American Portfolios Financial Services Inc.
A member of American Portfolios Holdings Inc.
4250 Veterans Memorial Highway, Ste. 420E
Holbrook, NY 11741
Clearing firm: Charles Schwab, Pershing LLC, TD Ameritrade
No. advisers: 840
No. franchises: 382
Year founded: 2001
Year end: Dec. 31
No. of retail offices: 375
Recruitment & Staffing
|No. of reps||840||837||811|
|No. of producing reps||689||695||675|
|No. of reps producing $100K-$499K /year||413||322||341|
|Total revenues: Other||0||0||0|
|Total account assets||$24,571,391,984||$24,648,634,956||$21,738,093,622|
|Total account assets: Other||$15,237,585,371||$13,494,673,735||$14,111,100,752|
|Average assets per rep||$29,251,657||$29,448,787||$26,804,061|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||mobile application for our national conference - Connections|
April 24, 2019 - Firm 2018 revenue ($M) % change vs. 2017 2018 commission revenue ($M) % change vs. 2017 2018 fee revenue ($M) % change vs. 2017 2018 other revenue ($M) % change vs. 2017 1 LPL Financial LLC 5188.4 21.2 1919.7 14.9 1793.5 27.3 1475.2 22.8 2 Ameriprise...
June 21, 2018 - Morgan Stanley and former broker Daniel Abel, who left the firm in January, have entered into a confidential settlement agreement in which Mr. Abel agrees not to solicit former clients. Mr. Abel, who is now affiliated with American Portfolios Financial...
November 4, 2017 - How successful are broker-dealers in harnessing the power of big data and predictive analytics to help advisers grow their practices and retain clients? According to a panel of broker-dealer executives participating in an InvestmentNews Technology...
- 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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