American Portfolios Financial Services Inc.
A member of American Portfolios Holdings Inc.
4250 Veterans Memorial Highway
Holbrook, NY 11741
Clearing firm: Charles Schwab, Pershing LLC, TD Ameritrade
No. advisers: 837
No. franchises: 365
Year founded: 2001
Year end: Dec. 31
No. of retail offices: 371
Recruitment & Staffing
|No. of reps||837||811||808|
|No. of producing reps||695||675||667|
|No. of reps producing $100K-$499K /year||322||341||333|
|Total revenues: Other||0||0||0|
|Total account assets||$24,648,634,956||$21,738,093,622||$20,445,604,605|
|Total account assets: Other||$13,494,673,735||$14,111,100,752||$14,697,364,903|
|Average assets per rep||$29,448,787||$26,804,061||$25,303,966|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||mobile application for our national conference - Connections|
June 21, 2018 - Morgan Stanley and former broker Daniel Abel, who left the firm in January, have entered into a confidential settlement agreement in which Mr. Abel agrees not to solicit former clients. Mr. Abel, who is now affiliated with American Portfolios Financial...
June 2, 2018 - Firm Total DC assets ($B) overseen by network advisers No. of DC advisers** Primary contact Business model CAPTRUST*** $221 95 Rick Shoff Managing Director, Advisor Group Raleigh, N.C. (215) 499-3361 email@example.com Acquisition. RIA: Captrust...
November 4, 2017 - How successful areâ€‹ broker-dealers in harnessing the power of big data and predictive analytics to help advisers grow their practices and retain clients? According to a panel of broker-dealer executives participating in an InvestmentNews Technology...
May 21, 2017 - Some retirement plan advisers are turning to so-called "RIA aggregators" that focus on the defined contribution market to help them build their practices, the primary allure being the scale and support afforded by a large, like-minded adviser network....
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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....
- 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.
Updated guidelines and some of the first-ever rule enforcements signal that regulators are getting serious about holding firms accountable for data breaches, according to special projects editor Liz Skinner and technology reporter Ryan Neal.
Latest news & opinion
The data appeared in three spreadsheets, linked on one of the New York-based company's web pages dedicated to its iShares exchange-traded funds
Millennials love it, advisers don't: Turns out, extreme early retirement is a suitable goal for almost nobody.
These 10 American schools have the greatest number of alumni who are billionaires.
The markets took a beating last year, but these exchange-traded funds bucked the trend
Net flows into mutual funds and ETFs were the lowest since the 2008 financial crisis, while money-market funds captured inflows.