A member of Protective Life Corp.
2801 Highway 280 S.
Birmingham, AL 35223
Clearing firm: Pershing LLC
No. advisers: 1,038
No. franchises: 554
Year founded: 1984
Year end: Dec. 31
No. of retail offices: 521
Recruitment & Staffing
|No. of reps||1,038||1,082||1,099|
|No. of producing reps||635||697||750|
|No. of reps producing $100K-$499K /year||195||196||190|
|Total revenues: Other||$5,820,784||$10,547,073||$9,992,638|
|Total account assets||$3,630,223,063||$3,511,292,657||$2,860,761,315|
|Total account assets: Other||0||0||0|
|Average assets per rep||$3,497,325||$3,245,187||$2,603,059|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||—|
April 24, 2019 - Firm 2018 revenue ($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 14, 2018 - ProEquities, an independent RIA and broker-dealer hybrid with $16 billion in client assets, is rolling out a new cybersecurity platform to improve protection for the firm's 700 financial advisers. (More: Fintech leaders address adoption and integration)...
April 21, 2018 - Firm 2017 % revenue ($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%...
August 30, 2017 - After 17 years with Lincoln Financial Securities, Bill Pickering has decided his $300 million-plus wealth management practice will be better served by a new broker-dealer relationship at ProEquities of Birmingham, Ala. Mr. Pickering, president of First...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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.
Latest news & opinion
Advisers are making decisions about clients' portfolios by using the same characteristics that govern factor-based ETFs.
The regulator sees patterns in the behavior and disclosures of high-risk brokers.
John Hancock policyholders would get a discount on their premium in return for agreeing to pay a bigger portion of their claims in the future.
After a payday of $75 million or more, CEO Joe Duran plans to join Goldman in a senior position.
Three big acquisitions in less than a year signals renewed life in the formerly beleaguered industry.