SagePoint Financial Inc.
A subsidiary of Advisor Group
20 E THOMAS RD Suite 2000
Phoenix, AZ 85012
Clearing firm: National Financial Services LLC, Pershing LLC
No. advisers: 2,344
Year founded: 1970
Year end: Dec. 31
No. of retail offices: 880
Recruitment & Staffing
|No. of reps||2,344||2,323||1,687|
|No. of producing reps||1,397||1,382||1,276|
|No. of reps producing $100K-$499K /year||578||580||599|
|Total revenues: Other||$62,282,706||$34,816,000||$31,464,000|
|Total account assets||$45,705,419,397||$39,072,712,432||$36,165,300,000|
|Total account assets: Other||$32,174,995,273||$28,279,037,094||$26,571,884,778|
|Average assets per rep||$19,498,899||$16,819,936||$21,437,641|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Client and contact management. Also have mobile solution for account opening and VA straight through processing.|
July 11, 2018 - One of the current leading sellers of illiquid, high-commission alternative investments through independent broker-dealers, GPB Capital Holdings, has yet to file financial statements with the Securities and Exchange Commission for two of its largest funds,...
April 21, 2018 - Firm 2017 % revenue ($M) % change vs. 2016 2017 commission revenue ($M) % change vs. 2016 2017 fee revenue ($M) % change vs. 2016 2017 other revenue ($M) % change vs. 2016 1 LPL Financial $4,281.50 5.70% $1,670.80 -3.80% $1,409.20 9.30% $1,201.40 17.50%...
January 23, 2018 - The Advisor Group, the Phoenix, Ariz.-based parent of four independent broker-dealers, said that recruited a record 614 advisers last year. The firm, which consists of FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial and Woodbury...
October 17, 2017 - Brokers and securities compliance experts support Finra's effort to rank registered representatives and target those it believes pose the biggest threat to investors — as long as the broker-dealer regulator keeps the list to itself. Susan Axelrod, Finra...
August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...
May 9, 2017 - Nine financial firms agreed Tuesday to adopt a fee disclosure template developed by state regulators and other groups that is designed to help clients understand and compare service and maintenance costs. The North American Securities Administrators Association,...
May 4, 2017 - Four units of the Advisor Group have been censured and fined by Finra for miscalculating their advisory fee income, resulting in net capital deficiencies and financial reporting inaccuracies. According to a letter of acceptance, waiver and consent, the...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($M) % change vs. 2015 2016 commission revenue ($M) % change vs. 2015 2016 fee revenue ($M) % change vs. 2015 2016 other revenue ($M) % change vs. 2015 1 LPL Financial...
- 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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