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: 2,876

AUM: $66,590,310,633

Year founded: 1989

Year end: Dec. 31

No. of retail offices: 817

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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
E-mail
Technology Operations ContactEd Obuchowski
602-262-3304
E-mail

Recruitment & Staffing

2017 2016 2015
No. of reps2,8762,7821,850
No. of producing reps1,5801,5051,620
No. of reps producing $100K-$499K /year635627657

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.

2017 2016 2015
Total revenues$483,859,884$466,839,000$461,218,000
Commission revenues$196,363,033$185,766,000$212,609,000
Fee revenues$205,213,018$231,549,000$210,975,000
Total revenues: Other$82,283,833$49,524,000$37,634,000
2017 2016 2015
Total account assets$66,590,310,633$60,798,064,568$57,020,800,000
Fee-based assets$27,151,521,219$26,485,888,640$21,881,231,368
Total account assets: Other$39,438,789,414$34,312,175,928$35,139,568,632
Average assets per rep$23,153,794$21,854,085$30,822,054
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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Former Royal Alliance broker arrested, charged with fraud

May 24, 2018 - A former Royal Alliance broker could face up to 20 years in prison for allegedly stealing more than $4 million over several years from four elderly clients. Gary Basralian, a Springfield, N.J.-based broker who resigned from Royal Alliance in December,...

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Woodbury latest firm to expand by adding bank brokers

April 10, 2018 - Yet another broker-dealer is taking a stab at working with bank brokers, as Woodbury Financial Services on Tuesday said it had acquired $10 billion in brokerage and advisory assets from Capital One Financial Corp. The deal, terms of which were not disclosed,...

Finra bars former Royal Alliance rep who skipped hearing

March 21, 2018 - The Financial Industry Regulatory Authority has barred Gary J. Basralian after the former Royal Alliance broker declined to take part in a hearing investigating alleged fraud. In a letter of acceptance, waiver and consent, Finra said that Mr. Basralian,...

    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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