In recent public appearances, Christos Cotsakos, founder and head of E*TRADE, has predicted that "Traditional brokerages will die a slow, painful death." And "All those branch offices the industry has are going to become fast food outlets, so you...
When John Hantz led a mass defection out of American Express Financial Advisors' Detroit office lastOctober, he made both waves and headlines--and discovered the ways in which a former employer can use the temporary restraining order (TRO) process...
In a wide-ranging early morning address last February to investors at a conference sponsored by the Los Angeles Times, SEC Chairman Arthur Levitt encouraged the crowd to ask their brokers how the rep was paid, and if they'd be better off in a fee...