|Firm||Story date (click to read full story)||Estimated reps (as of story date)|
|MCL Financial||June 15, 2011||44|
|WFP Securities||June 3, 2011||48|
|Omni Brokerage Inc.||June 1, 2011||50|
|Securities Network Inc.||May 24, 2011||N/A|
|Ensemble Financial Services Inc.*||Feb. 24, 2011||85|
|QA3 Financial Corp.||Feb. 11, 2011||400|
|Brewer Financial Services Inc.||Nov. 1, 2010||87|
|United Equity Securities LLC||Aug. 12, 2010||60|
|Great American Advisors Inc.||July 12, 2010||500|
|Chicago Investment Group||June 28, 2010||90|
|Jesup & Lamont||June 21, 2010||300|
|Cullum & Burks Securities Inc.||June 16, 2010||100|
|GunnAllen Financial Inc.||June 14, 2010||400|
|Okoboji Financial Services Inc.||May 28, 2010||20|
|MICG Investment Management LLC||May 12, 2010||40|
|AFA Financial Group LLC||Apr. 30, 2010||100|
|Nationwide Securities LLC||Apr. 1, 2010||200|
|Provident Asset Management LLC||Mar. 18, 2010||50|
|N/A=not available *Only B-D operations will be shuttered. RIA unit will remain open|
Broker-dealers: Firms that have shuttered since 2010
More than 2,500 reps have been displaced as private placements have wreaked havoc on more than a dozen B-Ds
Jun 1, 2011 @ 3:22 pm
InvestmentNews editor Frederick P. Gabriel Jr. and reporter Greg Iacurci talk about this week's cover story that looks at whether Fidelity Investments is stepping on the toes of retirement plan advisers.
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