HD Vest Investment Services
A subsidiary of Blucora, Inc.
6333 N. State Highway 161
Irving, TX 75038
No. advisers: 4,597
Year founded: 1983
Year end: Dec. 31
No. of retail offices: 3,875
Recruitment & Staffing
|No. of reps||4,597||4,605||4,515|
|No. of producing reps||3,000||2,728||2,756|
|No. of reps producing $100K-$499K /year||582||589||576|
|Total revenues: Other||$37,025,860||$33,362,891||$32,324,949|
|Total account assets||$38,664,000,000||$36,573,766,260||$37,132,756,957|
|Total account assets: Other||$28,266,500,000||$26,881,552,730||$27,579,880,723|
|Average assets per rep||$8,410,703||$7,942,186||$8,224,309|
August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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...
March 16, 2015 - In the independent financial advice industry, as in many other sectors, the rise of new technologies often leads to fevered discussions that the â€śold modelsâ€ť of doing business are about to become obsolete. With the rapid proliferation of so-called...
June 5, 2014 - One topic that was a focal point at CONNECT14, the annual HD Vest national conference is the extent to which many clients, both affluent and mass affluent, were caught off guard by the checks they had to write to the Internal Revenue Service this year,...
January 17, 2014 - Holding company IBD subsidiary 2013 2012 % change LPL Financial Holdings Inc. LPL Financial LLC 13,553 13,155 3.0% Ameriprise Financial Ameriprise Financial Services Inc. 7,526 7,449 1.0% Cetera Financial Group Cetera Advisor Networks, Cetera 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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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.