Kovack Securities Inc.

6451 N. Federal Highway #1201

Fort Lauderdale, FL 33308

(866) 564-6574

joinksi.com

Year founded: 1997

Year end: Dec. 31

No. of retail offices: 287

All 2013-2011 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Retail accounts
  • Advisory accounts
  • Other types of accounts
  • Other types of accounts (specified)

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2013 2012 2011
No. of reps311289305
No. of producing reps295272305
No. of reps producing $100K-$499K /year259241154

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2013 2012 2011
Total revenues$46,315,000$40,516,908$37,404,971
Commission revenues$32,997,407$26,777,510$25,027,086
Fee revenues$13,317,593$13,739,398$12,377,885
Total revenues: Other0.000.000.00
2013 2012 2011
Total account assets$4,823,511,844$4,278,000,000$3,720,000,000
Fee-based assets$1,016,914,000$845,735,000$848,842,385
Total account assets: Other$3,806,597,844$3,432,265,000$2,871,157,615
Average assets per rep$15,509,684$14,802,768$12,196,721
2013 2012 2011
Excess net capital$1,410,500$1,365,000$1,456,000
Total operating expenses$43,067,000$38,958,525$35,348,971
Pre-tax earnings$3,248,000$2,280,475$2,056,000
Number of active client accounts55,00051,00045,000
CEORonald J. Kovack
Allows advisers to use social media
Social media sites allowed
Dedicated mobile application for advisers?
Primary purpose of mobile application
    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

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