|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%|
Advisor Group's Jamie Price: The real reason why most advisers don't have a succession plan in place
Eighty percent of advisers do not have a succession plan in place, though about half of them already know they will need to transition their businesses within the next 10 years, according to Jamie Price, president and CEO of Advisor Group.
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