CUNA Brokerage Services Inc.
A subsidiary of CUNA Mutual Group
2000 Heritage Way
Waverly, IA 50677
Clearing firm: Pershing LLC
No. advisers: 402
Year founded: 1985
Year end: Dec. 31
No. of retail offices: 287
Recruitment & Staffing
|No. of reps||402||379||450|
|No. of producing reps||402||379||450|
|No. of reps producing $100K-$499K /year||268||244||215|
|Total revenues: Other||$4,500,000||$4,800,000||$3,500,000|
|Total account assets||$18,188,000,000||$16,191,487,984||$16,048,000,000|
|Total account assets: Other||$15,536,000,000||$13,851,392,837||$13,919,000,000|
|Average assets per rep||$45,243,781||$42,721,604||$35,662,222|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||—|
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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...
April 22, 2017 - As commission revenue continued its decline in 2016 and headwinds from regulators stiffened, the independent broker-dealer industry hit a wall, with the top 25 firms â€” those with roughly $250 million and more in total revenue â€” collectively reporting...
- 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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Latest news & opinion
Comparing a firm's pay to the competition can point out vast flaws.
Sure signs that clients may be on the way out the door.
Flows to advisory accounts, while still higher than the start of 2016, dropped off more than 20% from Q2 and were the lowest in a year.
Median compensation hovers just under $100,000 on the low end and reaches nearly $300,000 for bosses.
All 634.403 reps have been ranked based on factors such as prior regulatory disclosures, disciplinary actions and employment history.