Girard Securities Inc.
9560 Waples St.
San Diego, CA 92121
Year founded: 1986
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||—||287||345|
|No. of producing reps||—||200||213|
|No. of reps producing $100K-$499K /year||—||0||0|
|Total revenues: Other||—||$5,134,947||$4,603,682|
|Total account assets||—||$8,032,000,000||$7,778,000,000|
|Total account assets: Other||—||$6,315,000,000||$6,153,000,000|
|Average assets per rep||—||$27,986,063||$22,544,928|
November 11, 2017 - Cetera Financial Group's Halloween office party this year, CEO Robert Moore dressed up as the Cowardly Lion from the "Wizard of Oz." A more appropriate costume might have been Hercules, who famously completed 12 labors as a penance, since many observers...
August 22, 2017 - Five Cetera Financial Group broker-dealers reached settlements with Finra totaling $3.3 million for failing to supervise the application of mutual fund sales charge waivers to eligible clients in retirement plans and at charitable organizations. As part...
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....
June 11, 2015 - How can you compete with robo-advisers? Automate, automate, automate! Every hour an adviser spends manually filling out new account forms, tracking down approvals or collecting client signatures is time he can't spend building his book. Girard Securities,...
May 7, 2015 - On the back of a sharp slump in sales of nontraded real estate investment trusts, RCS Capital Corp. reported a pro forma net loss of $13.5 million for the first quarter of 2015, nearly doubling the loss of $7.4 million in the first quarter of 2014. Driving...
March 19, 2015 - RCS Capital Corp. completed the purchase of Girard Securities Thursday, the second independent broker-dealer acquisition in as many weeks. Girard, a mid-sized firm with a strong history of family leadership, will be the eleventh independent broker-dealer...
March 12, 2015 - RCS Capital Corp. resumed building out its retail broker-dealer network Thursday, announcing it had closed on its acquisition of VSR Financial Services Inc., a mid-sized independent broker-dealer known for selling alternative investments. VSR will become...
February 24, 2015 - RCS Capital Corp., or RCAP, had a challenging fourth quarter as the wholesaling unit responsible for marketing nontraded real estate investment trusts suffered a revenue drop of more than 50%. `The wholesaling unit, led by Realty Capital Securities, raised...
January 29, 2015 - Girard Securities has told its advisers that an SEC audit of the firm is focusing on supervision of branch offices, part of an industry-wide move by the agency. â€œOn the first Monday of 2015, the first call I received was from the SEC informing me that...
- 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.