| 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% |
| Hilliard Lyons | 70 | 400 | 0.0% | $31,000.0 | 4.7% | 172,000 | -2.1% |
| Janney Montgomery Scott | 103 | 736 | 2.1% | $55,500.0 | 14.7% | 311,800 | 3.0% |
| Merrill Lynch | 693 | 16,076 | 0.1% | $1,604,000.0 | 10.5% | 2,092,1132 | 5.3% |
| 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% |
| Stifel Nicolaus | 306 | 1,886 | 4.7% | $130,600.0 | 21.3% | 826,000 | 21.2% |
| Wells Fargo Advisors | 1,360 | 15,167 | -0.1% | $1,200,000.0 | 9.1% | 26,710,853 | 4.2% |
As of September 30, 2012. N/D = not disclosed. N/A = not available. All information was supplied by the firms. Benjamin F. Edwards & Co. Boenning & Scattergood, D.A. Davidson & Co., Davenport & Co., Edward Jones, Sterne Agee, UBS Wealth Management, Americas and Wedbush Securities Inc. did not participate in the survey. 1Includes active and inactive accounts 2Number of active relationships/households 3Raymond James & Associates acquired Morgan Keegan in April 2012. All figures reflect acquisition. 4As of June 30.
Source: InvestmentNews Data