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Recruitment & StaffingFinancialsAssets BreakdownCustom Ranking
Year
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Revenue
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All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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Firm Total revenueFee revenueExcess net capital ▼Operating expenses
1LPL Financial LLC$5,871,640,101$2,327,518,915$107,900,000$5,139,801,831
2Advisor Group$3,260,912,873$1,383,569,043$86,214,531$442,100,000
3Commonwealth Equity Services, LLC dba-Commonwealth Financial Network$1,635,006,455$1,187,606,820$60,479,1650
4Waddell & Reed Financial Advisors$537,131,200$296,338,811$60,137,0000
5Raymond James Financial Services Inc.$2,657,878,6140$44,200,0000
6Equitable Advisors, LLC$983,529,192$296,596,113$28,413,961$880,806,333
7Securities America Inc.$1,048,900,000$517,980,000$27,500,0000
8Lincoln Investment Planning, LLC$353,680,000$214,155,000$23,060,000$80,833,430
9Cambridge Investment Research, Inc.$1,084,867,961$621,098,888$19,084,920$1,040,501,593
10Atria Wealth Solutions$523,913,907$167,966,126$18,836,128$24,694,941
11Triad Advisors, LLC$141,425,324$68,392,943$13,400,842$27,493,066
12Centaurus Financial, Inc.$158,683,040$46,829,779$10,543,1010
13Principal Securities, Inc. $316,711,169$96,067,770$9,863,6240
14PlanMember Securities Corp.$111,200,000$91,184,000$8,407,0000
15J.W. Cole Financial Inc.$155,650,600$71,082,800$8,250,789$13,680,500
16Prospera Financial Services Inc.$70,414,959$36,643,467$7,157,587$22,845,375
17Concourse Financial Group Securities, Inc.$116,189,724$40,623,500$6,310,1560
18United Planners Financial Services$138,152,964$88,343,956$5,228,560$95,582,503
19American Portfolios Financial Services Inc.$233,071,434$118,979,739$5,190,594$28,149,102
20The Investment Center Inc.$64,032,485$28,135,018$3,390,395$61,516,918
21Kovack Securities, Inc.$82,368,000$40,140,800$3,100,500$77,482,450
22The Leaders Group$89,104,7480$2,186,689$87,836,144
23The O.N. Equity Sales Co.$70,923,126$16,614,193$2,172,986$70,627,727
24LaSalle St. Securities LLC$44,000,000$12,000,000$2,000,000$4,500,000
25Arkadios Capital$39,400,936$19,240,390$1,500,000$16,600,000
26Nationwide Planning Associates, Inc.$22,711,603$5,545,064$1,466,283$16,231,542
27Founders Financial$31,014,613$24,682,467$1,149,135$6,473,437
28Geneos Wealth Management Inc.$123,971,985$80,257,258$1,000,000$15,368,884
29M Holdings Securities Inc. (M Securities)$166,696,598$26,740,248$992,008$16,178,629
30CFD Investments Inc.$32,081,905$14,462,864$930,448$6,079,077
31Packerland Brokerage Services Inc.$27,668,992$6,704,857$922,442$3,078,354
32Cutter & Company, Inc.$13,800,000$7,599,000$856,0000
33Harbour Investments Inc.$64,095,000$32,515,000$532,000$63,095,000
34Arete Wealth$45,219,714$11,478,278$234,585$40,861,146
35Trutoro$1,460,102$909,099$36,610$1,507,807
36Alden Investment Group$5,348,524$691$1$1
37Woodbury Financial Services$509,720,933$159,813,0030$80,176,654
38The Strategic Financial Alliance Inc.$45,306,465$22,701,21700
39Independent Financial Group, LLC$197,100,000$91,551,50000
40Kestra Financial, Inc$607,872,562$364,302,18600
41FSC Securities Corp.$237,146,541$104,875,6830$37,278,927
42SagePoint Financial Inc.$387,366,961$153,625,9750$62,333,591
43Grove Point Financial, LLC$109,100,000$39,200,00000
44Transamerica Financial Advisors, Inc.0000
45Equity Services Inc. $56,000,000$18,800,00000
46Sigma Financial Corp.$130,820,243$56,300,92100
47Thurston Springer Miller Herd & Titak0000
48Vanderbilt Financial Group0000
49Parkland Securities, LLC$62,993,829$20,596,16500
50Ameritas Investment Company/Ameritas Advisory Services$150,200,000$63,100,00000
51Hornor, Townsend & Kent, LLC$119,874,666$43,356,00000
52Securian Financial Services Inc.$374,830,000$154,729,90800
53Royal Alliance Associates Inc.$936,353,114$378,881,4390$132,298,637
54Park Avenue Securities LLC$249,647,000$101,680,00000
55Ameriprise Financial Services, LLC$5,037,581,832$3,122,182,86800
56MML Investors Services, LLC$1,239,300,000$539,400,00000
57Trustmont Financial Group Inc.0000
58Fortune Financial Services, Inc.$21,188,836000
59Northwestern Mutual $1,517,364,000$1,022,145,00000
60St. Bernard Financial Services Inc.0000
61Finance 500 Inc.
62Foresters Equity Services Inc.
63CUNA Brokerage Services Inc.
64Ausdal Financial Partners
65SCF Securities Inc.
66Harbor Financial Services LLC
67TriCor Financial LLC
68Kalos Capital Inc.
69Calton & Associates Inc.
70Bernardi Securities Inc.
71Allstate Financial Services LLC
72Securities Management and Research
73World Capital Brokerage, Inc.
74Infinity Financial Services
75Schwab Independent Branch Services (Franchise)
76Edward Jones
77David A. Noyes & Company
78CoastalOne
79Nations Financial Group
80BCG Securities, Inc.
81Berthel Fisher & Co. Financial Services Inc.
82Broker Dealer Financial Services Corp.
83Cadaret, Grant & Co. Inc.
84Capital Analysts Inc.
85Century Securities Associates Inc.
86Coordinated Capital Securities Inc.
87Correll Co. Investment Services Corp.
88Crown Capital Securities L.P.
89First Allied Securities, Inc.
90GBS Financial Corp.
91Avantax Investment Services, Inc.
92ING Advisor Network Inc.
93Cetera Advisor Networks
94Voya Financial Advisors Inc.
95Cetera Advisors
96Investacorp Inc.
97INVEST Financial Corp.
98Investment Centers of America Inc.
99National Planning Corporation (NPC)
100SII Investments Inc.
101NEXT Financial Group, Inc.
102Protected Investors of America Inc.
103Securities Service Network LLC
104Signator Investors Inc.
105Cetera Financial Specialists
106Questar Capital Corp.
107Wells Fargo Advisors Financial Network
108WRP Investments Inc.
109Wunderlich Securities Inc.
110Lincoln Financial Network
111LifeMark Securities Corp.
112Bolton Global Capital
113Hilltop Securities Independent Network Inc.
114Summit Brokerage Services, Inc.
115Synergy Investment Group
116Leonard & Co.
117MetLife Inc.
118New England Securities Inc.
119Tower Square Securities Inc.
120Walnut Street Securities Inc.
121Foothill Securities Inc.
122Quest Capital Strategies Inc.
123Spire Investment Partners LLC
124Capital Investment Co.
125National Securities Corp.
126vFinance Investments Inc.
127Wall Street Access
128Cantella & Co. Inc.
129TFS Securities Inc.
130KMS Financial Services, Inc.
131Cetera Financial Institutions
132SA Stone
133Financial Telesis Inc.
134First Republic Securities Co.
135Financial Services International Corp.
136Quincy Cass Associates Inc.
137D.A. Davidson & Co.
138Williams Financial Group

138 results found

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    Notes
  • Rankings only include firms that participated in the InvestmentNews Independent Broker-dealer Survey on Financials
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

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