10 fastest-growing IBDs in 2022
Stocks sold off in 2022, with the S&P 500 index dropping 18%, which seems as though it would weigh on the performance of independent broker-dealers. Instead, the 25 largest IBDs reported a 6.1% increase in their total revenue last year compared to 2021, as the firms’ “other income,” a category of revenue primarily generated from rising interest rates and interest-rate spreads, came to the rescue.
Click through to see the firms whose revenue grew most rapidly last year, and visit the complete Broker-Dealer Data Center here.