Transamerica Financial Advisors, Inc.
A subsidiary of AUSA Holding Co., an Aegon company
570 Carillon Parkway
St. Petersburg, FL 33716
Clearing firm: Pershing LLC
No. advisers: 3,364
No. franchises: 372
Year founded: 1984
Year end: Dec. 31
No. of retail offices: 399
Recruitment & Staffing
|No. of reps||3,364||3,302||4,620|
|No. of producing reps||3,241||3,184||4,268|
|No. of reps producing $100K-$499K /year||0||0||0|
|Total revenues: Other||$5,116,535||$9,665,590||0|
|Total account assets||$10,033,598,581||$11,167,029,407||0|
|Total account assets: Other||$8,896,518,292||$10,109,297,692||0|
|Average assets per rep||$2,982,639||$3,381,899||0|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Communications|
August 27, 2018 - Four Transamerica Corp. related businesses were ordered to pay $97.6 million in penalties and disgorgement to retail investors on Monday by the Securities and Exchange Commission for misconduct related to faulty investment models. According to the SEC's...
May 31, 2018 - The Financial Industry Regulatory Authority Inc. has barred a brokerage assistant formerly employed by Transamerica Financial Advisors for signing a customer's name on forms and documents in connection with an account transfer. The assistant, Francis...
April 21, 2018 - Firm 2017 % revenue ($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% $1,201.40 17.50%...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($M) % change vs. 2015 2016 commission revenue ($M) % change vs. 2015 2016 fee revenue ($M) % change vs. 2015 2016 other revenue ($M) % change vs. 2015 1 LPL Financial...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
November 4, 2016 - Culminating a busy year, Signator Investors Inc., John Hancock's independent broker-dealer, said on Thursday it was appointing a new CEO to replace its longtime chief, Brian Heapps, who is retiring. Signator has tapped industry and firm veteran Christopher...
October 16, 2016 - Top-ranked firms by net change in AUM Firm Gained AUM($M) Lost AUM($M) Net change($M) Gained # of teams Lost # of teams Raymond James 9,768 300 9,468 14 1 6 Meridian 2,200 0 2,200 1 0 RBC Wealth Management 1,824 0 1,824 5 0 Stifel Nicolaus & Co. 1,445...
July 29, 2016 - A team of advisers with nearly $1 billion in client assets has left Transamerica Financial Advisors Inc. to join Kestra Financial Inc. The Wiser Financial Group, based in Kalamazoo, Mich., specializes in retirement, wealth management, risk management...
March 4, 2016 - Apple's standoff with the FBI, which is trying to force the technology giant to provide access to a locked iPhone at the heart of the mass shooting probe in California, has prompted a discussion in the financial services industry over how far regulators...
January 24, 2016 - Independent broker-dealers are facing a number of regulatory changes over the coming 12 to 24 months that could divide the industry into winners and losers â€” firms that will be able to adapt and become stronger and those that won't and might fall by...
- 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.
Senior columnist Bruce Kelly discusses with deputy editor Bob Hordt the impact of big brokerage houses pulling back on recruiting and regionals promising recruits less bureaucracy.
Latest news & opinion
Wirehouse joins handful of other firms seeking to prevent insurer from cutting off flow of adviser trails.
After a period of decline, the regional brokerage industry is scoring recruiting gains at the expense of wirehouses.
Some say the market is overreacting to bad news — but what if it's not?
Hiring is not easy and retaining good employees can be even more difficult. Here's a roadmap for bringing on new advisers and training them — and even firing them, if necessary.
The independent B-D's owner, Stone Point Capital, has tapped Goldman Sachs to lead the deal.