| Holding company | IBD subsidiary | 2013 | 2012 | % change |
|---|---|---|---|---|
| LPL Financial Holdings Inc. | LPL Financial LLC | 13,553 | 13,155 | 3.0% |
| Ameriprise Financial | Ameriprise Financial Services Inc. | 7,526 | 7,449 | 1.0% |
| Cetera Financial Group | Cetera Advisor Networks, Cetera Financial Institutions, Cetera Financial Specialists, Cetera Advisors | 7,448 | 6,198 | 20.2% |
| The Northwestern Mutual Life Insurance Co. | Northwestern Mutual | 5,781 | 5,939 | -2.7% |
| Advisor Group | Royal Alliance Associates Inc., SagePoint Financial Inc., Woodbury Financial Services, FSC Securities Corp. | 5,462 | 5,463 | 0.0% |
| AXA Financial Inc. | AXA Advisors LLC | 5,045 | 5,242 | -3.8% |
| Massachusetts Mutual Life Insurance Co. | MML Investors Services LLC | 4,717 | 4,571 | 3.2% |
| Aegon | Transamerica Financial Advisors Inc. | 4,700 | 4,565 | 3.0% |
| MetLife Inc. | MetLife Securities Inc., New England Securities Inc. | 4,654 | 6,996 | -33.5% |
| Parthenon Capital Partners | HD Vest Investment Services | 4,573 | 4,670 | -2.1% |
| National Planning Holdings Inc. | INVEST Financial Corp., National Planning Corp., SII Investments Inc., Investment Centers of America Inc. | 4,300 | 3,816 | 12.7% |
| ING U.S. | ING Financial Partners Inc. | 3,363 | 3,220 | 4.4% |
| Raymond James Financial | Raymond James Financial Services Inc. | 3,275 | 3,220 | 1.7% |
| Principal Life Insurance Co. | Princor Financial Services Corp. | 2,282 | 2,283 | 0.0% |
| Ladenburg Thalmann Financial Services Inc. | Securities America Inc., Investacorp Inc. | 2,254 | 2,219 | 1.6% |
| Guardian Life Insurance Co. | Park Avenue Securities LLC | 2,221 | 2,234 | -0.6% |
| Securian Financial Group Inc. | Securian Financial Services Inc., H. Beck Inc. | 1,918 | 1,970 | -2.6% |
| Waddell & Reed Financial Inc. | Waddell & Reed Inc. | 1,879 | 1,875 | 0.2% |
| National Financial Partners Corp. | NFP Advisor Services Group | 1,652 | 1,650 | 0.1% |
| Manulife Financial | Signator Investors Inc. | 1,569 | 1,602 | -2.1% |
| Ameritas Life Insurance Co. | Ameritas Investment Corp. | 1,298 | 1,318 | -1.5% |
| Ohio National Life Insurance Co. | The O.N. Equity Sales Co. | 952 | 924 | 3.0% |
| M Financial Group | M Holdings Securities Inc. (M Securities) | 887 | 852 | 4.1% |
| Penn Mutual Life Insurance Co. | Hornor Townsend & Kent Inc. | 880 | 820 | 7.3% |
| RCAP Holdings, LLC | First Allied Securities Inc. | 878 | 815 | 7.7% |
As of Sept. 30 Source: InvestmentNews Data
Elsewhere, a Commonwealth team in Massachusetts converts to Cetera, while Janney draws four former Wells Fargo advisors to its Radnor, Pennsylvania office.
Clients say he copied the boss on his emails - and now they can't touch their cash.
He wired millions to his own accounts and told investors the fund was winning.
The partnership arrives as most small business owners near retirement age still don't have a formal succession plan in place.
A spokesperson for the estate planning fintech cited AI's reshaping of the industry as Trust & Will restructures its business.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
