Top Independent Broker-Dealers Ranked by Revenue Growth
Posted on January 15th, 2014 at 8:39 AM
From the Desk of Jim Eccleston at Eccleston Law Offices:
- Transamercia Financial Advisors Inc. rose 49.7% in annual revenue from $155.4M in 2012 to $232.6M in 2013.
- Cetera Advisors Inc. climbed 27.7% in annual revenue from $164.4M in 2012 to $210.0M in 2013.
- Triad Advisors Inc. went up 17.6% in annual revenue from $104.3M in 2012 to $122.7M in 2013.
- Wells Fargo Advisors Financial Network increased 14.7% in annual revenue from $519.9M in 2012 to $596.5M in 2013.
- Cambridge Investment Research Inc. rose13.5% in annual revenue from $406.5M in 2012 to $461.4M in 2013.
- Cetera Financial Institutions climbed 11.4% in annual revenue from $172.5M in 2012 to $192.2M in 2013.
- Commonwealth Financial Network improved 10.1% in annual revenue from $646.5M in 2012 to $712.1M in 2013.
- SII Investment Inc. scaled 9.8% in annual revenue from $151.2M in 2012 to $166M in 2013.
- Waddell &Reed Inc. ascended 9.3% in annual revenue from $330.7M in 2012 to $361.6M in 2013.
- Axa Advisors increased 9.1% in annual revenue from $572.5M in 2012 to $624.6M in 2013.
- Invest Financial Corp. increased 9.0% in annual revenue from $217.3M in 2012 to $236.8M in 2013.
- Northwestern Mutual increased 8.5% in annual revenue from $510.1M in 2012 to $553.6M in 2013.
- LPL Financial increased 7.3% in annual revenue from $3338.4M in 2012 to $3582.7M in 2013.
- American Portfolios Financial Services Inc. increased 7.3% in annual revenue from $123.0M in 2012 to $131.9M in 2013.
- M Holdings Securities Inc. (M Securities) increased 6.8% in annual revenue from $123.6M in 2012 to $131.9M in 2013.
- Ameritas Investment Corp. increased 6.2% in annual revenue from $120.0M in 2012 to $127.4M in 2013.
- Centaurus Financial Inc. increased 6.1% in annual revenue from $98.3M in 2012 to $104.4M in 2013.
- Princor Financial Services Corp. increased 5.5% in annual revenue from $229.5M in 2012 to $242.0M in 2013.
- ProEquities Inc. increased 4.4% in annual revenue from $105.4M in 2012 to $110.M in 2013.
- Raymond James Financial Services Inc. increased 4.0% in annual revenue from $1162.2M in 2012 to $1208.1M in 2013.
The attorneys of Eccleston Law Offices represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 50 years in delivering the highest quality legal services.