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||$26,804,061|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||mobile application for our national conference - Connections|
September 5, 2019 - Time is running out to get the biggest tax break from opportunity zones, but there's one snag for financial advisers: They don't see a lot of compelling investment options for clients. "The deals haven't worked out to be that great," said Leon LaBrecque,...
April 24, 2019 - Firm 2018 revenue ($M) % change vs. 2017 2018 commission revenue ($M) % change vs. 2017 2018 fee revenue ($M) % change vs. 2017 2018 other revenue ($M) % change vs. 2017 1 LPL Financial LLC 5188.4 21.2 1919.7 14.9 1793.5 27.3 1475.2 22.8 2 Ameriprise...
June 21, 2018 - Morgan Stanley and former broker Daniel Abel, who left the firm in January, have entered into a confidential settlement agreement in which Mr. Abel agrees not to solicit former clients. Mr. Abel, who is now affiliated with American Portfolios Financial...
June 2, 2018 - Firm Total DC assets ($B) overseen by network advisers No. of DC advisers** Primary contact Business model CAPTRUST*** $221 95 Rick Shoff Managing Director, Advisor Group Raleigh, N.C. (215) 499-3361 email@example.com Acquisition. RIA: Captrust...
April 21, 2018 - Firm 2017 % revenue ($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% $1,201.40 17.50%...
November 4, 2017 - How successful areâ€‹ broker-dealers in harnessing the power of big data and predictive analytics to help advisers grow their practices and retain clients? According to a panel of broker-dealer executives participating in an InvestmentNews Technology...
May 21, 2017 - Some retirement plan advisers are turning to so-called "RIA aggregators" that focus on the defined contribution market to help them build their practices, the primary allure being the scale and support afforded by a large, like-minded adviser network....
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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.
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