|Firm||# of retail offices||Producing reps||% chg vs. 2011||Client assets ($M)||% chg vs. 2011||Total client accounts1||% chg vs. 2011|
|Ameriprise Financial Inc.||149||2,062||3.2%||$61,133.8||23.8%||348,328||-4.7%|
|Janney Montgomery Scott||103||736||2.1%||$55,500.0||14.7%||311,800||3.0%|
|Morgan Stanley Wealth Management||727||16,829||-2.7%||$1,768,000.0||13.3%||N/D||N/A|
|Raymond James & Associates3||239||1,861||69.8%||$169,537.3||99.2%||1,040,015||108.8%|
|RBC Wealth Management||200||2,000||0.0%||$188,000.0||11.9%||778,000||122.9%|
|Robert W. Baird & Co.||74||691||0.4%||$73,007.84||5.7%||297,195||3.2%|
|Scott & Stringfellow||37||236||-2.1%||$20,801.4||13.6%||94,333||-4.6%|
|Southwest Securities Inc.||19||167||1.8%||$9,567.0||15.7%||35,633||-17.7%|
|Wells Fargo Advisors||1,360||15,167||-0.1%||$1,200,000.0||9.1%||26,710,853||4.2%|
The next five years will be more challenging for the markets than the past five, according to Joe Davis, global chief economist at Vanguard. Here's why it's more important than ever to stay reasonable with return expectations and stick to the plan.
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