Independent broker-dealer exits: March 2010-present
More than 3,200 reps have been displaced in the last two years.
| Firm (click to read full story) | Main office | Date firm terminated or withdrew Finra registration | Estimated # of reps | Years in business |
|---|---|---|---|---|
| Provident Asset Management LLC | Texas | March 2010 | 50 | 2 |
| GunnAllen Financial Inc. | Florida | April 2010 | 400 | 24 |
| Private Asset Group Inc. | California | April 2010 | N/A | 4 |
| AFA Financial Group LLC | California | April 2010 | 100 | 7 |
| Nationwide Securities LLC | Ohio | April 2010 | 200 | 3 |
| MICG Investment Management LLC | Virginia | May 2010 | 40 | 10 |
| Cullum & Burks Securities Inc. | Texas | May 2010 | 100 | 12 |
| Okoboji Financial Services Inc. | Iowa | May 2010 | 20 | 22 |
| Jesup & Lamont | New York | June 2010 | 300 | 15 |
| Chicago Investment Group | Illinois | July 2010 | 90 | 8 |
| Great American Advisors Inc. | Ohio | July 2010 | 500 | 17 |
| United Equity Securities LLC | Texas | Aug. 2010 | 60 | 16 |
| Brewer Financial Services Inc. | Illinois | Oct. 2010 | 87 | 6 |
| Matheson Securities LLC | Florida | Jan. 2011 | N/A | 6 |
| QA3 Financial Corp. | Nebraska | Feb. 2011 | 400 | 30 |
| Securities Network LLC | Georgia | March 2011 | N/A | 7 |
| Omni Brokerage Inc. | Utah | April 2011 | 50 | 26 |
| Harrison Douglas Inc. | Colorado | May 2011 | N/A | 15 |
| WFP Securities Corp. | California | May 2011 | N/A | 24 |
| Meadowbrook Securities LLC (Investlinc Securities LLC) | Mississippi | June 2011 | N/A | 10 |
| CapWest Securities Inc. | Colorado | July 2011 | 50 | 20 |
| Boogie Investment Group Inc. | Florida | Sept. 2011 | N/A | 6 |
| Workman Securities Corp. | Minnesota | Oct. 2011 | 100 | 21 |
| Ensemble Financial Services Inc.1 | New York | December 2011 | 85 | N/A |
| Pacific West Securities Inc. | Washington | March 2012 | 290 | 40 |
| Brookstone Securities Inc. | Florida | June 2012 | 198 | 7 |
| Milkie/Ferguson Investments Inc. | Texas | July 2012 | 40 | 26 |
| DeWaay Financial Network LLC | Iowa | Nov. 2012 2 | N/A | 6 |
Sources: Finra BrokerCheck, InvestmentNews and other published reports
Learn more about reprints and licensing for this article.
Best- and worst-performing equity funds
By category, ranked by one-year total returns.
The top-performing socially conscious funds
A look at the ESG funds that have performed the best as socially responsible investing has grown in popularity.
Custodians ranked by number of RIA custody clients
Firm Address City, State Zip Phone Website Head of RIA custody business 2014 # of clients % change…
Long-term care carriers
Provider data covering new and in-force policies and premiums
