Parkland Securities, LLC
300 Parkland Plaza
Ann Arbor, MI 48103
Clearing firm: Fidelity Clearing and Custody Solutions, National Financial Services LLC
No. advisers: 411
Year founded: 2002
Year end: Dec. 31
No. of retail offices: 280
Parkland Securities, LLC provides representatives with the products, services, and support they need to develop their practices and deliver a complete range of financial planning and brokerage services to their clients. As we continue to strengthen this platform, we keep customer service our top priority. Our executive team averages 18 years of experience running the back office. We focus as a firm on increasing the support of our advisors, and continually seek ways to improve our service. We are known for excellence in serving representatives meeting the investment and planning needs of their clients. We look to the future with excitement as we embrace new growth opportunities. Our employees and representatives are considered family, and our staff and advisors seek out Parkland Securities, LLC to join a friendly, professional firm with which to grow both personally and professionally.
|No. of reps||411||471||453|
|No. of producing reps||356||373||367|
|No. of reps producing $100K-$499K /year||126||108||115|
|Total revenues: Other||$2,601,630||$2,886,091||$3,793,506|
|Total account assets||$7,483,192,000||$6,411,117,590||$5,700,000,000|
|Total account assets: Other||$6,163,192,990||$5,441,117,590||$4,750,000,000|
|Average assets per rep||$18,207,280||$13,611,715||$12,582,781|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||LinkedIn|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||—|
April 21, 2018 - Firm 2017 % revenue ($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%...
April 24, 2017 - Brokerage firms are evaluating how they and their advisers get paid for indexed annuity sales to clients, as the start date of a new Labor Department rule governing investment advice in retirement accounts inches closer. At present, many broker-dealers...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
August 24, 2015 - Intergenerational wealth transfer, succession planning and social media are issues vexing almost all independent advisers. But one innovative broker-dealer has a unique solution for all three. There probably never has been a better time for a registered...
- 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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