships are important, and here's why: A firm must create enough purchasing power to buy and sell bonds with minimal markups and markdowns.
LOS ANGELES -- Cetera Financial Group, one of the nation's largest broker-dealer and registered investment advisor networks, today announced a significant move in its growth strategy with plans to implement a new, unifying brand structure.
According to the report, the top client of today's successful broker-dealer is not a "rep" or even an "advisor" but an ensemble, which is a firm or a team of multiple professionals that service and manage client relationships.
The American Council of Life Insurers, whose member insurers hold the annuities that the broker-dealers sell, welcomed the report for pointing out the strengths of annuity products, but would have liked to have seen more thorough information about the complaints cited.
If an adviser wants to sell products for a commission or a wrap fee, he or she must affiliate with a broker-dealer and obtain the appropriate securities licenses.
Only a relative handful of banks currently provide brokerage services without the participation of a broker-dealer that is subject to regulation under the securities laws.
Eric's dedicated leadership role at FSI can be traced back to his participation as a member of FSI's founding board in 2004, which established FSI to be a strong and effective voice for independent broker-dealers and independent financial advisors," said Dale Brown, FSI President and CEO.
By transforming their business models, many broker-dealer firms may also increase their profits.
The Federal Reserve is also augmenting its current examination procedures regarding sales of mutual funds by state member banks or affiliated broker-dealers to ensure that the guidance contained in the recent interagency statement is being heeded.
OES), through its wholly owned technology and broker-dealer subsidiaries, provides seamless electronic market connectivity, liquidity access and rapid executions by linking broker-dealers, trading systems, exchanges and market centers.
The study assesses the outlook for the broker-dealer industry and identifies key opportunities and challenges that are propelling change in the marketplace.
R]) (NPH([R])) network, the nation's seventh-largest independent broker-dealer network1.
Acquisition Positions Leading Independent Broker-Dealer for Continued Growth and Provides Increased Support for Independent Financial Representatives