Royal Alliance Associates Inc.

Royal Alliance Associates Inc.

A subsidiary of Advisor Group

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10 Exchange Place, Suite 1410

Jersey City, NJ 07302

(800) 821-5100

royalalliance.com

Clearing firm: National Financial Services LLC, Pershing LLC

No. advisers: 5,799

AUM: $103,276,801,356

Year founded: 1989

Year end: Dec. 31

No. of retail offices: 1,477

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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

CEODmitry Goldin
Recruiting ContactAl Grilli
212-551-5650
E-mail
Compliance ContactMary Simonson
800-552-3319
E-mail
Marketing ContactSusan Theder
602-744-3123
E-mail
Technology Operations ContactEd Obuchowski
602-262-3304
E-mail

Recruitment & Staffing

2018 2017 2016
No. of reps5,7992,8762,782
No. of producing reps3,0861,5801,505
No. of reps producing $100K-$499K /year684635627

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.

2018 2017 2016
Total revenues$603,933,811$483,859,884$466,839,000
Commission revenues$241,995,761$196,363,033$185,766,000
Fee revenues$255,654,198$205,213,018$231,549,000
Total revenues: Other$106,283,852$82,283,833$49,524,000
2018 2017 2016
Total account assets$103,276,801,356$66,590,310,633$60,798,064,568
Fee-based assets$33,398,232,993$27,151,521,219$26,485,888,640
Total account assets: Other$69,878,568,364$39,438,789,414$34,312,175,928
Average assets per rep$17,809,416$23,153,794$21,854,085
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
LinkedIn
Twitter
Dedicated mobile application for advisers?Y
Primary purpose of mobile applicationClient and contact management. Also have mobile solution for account opening and VA straight through processing.

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Royal Alliance charged with failure to supervise variable annuity sales

January 22, 2019 - Massachusetts securities regulators have charged Royal Alliance Associates with failure to supervise a broker who recommended unsuitable investments to a couple, which ultimately cost the investors nearly $60,000. The broker, Stephen F. Davis of Barrington,...

Widow awarded $4.2 million by Finra panel for theft by ex-Royal Alliance broker

January 16, 2019 - A widow with a brain injury has been awarded $4.2 million by a Finra arbitration panel that found that a former broker for Royal Alliance Associates stole money from her. The ex-broker, Gary Basralian, 71, admitted in August as part of plea agreement...

Auditor walks away from private placement firm GPB Capital

November 14, 2018 - Investors in private placement funds of GPB Capital Holdings who have been waiting for financial statements for its two largest funds will have to keep on waiting. GPB said in August it was overhauling and restating the 2015 and 2016 financial statements...

Allianz dumps its IBD

October 11, 2018 - Another life insurance company is dumping its independent broker-dealer, with Allianz Life Insurance Co. of North America saying on Thursday it was leaving the retail broker-dealer and RIA businesses. Advisers with Allianz's Questar Capital Corp., the...

    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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