Broker-Dealers
Ameriprise Moves To Console Shareholders...But The Stock Has Weathered The Securities America Situation Quite Well
Strange detail in the unfolding Securities America saga: parent Ameriprise moved relatively decisively to comfort shareholders while advisors are (at least publicly) in limbo.
Securities America Advisors Keep An Eye On The Exits, But Ameriprise Will Probably Step Up
As it looks more and more likely that the courts will try to make an example of Securities America, many of the firm's 1,800 advisors remain confident that their corporate parent will come in with a save.
Virginia Broker-Dealer Taps $125 Million War Chest For Aggressive Expansion
There seems to be liquidity out there for at least some brokerage firms to grow their business models extremely quickly, so we might see the new breed of national RIA networks take a similar aggressive approach.
Local Media Now Speculating That Securities America Is Fighting For Its Life
In the wake of Securities America's failed attempt to settle roughly $400 million in client claims over a now-defunct private debt placement, newspapers in its native Nebraska have turned to fretting over the big broker-dealer's demise.
Schwab's $1 Billion OptionsXpress Merger Shows The Industry How It's Done
Charles Schwab made headlines for paying a big premium for upstart options-oriented discount broker optionsXpress, but it's likely that this deal is at least partially aimed at wooing the advisory community.
