Something in common: Firms that sold TICs from DBSI

Dec 8, 2010 @ 12:01 am (Updated 3:29 pm) EST

  

Broker-dealers that sold tenant in common exchanges from the now-bankrupt DBSI Commissions generated
Berthel Fisher & Co. $5,581,000
QA3 Financial Corp. $5,455,000
DeWaay Financial Network Inc. $3,632,000
The Private Consulting Group (Closed March 2009) $3,580,000
Questar Capital Corp. $2,128,000
AFA Financial Group Inc. (Closed in April 2010) $2,000,000
Investors Capital $1,648,000
G.A. Repple & Co. $1,525,000
Equity Services Inc. $1,348,000
KMS Financial Services Inc. $1,341,000
Alternative Wealth Strategies Inc. $1,120,000
First Montauk Securities Corp. (Closed December 2008) $1,113,000
J.P. Turner Co. LLC $898,000
CapWest Securities Inc. $774,000
Direct Capital Securities Inc. (Closed February 2010) $734,000
LaSalle St. Securities $685,000
GunnAllen Financial Inc. (Shut down March 2010) $661,000
Fintegra LLC $597,000
Steven L. Falk & Associates $581,000
Askar Corp. $578,000
American Independent Securities Group $524,000
Capital Financial Services $481,000
National Securities Corp. $454,000
Calton & Associates $435,000
Intermountain Financial Services Inc. $411,000
Advisory Group Equity Services Ltd. $410,000
Brecek & Young Advisors Inc. (Merged into Securities America Corp. in 2009) $383,000
Milestone Financial Services Inc.(Closed in October 2008) $373,000
Capital Analysts Inc. $339,000
Beneficial Investor Services (firm's status as broker-dealer unclear) $322,000
Fox & Company Investments Inc. (Closed December 2008) $317,000
Private Asset Group Inc. (Closed in April 2010) $316,000
Alliance Affiliated Equity Corp. $304,000
Sigma Financial Corp. $279,000
OMNI Brokerage Inc. $271,000
K-One Investment Co. Inc. (Closed June 2009) $268,000
Empire Securities Corp. (Closed April 2010) $265,000
Burch and Company $260,000
Regent Capital Group Inc. $252,000
J.W. Cole Financial Inc. $244,000
Investment Security Corp. $236,000
Professional Asset Management Inc. $235,000
TransAm Securities Inc. $233,000
American Wealth Management Inc. $225,000
Axiom Capital $214,000
MCL Financial Group Inc. $210,000
Girard Securities Inc. $204,000
Pavek Investments $197,000
Philip Oleson (Registered rep affiliated with Independent Financial Group LLC) $195,000
Inlet Securities LLC $191,000
Cullum & Burks Securities Inc. (Shut down in May 2010) $189,000
Sammons Securities Co. LLC $186,000
Empire Financial Group Inc. (Closed November 2008) $185,000
Midpoint Financial Services Inc. (Closed December 2008) $168,000
Cambridge Investment Research Inc. $149,000
Regal Securities Inc. $135,000
Crews & Associates Inc. $130,000
Finance 500 Inc. $127,000
Ogilvie Security Advisors Corp. $123,000
NEXT Financial Group Inc. $121,000
Portfolio Advisors Alliance Inc. $120,000
American Portfolios Financial Services Inc. $116,000
Partnervest Securities Inc. $114,000
Partnervest Financial Group LLC (holding company for Partnervest Securities) $114,000
Great Northern Financial Securities Inc. (Closed in March 2006) $109,000
Harrison Douglas Inc. $108,000
The Street Inc. $105,000
Sterling Enterprises Group Inc. $88,000
Nations Financial Group Inc. $88,000
Intervest International Equities Corp. $79,000
Mid Atlantic Capital Corp. $75,000
Resource Horizons Group LLC $66,000
Basic Investors Inc. (Closed in October 2008) 64,000
Costa Financial Securities Inc. (Shut down February 2008) $62,000
Sanders Morris Harris Inc. $61,000
MICG Investment Management LLC (Shut down May 2010) $59,000
Merrimac Corporate Securities Inc. $58,000
Dawson James Securities Inc. $57,000
RP Capital LLC $51,000
Brewer Financial Services LLC $48,000
NFP Securities Inc. $45,000
Centaurus Financial Inc. $44,000
Courtlandt Financial Group Inc., securities offered through Courtlandt Securities Corp. $39,000
Independent Financial Group LLC $36,000
Capital Management Securities Inc. $35,000
Morgan Peabody Inc. (Closed October 2008) $33,000
CFD Investments Inc. $33,000
Money Concepts Capital Corp. $29,000
Notman Financial Group (affiliated with Berthell Fisher) $20,000
Capital Quest Securities Inc. $20,000
Charter Pacific Securities LLC (Closed October 2008) $19,000
NewBridge Securities Corp. $17,000
Great American Advisors Inc. $16,000
Okoboji Financial Services (Closed May 2010) $15,000
Miller Johnson Steichen Kinnard Inc. (Closed in January 2008) $15,000
Northland Securities Inc. $14,000
Mcginn Smith & Co. Inc. (Closed in August 2010) $11,000
Total $48,623,000