Kovack Securities, Inc.

Kovack Securities, Inc.

A subsidiary of Kovack Financial Companies

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6451 N. Federal Highway

Fort Lauderdale, FL 33308

(866) 564-6574

joinksi.com

Clearing firm: National Financial Services LLC, Pershing LLC

No. advisers: 405

No. franchises: 315

AUM: $8,264,950,000

Year founded: 1997

Year end: Dec. 31

No. of retail offices: 390

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEORonald J. Kovack
Top ExecutiveBrian J. Kovack, Esq.
Recruiting ContactCarlo A. Bidone
(954) 670-0616
E-mail
Compliance ContactMelinda Wolfe
(954) 782-4771
E-mail
Marketing ContactMindy Marble
(954) 782-4771
E-mail
Technology Operations ContactJames Chris Mills
(954) 782-4771
E-mail

Recruitment & Staffing

2016 2015 2014
No. of reps405415397
No. of producing reps370385325
No. of reps producing $100K-$499K /year201222215

Payout grid is available to Data Center subscribers only.

Subscribe or log in to the B-D Data Center for access to all available data.

2016 2015 2014
Total revenues$65,382,000$67,106,230$51,907,111
Commission revenues$37,223,481$43,220,230$35,177,551
Fee revenues$28,158,519$23,886,000$16,729,560
Total revenues: Other000
2016 2015 2014
Total account assets$8,264,950,000$7,619,151,200$6,021,330,777
Fee-based assets$3,128,704,000$2,382,701,200$1,236,909,181
Total account assets: Other$5,136,246,000$5,236,450,000$4,784,421,596
Average assets per rep$20,407,284$18,359,400$15,167,080
    Notes
  • 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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