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The latest ranking of independent broker-dealers by rep head count

Even if recruiting at independent broker-dealers has hit a wall, the industry still features a number of firms with expanding numbers of registered reps.

Even if recruiting at independent broker-dealers has hit a wall, the industry still features a number of firms with expanding numbers of registered reps.

Here’s a snapshot of the number of reps at the biggest independent broker-dealers, including how their rep counts changed between 2013 and 2014. While LPL Financial still dominates in total rep count, the much smaller HD Vest enjoyed a 21% year-to-year rep increase.

For more insight on the independent broker-dealer landscape, be sure to check out our full Top Independent Broker-Dealers of 2015 special report.

Source: InvestmentNews Data

For complete data please visit: InvestmentNews.com/bddata

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