Payout grids for independent broker-dealers

See the payout grids for 49 IBDs, based on data the firms provided to InvestmentNews Research.

Firm/parent company (if any)	Phone/website/CEO*	Recruiting contact name/phone/email	Payout ratio by gross production	Payout ratio by gross production	Payout ratio by gross production	Payout ratio by gross production	Payout ratio by gross production	Payout ratio by gross production
			Product	$0-$249,999	$250,000-$499,999	$500,000-$749,999	$750,000-$999,999	$1M and greater
Alden Investment Group	(215) 572-8700	John Mulqueen	Mutual funds	81%-85%	86%-90%	86%-90%	86%-90%	86%-90%
	aldeninvestmentgroup.com	(215) 572-8700	Securities	81%-85%	86%-90%	86%-90%	86%-90%	86%-90%
	Lee Calfo	[email protected]	Insurance	81%-85%	86%-90%	86%-90%	86%-90%	86%-90%
			Variable annuities	81%-85%	86%-90%	86%-90%	86%-90%	86%-90%
			Limited partnerships	81%-85%	81%-85%	81%-85%	81%-85%	86%-90%

American Portfolios Financial Services Inc.	(631) 439-4600	Lon T. Dolber	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
American Portfolios Holdings Inc.	americanportfolios.com	(800) 889-3914 ext. 106	Securities	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
	Lon T. Dolber (President & CEO)	[email protected]	Insurance	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
			Limited partnerships	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%

Ameriprise Financial Services	(612) 671-3131	Manish P. Dave	Mutual funds	N/D	N/D	N/D	N/D	N/D
Ameriprise Financial	ameriprise.com/why	(612) 671-0932	Securities	N/D	N/D	N/D	N/D	N/D
	Jim Cracchiolo (Chairman & CEO)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

Arkadios Capital	(404) 445-0035	Chris Mielnicki	Mutual funds	N/A	N/A	91%-95%	91%-95%	91%-95%
	arkadios.com	(404) 445-0035	Securities	N/A	N/A	91%-95%	91%-95%	91%-95%
	David Y. Millican	[email protected]	Insurance	N/A	N/A	91%-95%	91%-95%	91%-95%
			Variable annuities	N/A	N/A	91%-95%	91%-95%	91%-95%
			Limited partnerships	N/A	N/A	91%-95%	91%-95%	91%-95%

Avantax Investment Services Inc.	(800) 821-8254	Tim Stewart	Mutual funds	Up to 86%	Up to 90%	Up to 90%	Up to 90%	Up to 94%
	avantax.com	(972) 870-6142	Securities	Up to 86%	Up to 90%	Up to 90%	Up to 90%	Up to 94%
	Todd Mackay (President, Wealth Management)	[email protected]	Insurance	Up to 86%	Up to 90%	Up to 90%	Up to 90%	Up to 94%
			Variable annuities	Up to 86%	Up to 90%	Up to 90%	Up to 90%	Up to 94%
			Limited partnerships	Up to 86%	Up to 90%	Up to 90%	Up to 90%	Up to 94%

Cambridge Investment Research Inc.	(800) 777-6080	Tammy Robbins	Mutual funds	Negotiable up to 100%
	joincambridge.com	(800) 777-6080	Securities	Negotiable up to 100%
	Amy Webber (President & CEO)	[email protected]	Insurance	Negotiable up to 100%
			Variable annuities	Negotiable up to 100%
			Limited partnerships	Negotiable up to 100%

Centaurus Financial Inc.	(800) 880-4234	Tesh Lokumal	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
Federation of Financial Services	joincfi.com; centaurusfinancial.com	(800) 880-4234 ext. 212	Securities	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
	J. Ronald King (Chairman & CEO)	[email protected]	Insurance	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Limited partnerships	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%

CFD Investments Inc.	(800) 745-7776	Brent A. Owens	Mutual funds	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	joincfd.com, cfdinvestments.com	(800) 745-7776 ext. 3006	Securities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	Brent A. Owens (President)	[email protected]	Insurance	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Variable annuities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Limited partnerships	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%

Commonwealth Equity Services, LLC dba-Commonwealth Financial Network	(866) 462-3638	Andrew Daniels	Mutual funds	50%-87%	87%	88%	89%	90%-95%
	commonwealth.com	(866) 462-3638	Securities	50%-87%	87%	88%	89%	90%-95%
	Wayne Bloom	[email protected]	Insurance	100%	100%	100%	100%	100%
			Variable annuities	50%-87%	87%	88%	89%	90%-95%
			Limited partnerships	50%-87%	87%	88%	89%	90%-95%

Cutter & Co. Inc.	(636) 537-8770	William L. Meyer	Mutual funds	25%-80%	85%	86%	87%	90%
	cutterco.com	(636) 537-8770	Securities	25%-80%	85%	86%	87%	90%
	Deborah M. Castiglioni	[email protected]	Insurance	25%-80%	85%	86%	87%	90%
			Variable annuities	25%-80%	85%	86%	87%	90%
			Limited partnerships	25%-80%	85%	86%	87%	90%

Equitable Advisors	(212) 554-1234	David Goettelmann	Mutual funds	40%- 75%	40%-75%	81%-85%	86%-90%	91%-95%
Equitable Holdings Inc.	equitable.com	(212) 314-2057	Securities	40%-75%	40%-83%	81%-85%	86%-90%	91%-95%
	David Karr	[email protected]	Insurance	51%-75%	53%-83%	81%-85%	86%-90%	91%-95%
			Variable annuities	51%-75%	53%-83%	81%-85%	86%-90%	91%-95%
			Limited partnerships	Do not offer this product

Equity Services Inc.	(800) 344-7437	Lou Martinez	Mutual funds	N/D	N/D	N/D	N/D	N/D
National Life Group	equity-services.com	(802) 229-7457	Securities	N/D	N/D	N/D	N/D	N/D
	Ata Azarshahi (President)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

Fortune Financial Services Inc.	(724) 846-2488	Gregory J. Bentley	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
	fortunefinancialservices.com	(724) 846-2488	Securities	Do not offer this product
	Gregory J. Bentley (President & CEO)	[email protected]	Insurance	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Limited partnerships	Do not offer this product

Founders Financial	(888) 523-1162	Tom Senseney, Jr.	Mutual funds	Up to 90%	Up to 90%	Up to 90%	Up to 90%	Up to 90%
Founders Financial Inc.	foundersfinancial.com	(888) 523-1162 ext. 1260	Securities	Up to 90%	Up to 90%	Up to 90%	Up to 90%	Up to 90%
	Bradley M. Shepherd	[email protected]	Insurance	Up to 90%	Up to 90%	Up to 90%	Up to 90%	Up to 90%
			Variable annuities	Up to 90%	Up to 90%	Up to 90%	Up to 90%	Up to 90%
			Limited partnerships	Up to 90%	Up to 90%	Up to 90%	Up to 90%	Up to 90%

Geneos Wealth Management Inc.	(888) 812-5043	Austin Gross	Mutual funds	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
	geneoswealth.com	(303) 785-8470 ext. 151	Securities	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
	Ryan Diachok	[email protected]	Insurance	86%-90%	86%-90%	91%-95%	91%-95%	91%-95%
			Variable annuities	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
			Limited partnerships	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%

Grove Point Financial	(301) 944-5900	Robert J. Engle	Mutual funds	81%-85%	86%-90%	86%-90%	91%-95%	91%-95%
Kestra Holdings	grovepointfinancial.com	(301) 944-5872	Securities	81%-85%	86%-90%	86%-90%	91%-95%	91%-95%
	Michelle A. Barry (President)	[email protected]	Insurance	81%-85%	86%-90%	86%-90%	91%-95%	91%-95%
			Variable annuities	81%-85%	86%-90%	86%-90%	91%-95%	91%-95%
			Limited partnerships	81%-85%	86%-90%	86%-90%	91%-95%	91%-95%

Harbour Investments Inc.	(608) 662-6100	Aaron M. Hager	Mutual funds	Up to 90%	Up to 91%	Up to 92%	Up to 93%	Up to 94%
	harbourinv.com	(608) 662-6100	Securities	Up to 90%	Up to 91%	Up to 92%	Up to 93%	Up to 94%
	Aaron M. Hager (President)	[email protected]	Insurance	Up to 100%	Up to 100%	Up to 100%	Up to 100%	Up to 100%
			Variable annuities	Up to 90%	Up to 91%	Up to 92%	Up to 93%	Up to 94%
			Limited partnerships	Up to 90%	Up to 91%	Up to 92%	Up to 93%	Up to 94%

Hornor Townsend & Kent	(800) 873-7637		Mutual funds	N/D	N/D	N/D	N/D	N/D
Penn Mutual Life Insurance Co.	htk.com		Securities	N/D	N/D	N/D	N/D	N/D
	Aaron Gordon (President)		Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

Independent Financial Group	(800) 269-1903	Julia Kohan	Mutual funds	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	ifgsd.com	(800) 269-1903	Securities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	Scott Heising (President & Co-Founder)	[email protected]	Insurance	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Variable annuities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Limited partnerships	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%

Infinity Financial Services	(510) 588-8000	Gregory Gilbert	Mutual funds	N/D	N/D	N/D	N/D	N/D
Infinity Financial Services Advisory	infinitysecurities.com	(510) 588-8000	Securities	N/D	N/D	N/D	N/D	N/D
	Gregory Gilbert	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

J.W. Cole Financial Inc.	(866) 592-6531	John Carlson	Mutual funds	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	jw-cole.com	(866) 592-6531	Securities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	Robert Wood (Principal & Owner)	[email protected]	Insurance	86%-90%	96%-100%	96%-100%	96%-100%	96%-100%
			Variable annuities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Limited partnerships	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%

Kestra Financial Inc	(844) 553-7872	Daniel Schwamb	Mutual funds	65%-85%	88%-91%	92%	93%	93%
Kestra Holdings	kestrafinancial.com	(737) 443-2400	Securities	65%-85%	88%-91%	92%	93%	93%-95%
	Stephen Langlois (President)	[email protected]	Insurance	65%-100%	88%-100%	92%-100%	93%-100%	93%-100%
			Variable annuities	65%-85%	88%-91%	92%	93%	93%-95%
			Limited partnerships	65%-85%	88%-91%	92%	93%	93%-95%

Kovack Securities Inc.	(866) 564-6574	Carlo A. Bidone, Jr.	Mutual funds	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
Kovack Financial Cos.	joinksi.com	(954) 670-0616	Securities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	Brian J. Kovack	[email protected]	Insurance	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Variable annuities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Limited partnerships	Do not offer this product

LaSalle St. Securities	(800) 777-7865	Mark Contey	Mutual funds	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	lasallest.com	(630) 600-0360	Securities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
	Jack McDermott	[email protected]	Insurance	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Variable annuities	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%
			Limited partnerships	86%-90%	91%-95%	91%-95%	91%-95%	91%-95%

Lincoln Financial Network	(866) 533-3410	National Recruiting Team	Mutual funds	51%-75%	51%-75%	81%-85%	86%-90%	86%-90%
Lincoln Financial Group	joinlfn.com	(866) 533-3410	Securities	26%-50%	51%-75%	51%-75%	76%-80%	76%-80%
	David S. Berkowitz (President)	[email protected]	Insurance	51%-75%	51%-75%	81%-85%	86%-90%	86%-90%
			Variable annuities	51%-75%	51%-75%	81%-85%	86%-90%	86%-90%
			Limited partnerships	51%-75%	51%-75%	81%-85%	86%-90%	86%-90%

Lincoln Investment Planning	(215) 887-8111	Thomas Lakatos	Mutual funds	N/D	N/D	N/D	N/D	N/D
Lincoln Investment Group Holdings	lincolninvestment.com	(215) 881-4657	Securities	N/D	N/D	N/D	N/D	N/D
	Edward Forst (President & CEO)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

LPL Financial	(866) 794-0185	Scott Posner	Mutual funds	90%-92%	90%-92%	90%-93%	90%-94%	90%-98%
LPL Financial Holdings Inc.	lpl.com	(866) 794-0185	Securities	75%-92%	75%-92%	75%-93%	75%-94%	90%-98%
	Dan Arnold (President & CEO)		Insurance	90%-92%	90%-92%	90%-93%	90%-94%	90%-98%
			Variable annuities	90%-92%	90%-92%	90%-93%	90%-94%	90%-98%
			Limited partnerships	90%-92%	90%-92%	90%-93%	90%-94%	90%-98%

M Holdings Securities Inc. (M Securities)	(503) 232-6960	Jeff Bear	Mutual funds	N/D	N/D	N/D	N/D	N/D
M Financial Group	mfin.com		Securities	N/D	N/D	N/D	N/D	N/D
	Bridget McNamara-Fenesy (President & CEO)		Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

MML Investors Services	(800) 542-6767	Julie Davis	Mutual funds	40%-80%	80%	80%-82.5%	83%	83%
Massachusetts Mutual Life Insurance Co.	massmutual.com/investment/mmlinvestors	(413) 744-6337	Securities	40%-80%	80%	80%-82.5%	83%	83%
	John Vaccaro	[email protected]	Insurance	40%-80%	80%	80%-82.5%	83%	83%
			Variable annuities	40%-80%	80%	80%-82.5%	83%	83%
			Limited partnerships	40%-80%	80%	80%-82.5%	83%	83%

Nationwide Planning Associates Inc.	(201) 476-0029	Michael J. De Pol	Mutual funds	N/D	N/D	N/D	N/D	N/D
	nationwideplanning.com	(201) 819-6204	Securities	N/D	N/D	N/D	N/D	N/D
	Michael J. Karalewich	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

Northwestern Mutual Investment Services	(866) 664-7737	Kathy Tague	Mutual funds	N/D	N/D	N/D	N/D	N/D
The Northwestern Mutual Life Insurance Co.	northwesternmutual.com	(414) 665-5559	Securities	N/D	N/D	N/D	N/D	N/D
	Evamarie Schoenborn (Vice President, IPS Products & President, Northwestern Mutual Wealth Management Company)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

Park Avenue Securities	(888) 600-4667	Katie Martineau	Mutual funds	Set by Agency
Guardian Life Insurance Co. of America	parkavenuesecurities.com	(860) 378-4078	Securities	Set by Agency
	Marianne Caswell (President)	[email protected]	Insurance	Set by Agency
			Variable annuities	Set by Agency
			Limited partnerships	Do not offer this product

PlanMember Securities Corp.	(800) 874-6910	Kevin Twohy	Mutual funds	Up to 93%	Up to 93%	Up to 93%	Up to 93%	Up to 95%
	planmember.com/join	(800) 874-6910 ext. 2209	Securities	Up to 93%	Up to 93%	Up to 93%	Up to 93%	Up to 95%
	Jon Ziehl (Founder, President & CEO)	[email protected]	Insurance	100%	100%	100%	100%	100%
			Variable annuities	Up to 93%	Up to 93%	Up to 93%	Up to 93%	Up to 95%
			Limited partnerships	Do not offer this product

Principal Securities Inc.	(888) 774-6267	Betsy Jepsen	Mutual funds	Up to 74%	Up to 81%	Up to 86%	Up to 89%	Up to 92%
Principal Financial Services Inc.	principal.com	(515) 878-1704	Securities	Up to 74%	Up to 81%	Up to 86%	Up to 89%	Up to 92%
	Michael F. Murray (President & CEO)	[email protected]	Insurance	Up to 85%	Up to 86%	Up to 87%	Up to 87%	Up to 87%
			Variable annuities	Up to 74%	Up to 81%	Up to 86%	Up to 89%	Up to 92%
			Limited partnerships	Up to 74%	Up to 81%	Up to 86%	Up to 89%	Up to 92%

Prospera Financial Services Inc.	(972) 581-3000	Tim Edwards	Mutual funds	86%-90%	86%-90%	86%-90%	90%-92%	92%-99%
	prosperafinancial.com	(972) 581-3007	Securities	86%-90%	86%-90%	86%-90%	90%-92%	92%-99%
	David W. Stringer (Co-CEO & Managing Partner)	[email protected]	Insurance	86%-90%	86%-90%	86%-90%	90%-92%	92%-99%
			Variable annuities	86%-90%	86%-90%	86%-90%	90%-92%	92%-99%
			Limited partnerships	86%-90%	86%-90%	86%-90%	90%-92%	92%-99%

Quincy Cass Associates Inc.	(310) 473-4411	Mark C. Minichiello	Mutual funds	51%-75%	51%-75%	51%-75%	76%-80%	76%-80%
	quincycass.com	(310) 473-4411	Securities	51%-75%	51%-75%	51%-75%	76%-80%	76%-80%
	Mark C. Minichiello	[email protected]	Insurance	Do not offer this product
			Variable annuities	Do not offer this product
			Limited partnerships	Do not offer this product

Raymond James Financial Services Inc.	(727) 567-1000	Robbie Moseley	Mutual funds	81%-90%	81%-90%	81%-90%	81%-90%	81%-90%
Raymond James Financial	advisorchoice.com	(866) 877-1685	Securities	81%-90%	81%-90%	81%-90%	81%-90%	81%-90%
	Paul Reilly	[email protected]	Insurance	81%-90%	81%-90%	81%-90%	81%-90%	81%-90%
			Variable annuities	81%-90%	81%-90%	81%-90%	81%-90%	81%-90%
			Limited partnerships	81%-90%	81%-90%	81%-90%	81%-90%	81%-90%

Securian Financial Services Inc.	(651) 665-3500		Mutual funds	Up to 84%	Up to 92%	Up to 93%	Up to 94%	Up to 96%
Securian Financial Group Inc.	securian.com		Securities	Up to 84%	Up to 92%	Up to 93%	Up to 94%	Up to 95%
	George Connolly		Insurance	Up to 89%	Up to 91%	Up to 92%	Up to 92%	Up to 93%
			Variable annuities	Up to 84%	Up to 92%	Up to 93%	Up to 94%	Up to 95%
			Limited partnerships	Do not offer this product

Spire Investment Partners	(703) 748-5800	Scott Fewin	Mutual funds	N/D	N/D	N/D	N/D	N/D
	spireip.com	(703) 748-5838	Securities	N/D	N/D	N/D	N/D	N/D
	David L. Blisk (Founder & CEO)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

St. Bernard Financial Services Inc.	(479) 967-1200	Robert Keenan	Mutual funds	81%-85%	81%-85%	81%-85%	81%-85%	81%-85%
	stbernardfinancial.com	(479) 967-1200	Securities	81%-85%	81%-85%	81%-85%	81%-85%	81%-85%
	Robert Keenan	[email protected]	Insurance	81%-85%	81%-85%	81%-85%	81%-85%	81%-85%
			Variable annuities	81%-85%	81%-85%	81%-85%	81%-85%	81%-85%
			Limited partnerships	Do not offer this product

The Investment Center Inc.	(800) 345-8041	Nicole Johnson	Mutual funds	86%-90%	86%-90%	91%-95%	91%-95%	91%-95%
	investmentctr.com	(888) 868-4805	Securities	86%-90%	86%-90%	91%-95%	91%-95%	91%-95%
	Ralph J. DeVito (President & CEO)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	86%-90%	86%-90%	91%-95%	91%-95%	91%-95%
			Limited partnerships	86%-90%	86%-90%	91%-95%	91%-95%	91%-95%

The Leaders Group	(303) 797-9080	Charles Arnold	Mutual funds	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
	leadersgroup.net/about-us/	(303) 797-9080 ext. 1230	Securities	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
	Sean D. Wickersham (President)	[email protected]	Insurance	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
			Variable annuities	81%-85%	86%-90%	91%-95%	91%-95%	91%-95%
			Limited partnerships	Do not offer this product

The O.N. Equity Sales Co.	(877) 663-7267	Patrick H. McEvoy	Mutual funds	Up to 92%	Up to 92%	Up to 92%	Up to 92%	Up to 92%
Ohio National Life Insurance Co.	joinonesco.com	(513) 797-3400	Securities	Up to 92%	Up to 92%	Up to 92%	Up to 92%	Up to 92%
	Patrick H. McEvoy (President & CEO)	[email protected]	Insurance	Up to 92%	Up to 92%	Up to 92%	Up to 92%	Up to 92%
			Variable annuities	Up to 92%	Up to 92%	Up to 92%	Up to 92%	Up to 92%
			Limited partnerships	Up to 92%	Up to 92%	Up to 92%	Up to 92%	Up to 92%

The Strategic Financial Alliance Inc.	(678) 954-4000	Jamie Mackay	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
SFA Holdings Inc.	thesfa.net	(678) 954-4058	Securities	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
	Clive Slovin (President & CEO)	[email protected]	Insurance	91%-95%	91%-95%	91%-95%	91%-95%	91%-95%
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
			Limited partnerships	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%

Trustmont Financial Group Inc.	(724) 468-5665	Lacey Dochinez	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
	trustmontgroup.com	(724) 468-5665	Securities	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
	Anthony C. Hladek (President)	[email protected]	Insurance	91%-95%	91%-95%	91%-95%	91%-95%	91%-95%
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Limited partnerships	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%

Vanderbilt Financial Group	631-845-5100	Joe Trifiletti	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
	joinvanderbilt.com	(631) 845-5100	Securities	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
	Joseph J. Trifiletti (President)	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%
			Limited partnerships	86%-90%	86%-90%	86%-90%	86%-90%	91%-95%

Veritas Independent Partners	(501) 358-6131	Debra Shannon	Mutual funds	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
	veritasindependentpartners.com	(501) 358-6131	Securities	Do not offer this product
	Gail Murdoch	[email protected]	Insurance	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Variable annuities	86%-90%	86%-90%	86%-90%	86%-90%	86%-90%
			Limited partnerships	Do not offer this product

Wall Street Access	(212) 709-9447		Mutual funds	N/D	N/D	N/D	N/D	N/D
	wsaccess.com		Securities	N/D	N/D	N/D	N/D	N/D
	Arthur L. Goetchius		Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D

World Capital Brokerage Inc.	(888) 742-0631	Patrick E. Dukette	Mutual funds	N/D	N/D	N/D	N/D	N/D
	worldcapitalbrokerage.com	(303) 626-0601	Securities	N/D	N/D	N/D	N/D	N/D
	Timothy E. Taggart (President )	[email protected]	Insurance	N/D	N/D	N/D	N/D	N/D
			Variable annuities	N/D	N/D	N/D	N/D	N/D
			Limited partnerships	N/D	N/D	N/D	N/D	N/D