Berthel Fisher & Co. Financial Services Inc.
A subsidiary of Berthel Fisher & Co.
4201 42nd Street NE Suite 100, PO Box 11340
Cedar Rapids, IA 52402
Clearing firm: National Financial Services LLC
No. advisers: 307
Year founded: 1982
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||307||324||323|
|No. of producing reps||—||—||323|
|No. of reps producing $100K-$499K /year||—||—||138|
|Total revenues: Other||—||—||$3,048,072|
|Total account assets||—||—||$8,419,000,000|
|Total account assets: Other||—||—||$6,911,000,000|
|Average assets per rep||0||—||$26,065,015|
April 20, 2017 - Three years ago, the Financial Industry Regulatory Authority Inc. fined a mid-sized independent broker-dealer, Berthel Fisher & Co. Financial Services Inc. and an affiliate firm, a whopping $775,000 for a variety of failures to supervise sales of nontraded...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
February 24, 2016 - Independent broker-dealers that sold the distressed series of UDF real estate investment trusts could soon be facing arbitration claims from angry investors, according to Alan Rosca, a plaintiff's attorney. The firms that have been most prominent in Mr....
November 26, 2014 - Despite RCS Capital Corp.'s statement Nov.24 that broker-dealers had reinstated 51 selling agreements for products, some major independent broker-dealers and large broker-dealer networks still have suspensions in place for new sales of nontraded real...
May 29, 2014 - â€śAnd â€¦ trade,â€ť says a bespectacled, khaki-wearing man, pressing a button on his smartphone. â€śYou, sir, are the sultan of swagger,â€ť a deep, disembodied voice intones. â€śThis is the Fellowship of the Bold, and you are the Grand Poobah, because...
April 4, 2014 - Since the credit crisis, the financial advice industry has been littered with the dead shells of independent broker-dealers that sold fraudulent private placements before the crash. DeWaay Financial Network Inc., GunnAllen Financial Inc., QA3 Financial...
February 24, 2014 - Finra on Monday fined broker-dealer Berthel Fisher & Co. Financial Services Inc. and an affiliate $775,000 in connection with compliance failures, including inappropriate sales of alternative investments and nontraditional exchange-traded funds. Berthel...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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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