|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
Your practice is changing rapidly. What worked five years ago might not work for the next five years. Pershing's Jim Crowley has some solutions as your business evolves.
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