Top independent broker-dealers 2021


 Firm2020 revenue% change vs. 20192020 commission revenue% change vs. 20192020 fee revenue% change vs. 20192020 other revenue% change vs. 2019 
1LPL Financial LLC$5,871.64.4%$1,906.60.7%$2,327.517.4%$1,637.6-6.4%
2Ameriprise Financial Services, LLC$5,037.6-0.6%$1,206.80.9%$3,122.210.0%$708.6-31.5%
3Raymond James Financial Services Inc.$2,657.94.1%N/DN/DN/D
4Commonwealth Equity Services, LLC dba-Commonwealth Financial Network$1,635.05.3%$247.1-2.0%$1,187.612.8%$200.3-19.2%
5Northwestern Mutual Investment Services$1,517.412.3%$372.69.2%$1,022.114.5%$122.64.1%
6MML Investors Services, LLC$1,239.34.6%$692.50.5%$539.411.4%$7.4-35.0%
7Cambridge Investment Research Inc.$1,084.98.4%$311.02.1%$621.114.8%$152.7-1.4%
8Securities America Inc.$1,048.943.8%$413.232.6%$518.062.2%$117.819.4%
9Equitable Advisors, LLC$983.54.0%$637.60.4%$296.614.0%$49.3-1.5%
10Royal Alliance Associates Inc.$936.4-2.6%$410.1-6.6%$378.98.2%$147.4-14.2%
11Kestra Financial, Inc$607.96.5%$197.4-0.4%$364.314.1%$46.1-13.3%
12Waddell & Reed Financial Advisors$537.14.5%$129.0-9.1%$296.310.0%$111.89.0%
13Woodbury Financial Services$509.72.3%$272.9-0.9%$159.819.4%$77.0-13.4%
14SagePoint Financial Inc.$387.4-6.8%$165.9-10.6%$153.65.3%$67.8-19.3%
15Securian Financial Services Inc.$374.81.3%$176.5-5.3%$154.78.7%$43.65.3%
16Lincoln Investment Planning, LLC$353.73.0%$128.4-0.2%$214.25.6%$11.1-5.5%
17Principal Securities, Inc.$316.7-1.2%$219.6-5.4%$96.110.0%$1.0-16.3%
18Park Avenue Securities LLC$249.69.9%$144.310.2%$101.79.6%$3.710.4%
19FSC Securities Corp.$237.1-18.0%$89.2-23.6%$104.9-4.4%$43.0-31.2%
20American Portfolios Financial Services Inc.$233.12.4%$114.1-1.4%$119.06.5%N/A
21Independent Financial Group, LLC$197.11.9%$94.3-4.9%$91.613.2%$11.3-16.4%
22M Holdings Securities Inc. (M Securities)$166.7-2.3%$135.2-18.4%$26.7-3.7%$4.7-5.2%
23Centaurus Financial, Inc.$158.7-2.9%$111.9-6.8%$46.87.8%N/A
24J.W. Cole Financial Inc.$155.718.3%$84.63.8%$71.142.0%N/A
25Ameritas Investment Company, LLC$150.20.0%$68.3-11.3%$63.111.7%$18.812.6%
26Triad Advisors, LLC$141.4-0.1%$58.6-21.3%$68.454.5%$14.4-36.7%
27United Planners Financial Services$138.26.9%$45.1-3.3%$88.312.9%$4.77.7%
28Sigma Financial Corp.$130.85.2%$68.41.3%$56.311.3%$6.1-1.5%
29Geneos Wealth Management Inc.$124.0-3.7%$38.434.8%$80.3-16.5%$5.328.0%
30Hornor, Townsend & Kent, LLC$119.9-2.3%$74.0-7.9%$43.411.2%$3.1-42.6%
31ProEquities Inc.$116.2-5.7%$69.5-8.6%$40.60.2%$6.1-8.9%
32PlanMember Securities Corp.$111.24.9%$19.6-22.8%$91.213.2%N/A
33Grove Point Financial, LLC$109.1-2.7%$65.3-4.7%$39.27.2%$4.6-35.0%
34The Leaders Group$89.116.5%$84.015.4%N/DN/D
35Kovack Securities, Inc.$82.45.0%$40.55.0%$40.15.0%$1.86.5%
36The O.N. Equity Sales Co.$70.93.7%$54.21.1%$16.612.9%$0.210.3%
37Prospera Financial Services Inc.$70.422.3%$25.211.3%$36.619.3%$8.6103.2%
38Harbour Investments Inc.$64.19.1%$31.61.1%$32.518.1%N/A
39The Investment Center Inc.$64.07.4%$32.03.3%$28.110.6%$4.436.4%
40Parkland Securities, LLC$63.0-7.2%$39.3-15.1%$20.611.5%$3.110.2%
41Equity Services Inc.$56.0-2.8%$23.7-6.0%$18.84.4%N/D
42The Strategic Financial Alliance Inc.$45.37.4%$18.1N/D$22.7N/D$4.5N/D
43Arete Wealth$45.223.9%$14.52.7%$11.51.8%$19.372.8%
44LaSalle St. Securities LLC$44.02.3%$30.0-4.0%$12.020.0%$1.00.0%
45Arkadios Capital$39.460.1%$19.051.5%$19.290.5%$1.2-39.5%
46CFD Investments Inc.$32.1-0.7%$14.8-9.9%$14.55.8%$2.828.4%
47Founders Financial$31.05.2%$4.9-34.0%$24.717.9%$1.523.6%
48Packerland Brokerage Services Inc.$27.73.1%$20.2-2.2%$6.724.2%$0.7-4.0%
49Nationwide Planning Associates, Inc.$22.74.5%$14.1-2.7%$5.512.1%$3.033.4%
50Fortune Financial Services, Inc.$21.22.9%$21.22.9%N/AN/A

The post Top independent broker-dealers 2021 appeared first on InvestmentNews.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *