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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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|Rank||Firm||Operating expenses ▼|
|1||LPL Financial LLC||$3,628,700,000|
|3||Cambridge Investment Research Inc.||$536,038,379|
|4||Cadaret Grant & Co. Inc.||$152,507,158|
|5||NEXT Financial Group Inc.||$123,977,931|
|6||H. Beck Inc.||$117,991,140|
|7||VSR Financial Services Inc.||$104,531,850|
|8||Geneos Wealth Management Inc.||$103,777,628|
|9||Investors Capital Corp.||$95,725,262|
|10||Allstate Financial Services LLC||$87,230,243|
|12||Summit Brokerage Services, Inc.||$82,000,000|
|13||United Planners Financial Services||$70,356,906|
|14||Berthel Fisher & Co. Financial Services Inc.||$65,438,278|
|15||MML Investors Services LLC||$62,505,555|
|16||The O.N. Equity Sales Co.||$57,793,782|
|17||National Planning Corp.||$50,832,000|
|18||The Investment Center Inc.||$48,999,844|
|19||First Allied Securities, Inc.||$47,537,923|
|20||Park Avenue Securities LLC||$45,699,760|
|21||Kovack Securities Inc.||$43,067,000|
|22||Transamerica Financial Advisors Inc.||$41,399,000|
|23||Princor Financial Services Corp.||$38,716,591|
|24||INVEST Financial Corp.||$35,959,000|
|25||SWS Financial Services||$35,742,090|
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