Interactive Brokers

Interactive Brokers

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Business head: Andrea Nagy

No. clients: 2909

AUC: $10,800

Min. assets: None

iinteractivebrokers.com

In the News

Top clearing and custody firms for financial advisers

August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...

2016 custodians and clearing firms ranking

August 11, 2016 - Clearing Firms listed by number of broker-dealer clients Firm Website # of clients % change vs. 2015 Contact Phone Email Pershing LLC www.pershing.com/who-we-serve/broker-dealers 743 -3.80% Michael Row (800) 445-4467 pershing.com/contact/ RBC Correspondent...

Fintech M&A climbs to $4B in 2015, data analytics may drive more deals in 2016

December 9, 2015 - Financial adviser technology M&A activity totaled nearly $4 billion in 2015, led by SS&C's blockbuster acquisition of Advent and marked by smaller deals for services ranging from financial planning software to robo-advising. Next year, advisers should...

Custodians and clearing firms ranked by number of clients

August 9, 2015 - Custodians ranked by number of RIA custody clients Firm Website Head of RIA custody business 2015 # of clients % change vs. 2014 Assets under custody ($M) % change vs. 2014 Minimum assets of advisers Schwab Advisor Services http://www.advisorservices.schwab.com...

Computer glitch halts trading on the New York Stock Exchange

July 8, 2015 - Investors were forced to steer orders away from the New York Stock Exchange as the biggest U.S. share venue halted trading to fix a computer malfunction. The suspension, announced to securities firms through notices on the NYSE website around 11:32 a.m.,...

Breaking down the best robos for your practice

June 25, 2015 - There's a lot to consider when managing a financial advisory practice, but one of the more ever-present components of the business these days is whether to offer an automated online investment platform. Robo-proofing a practice is one of the more obvious...

Credit Suisse: Low U.S. stock volatility may be calm before storm

June 12, 2015 - Relative calm in U.S. stock trading is an indication that the current bull market may end with a bubble, according to Andrew Garthwaite, a global equity strategist at Credit Suisse Group AG. In a report on Thursday, Mr. Garthwaite compared the Chicago...

New alt investments online platform attacks hedge fund fees

June 1, 2015 - HedgeCoVest, an online alternative investments platform, is aiming to take advantage of the appealing aspects of hedge funds while overcoming concerns about hedge fund fees. The registered investment adviser has 45 hedge fund firms, including Fred Alger,...

Finra arbitration panel awards $500,000 to former Morgan Stanley rep

May 11, 2015 - A Finra arbitration panel last Thursday decided in favor of a former Morgan Stanley rep following a dispute between the broker and firm over an alleged breach of a promissory note. In a disagreement dating back to December 2012, Morgan Stanley asserted...

Interactive Brokers ordered to pay $1.2 million arbitration award

April 29, 2015 - Online trading firm Interactive Brokers Group was ordered by the Financial Industry Regulatory Authority Inc. to pay $1.2 million as part of an arbitration award in which one of the arbitrators dissented, claiming that his fellow panelists acted out of...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

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