| 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% |
| 2 | Ameriprise Financial Services Inc. | $4,260.00 | 8.00% | $1,199.80 | -9.90% | $2,332.60 | 16.70% | $727.60 | 18.20% |
| 3 | Raymond James Financial Services Inc. | $2,071.20 | 15.70% | $671.50 | 3.60% | $1,041.90 | 21.90% | $357.80 | 24.70% |
| 4 | Commonwealth Financial Network | $1,241.60 | 16.20% | $242.60 | -12.30% | $798.30 | 23.90% | $200.70 | 36.00% |
| 5 | MML Investors Services | $1,050.40 | 185.80% | $657.60 | 174.00% | $367.10 | 279.80% | $25.70 | -16.90% |
| 6 | Wells Fargo Advisors Financial Network | $990.80 | 8.80% | $261.80 | 2.00% | $472.40 | 12.50% | $256.60 | 9.40% |
| 7 | Northwestern Mutual Investment Services | $945.40 | 25.00% | $225.90 | 17.60% | $628.50 | 26.10% | $91.10 | 38.60% |
| 8 | Cambridge Investment Research Inc. | $811.40 | 14.00% | $259.80 | 7.80% | $459.80 | 18.40% | $91.80 | 11.80% |
| 9 | AXA Advisors | $786.50 | 8.10% | $557.00 | 3.80% | $194.40 | 22.30% | $35.10 | 10.30% |
| 10 | Lincoln Financial Network | $740.20 | -1.00% | $483.60 | -5.60% | $192.00 | 9.50% | $64.60 | 8.60% |
| 11 | Securities America Inc. | $637.30 | 19.00% | $257.60 | 12.10% | $313.80 | 26.30% | $65.90 | 14.60% |
| 12 | Cetera Advisor Networks | $606.80 | 5.90% | $274.10 | -1.80% | $247.50 | 9.70% | $85.20 | 25.30% |
| 13 | Royal Alliance Associates Inc. | $483.90 | 3.60% | $196.40 | 5.70% | $205.20 | -11.40% | $82.30 | 66.10% |
| 14 | Waddell & Reed Financial Advisors | $476.60 | -2.20% | $172.40 | -12.20% | $235.10 | 4.70% | $69.00 | 3.80% |
| 15 | Kestra Financial Inc. | $475.40 | 12.40% | $187.60 | 3.90% | $245.60 | 24.20% | $42.20 | -5.50% |
| 16 | Voya Financial Advisors Inc. | $429.30 | 9.00% | $260.20 | 3.00% | $147.30 | 18.70% | $21.80 | 28.70% |
| 17 | Signator Investors Inc. | $423.30 | 18.50% | $291.10 | 10.00% | $110.00 | 36.10% | $22.10 | 86.30% |
| 18 | SagePoint Financial Inc. | $351.70 | 14.40% | $180.20 | 6.00% | $109.20 | 6.20% | $62.30 | 78.90% |
| 19 | Cetera Advisors | $351.20 | 23.40% | $151.30 | 22.50% | $152.70 | 22.00% | $47.20 | 31.60% |
| 20 | Securian Financial Services Inc. | $347.20 | 6.60% | $186.10 | -1.40% | $120.50 | 19.30% | $40.70 | 12.40% |
| 21 | Lincoln Investment Planning | $309.70 | 33.20% | $121.30 | 10.90% | $178.00 | 53.80% | $10.40 | 38.40% |
| 22 | Principal Securities Inc. (fka Princor Financial Services Corp.) | $299.70 | 7.30% | $233.90 | 4.50% | $65.80 | 18.70% | $0.10 | N/M |
| 23 | Woodbury Financial Services | $285.60 | 12.50% | $178.60 | 2.10% | $62.40 | 16.30% | $44.60 | 75.90% |
| 24 | Cetera Financial Institutions | $284.00 | 7.90% | $186.80 | 0.70% | $35.30 | 36.10% | $61.90 | 19.90% |
| 25 | FSC Securities Corp. | $281.10 | 2.60% | $136.80 | 0.80% | $92.10 | -15.50% | $52.20 | 77.30% |
| 26 | First Allied Securities Inc. | $231.50 | 3.00% | $119.60 | -5.50% | $75.30 | 11.50% | $36.50 | 19.90% |
| 27 | American Portfolios Financial Services Inc. | $190.10 | 10.90% | $98.90 | 7.90% | $91.20 | 14.30% | $0.00 | N/M |
| 28 | Triad Advisors | $183.90 | 6.10% | $66.50 | -6.20% | $92.10 | 4.60% | $25.30 | 76.70% |
| 29 | CUNA Brokerage Services Inc. | $172.60 | 9.20% | $148.30 | 6.90% | $17.20 | 16.20% | $7.10 | 57.80% |
| 30 | M Holdings Securities Inc. (M Securities) | $165.50 | 11.80% | $136.30 | 5.90% | $22.90 | 42.40% | $6.40 | 98.40% |
| 31 | Summit Brokerage Services Inc. | $161.90 | 12.10% | $87.50 | -3.50% | $51.00 | 44.20% | $23.40 | 27.50% |
| 32 | Cadaret Grant & Co. Inc. | $158.50 | 6.00% | $109.40 | 4.60% | $44.10 | 7.10% | $5.00 | 34.20% |
| 33 | Centaurus Financial Inc. | $147.00 | 1.80% | $110.30 | 0.30% | $36.80 | 6.30% | $0.00 | N/M |
| 34 | Cetera Financial Specialists | $144.20 | 11.90% | $60.60 | 2.70% | $70.30 | 17.70% | $13.30 | 30.80% |
| 35 | Independent Financial Group | $139.30 | 13.30% | $77.30 | 9.00% | $51.10 | 21.70% | $10.90 | 8.80% |
| 36 | Ameritas Investment Corp. | $136.30 | 3.20% | $81.40 | 1.70% | $38.10 | 10.40% | $16.80 | -4.30% |
| 37 | Securities Service Network Inc. | $118.20 | 5.90% | $48.30 | -8.20% | $57.80 | 23.70% | $12.20 | -1.20% |
| 38 | H. Beck Inc. | $114.70 | 6.40% | $75.90 | 4.10% | $31.60 | 15.20% | $7.10 | 0.80% |
| 39 | Geneos Wealth Management Inc. | $111.90 | 7.10% | $40.60 | -21.40% | $67.20 | 36.90% | $4.10 | 9.90% |
| 40 | United Planners Financial Services | $110.90 | 14.00% | $48.20 | -8.30% | $62.80 | 40.20% | $0.00 | N/M |
| 41 | Questar Capital Corp. | $110.70 | 7.90% | $85.40 | 4.20% | $17.40 | 17.40% | $7.90 | 35.10% |
| 42 | J.W. Cole Financial Inc. | $104.60 | 14.40% | $73.20 | 9.20% | $31.40 | 28.70% | $0.00 | N/M |
| 43 | Sigma Financial Corp. | $99.80 | 15.20% | $56.90 | 15.40% | $37.80 | 19.90% | $5.00 | -12.20% |
| 44 | ProEquities Inc. | $98.10 | 0.20% | $60.90 | -6.00% | $26.90 | 16.40% | $10.30 | 2.80% |
| 45 | Transamerica Financial Advisors Inc. | $93.80 | -29.60% | $74.10 | -18.30% | $14.60 | -55.60% | $5.10 | -47.10% |
| 46 | Investacorp Inc. | $92.10 | 4.90% | $57.20 | -0.30% | $22.90 | 10.80% | $11.90 | 23.20% |
| 47 | PlanMember Securities Corp. | $85.60 | 14.10% | $25.30 | -1.70% | $59.70 | 22.50% | $0.60 | 2.40% |
| 48 | Kovack Securities Inc. | $74.60 | 14.10% | $37.30 | 0.10% | $32.50 | 15.40% | $4.80 | N/A |
| 49 | The O.N. Equity Sales Co. | $62.80 | 10.90% | $51.50 | 6.90% | $11.20 | 32.80% | $0.10 | 69.90% |
| 50 | Parkland Securities | $53.20 | 28.90% | $36.60 | 32.60% | $14.10 | 31.30% | $2.60 | -9.90% |
Former Northwestern Mutual advisors join firm for independence.
Executives from LPL Financial, Cresset Partners hired for key roles.
Geopolitical tension has been managed well by the markets.
December cut is still a possiblity.
Canada, China among nations to react to president-elect's comments.
Streamline your outreach with Aidentified's AI-driven solutions
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
