Best Broker Dealer For Independent Advisors
We avoided ranking broker dealers by the number of advisors in the firm.
Best broker dealer for independent advisors. 2019 top independent broker dealers ranked by revenue firm 2018 revenue m change vs. The independent broker dealers dropping the most financial advisors from their head counts have also boosted their average payouts more than any other firms. Earlier this year lpl president and ceo dan arnold said the independent broker dealer planned to give advisors more resources for growth. Lpl financial independent advisor satisfaction score was 707.
Not provided 2017 revenue. 3 9 producing reps rank. We specialize only in the placement of financial advisors financial advisor placement. The investing news source for financial advisers.
The largest independent broker dealer in the field continues to be lpl financial which had gross revenues of over 5 6 billion in 2019. Aig financial advisors phoenix ariz. Top 20 independent broker dealers. Its gross profits were about 2 2 billion and its net.
Broker dealer change was founded to meet the unique needs of the financial advisor who is considering a move to one of the top independent broker dealers. Top independent broker dealers nationwide. The top colleges for financial planning. The boston based broker dealer was founded in 1968 and serves over 16 000 financial advisors and 700 financial institutions.
Looking ahead we have a large agenda for our service. Independent broker dealers were created to accommodate financial advisors who carry securities licenses and need back office support for services such as compliance and trade execution.