AXA Advisors LLC
A subsidiary of AXA Financial Inc.
1290 Sixth Ave.
New York, NY 10104
Clearing firm: LPL Financial
No. advisers: 4,712
No. franchises: 40
Year founded: 1999
Year end: Dec. 31
No. of retail offices: 40
Recruitment & Staffing
|No. of reps||4,712||4,765||4,743|
|No. of producing reps||4,326||4,375||4,376|
|No. of reps producing $100K-$499K /year||1,492||1,474||1,485|
|Total revenues: Other||$35,112,648||$31,834,793||$29,800,000|
|Total account assets||$136,600,420,000||$119,818,000,000||$110,671,000,000|
|Total account assets: Other||$112,851,800,000||$101,241,000,000||$94,076,000,000|
|Average assets per rep||$28,989,902||$25,145,435||$23,333,544|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||Awareness and marketing|
April 21, 2018 - Firm 2017 % revenue ($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 26, 2018 - The No. 2 executive at AXA Advisors, vice chairwoman Christine Nigro, will leave the firm in the middle of the year to pursue other opportunities, according to a memo issued this month by the firm's chairman, David Karr. A 2017 InvestmentNews Women to...
August 24, 2017 - John P. Correnti, a former registered representative at AXA Advisors, has been barred by Finra for failing to provide testimony and documents connected with an investigation into possible rule violations. According to the Financial Industry Regulatory...
August 9, 2017 - The Financial Industry Regulatory Authority has banned Bryan C. Lightsey, a former broker at AXA Advisors, for failure to appear at a hearing looking into his conduct. Mr. Lightsey, of Boca Raton, Fla., was terminated by AXA Advisors in 2016 after seven...
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...
August 4, 2017 - Technology affects the way we communicate and build relations with our clients. Interacting with clients regularly and gaining their trust and loyalty are important. I have a degree in computer engineering, but pursued a career in wealth management. I...
- 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.
Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet.
For comments or suggestions about the Adviser Center, please contact us.
Disclaimer: All data and information is the property of InvestmentNews and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews. The data may only be used for internal business use such as to develop a mailing list but the data may not be resold, republished, redistributed, sublicensed or publicly displayed on a web site without the permission of InvestmentNews. All information contained within was obtained through InvestmentNews' annual independent B-D surveys.
Latest news & opinion
These independent broker-dealers saw the biggest percentage gains in their revenue in 2017.
Athletes and entertainers are just like everyone else — aside from complex tax issues, a lack of financial savvy and a need for prenups
These independent broker dealers generated the most revenues in 2017.
Listening to podcasts for the fun of it.
The wirehouse reduced recruitment loans 20% and increased bonus loans 68% in the first quarter.