Investacorp Inc.

Investacorp Inc.

A subsidiary of Ladenburg Thalmann Financial Services Inc.

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4400 Biscayne Blvd.

Miami, FL 33137

(305) 557-3000

investacorp.com

Clearing firm: National Financial Services LLC

No. advisers: 452

No. franchises: 310

Year founded: 1978

Year end: Dec. 31

For More Information

CEOPatrick C. Farrell
Recruiting ContactLeslie Vigil
(305) 901-1825
E-mail
Compliance ContactMarcus Arneaud
(305) 557-3000
E-mail
Marketing ContactLeslie Vigil
(305) 901-1825
E-mail
Technology Operations ContactRana Chander
(305) 557-3000
E-mail

Recruitment & Staffing

2019 2018 2017
No. of reps452543565
No. of reps, male
No. of reps, female
No. of producing reps472476
No. of producing reps, male407427
No. of producing reps, female6549
No. of reps producing $100K-$499K /year175152
No. of reps producing $500K+ /year3830
No. of CFPs9595
No. of full-time employees8075
No. of fee-based advisers served230260
Average payout per rep, per year$221,787$194,086
Avg. annual production of top 20% reps$588,550$539,589
Total payout, per year$90,156,000$80,145,000
Cost of E&O insurance per rep, per year3750$3,750$3,550
Affiliation fees charged per rep, per year1620$1,620$135
Affiliation fee coverageTech, paperless system, eSign, consolidated reports, firm element, Office 365, email monitoring, Ladenburg Advantage resources, researchHome Office Supervision-Compliance Proprietary Paperless system Account opening technology eSignature Consolidated Account Reports Technology Support Email monitoring Research Ladenburg Advantage ResourcesInvestacorp's monthly affiliation fee for Registered Representatives is to maintain affiliation with our Broker Dealer. The affiliation fee covers Compliance Home Office Supervision, website hosting, email archival & retention and access to LEAP. LEAP is our proprietary web-based workstation that incorporates practice management tools, consolidated reporting, commission reports, forms, custom research and marketing tools.
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds 86%-90% 86%-90% 91%-95% 91%-95% 91%-95%
Insurance 86%-90% 86%-90% 91%-95% 91%-95% 91%-95%
Variable annuities 86%-90% 86%-90% 91%-95% 91%-95% 91%-95%
Limited parterships 86%-90% 86%-90% 91%-95% 91%-95% 91%-95%
Securities 86%-90% 86%-90% 91%-95% 91%-95% 91%-95%
Required minimum production$125,000
2019 2018 2017
Total revenues$104,683,443$92,081,556
Commission revenues$62,044,400$57,226,000
Securities revenues$4,555,700$4,452,900
Securities revenues: Stocks$3,022,900$2,689,200
Securities revenues: Bonds$873,800$129,500
Securities revenues: ETFs$659,000$634,200
Securities revenues: Other0
Mutual fund revenues$20,622,700$20,841,100
Annuities revenues$33,883,400$28,677,400
Annuities revenues: Fixed$3,737,400$1,210,100
Annuities revenues: Variable$30,146,000$27,467,300
Annuities revenues: Other0
Insurance revenue$1,034,900$1,203,700
Insurance revenues: Life$1,034,900$1,203,700
Insurance revenues: Disabilities
Insurance revenues: LTC
Insurance revenues: Other
Alternative revenues$1,935,200$2,038,600
Alternative revenues: Hedge funds
Alternative revenues: Managed futures
Alternative revenues: Private placements
Alternative revenues: REITs$2,039,000
Alternative revenues: Other
Other commission revenues$12,500$12,300
Fee revenues$28,116,000$22,919,000
Fee revenues: Rep-managed accounts$17,648,090$13,661,200
Fee revenues: Firm-managed accounts$4,386,100$3,726,100
Fee revenues: Outside-managed accounts$5,741,800$5,193,800
Fee revenues: Other$339,200$337,900
Total revenues: Other$14,523,000$11,937,000
2019 2018 2017
Total account assets$14,635,897,000$14,847,000,000
Fee-based assets$3,291,325,000$3,306,725,000
Fee-based assets: Clearing firm$659,299,000$668,485,000
Fee-based assets: Advisory firm platforms$2,149,494,000$2,046,345,000
Fee-based assets: Third-party money managers$482,532,000$591,895,000
Fee-based assets: Other
Total account assets: Other$11,344,572,000$11,926,274,000
Average assets per rep0$26,953,770$26,277,876
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
LinkedIn
Twitter
Dedicated mobile application for advisers?Y
Primary purpose of mobile application
Software Offered
Account aggregation software Built in house/Proprietary
Albridge
Compliance software
CRM Redtail CRM (Redtail Technology)
Document management Built in house/Proprietary
Financial planning Cheshire Wealth Manager (Cheshire Software Inc.)
eMoney360 (eMoney Advisor)
MoneyGuidePro (PIEtech Inc.)
Morningstar Advisor Workstation (Morningstar Inc.)
NaviPro Planning Suite (Advicent, formerly Zywave)
Portfolio management Albridge Wealth Reporting (Albridge, and affiliate of Pershing)
Orion Solutions (Orion Advisor Services LLC)
Portfolio rebalancing Advisor Rebalancing (Envestnet/Tamarac)
Fidelity Wealth Central (Fidelity Institutional Wealth Services)
Robo-advice
Offers robo-advisory platform?N
If not, when plans to offer a robo-platform0-6 months
Robo-advice services offered
How robo-platform developedBy a third-party developer
Charge for robo-advisory services?N
    Notes
  • 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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