Top clearing and custody firms for financial advisers used by the top independent broker-dealers
Click column headers to sort fields
| Rank | Broker-dealer | Clearing firm |
|---|---|---|
| 1 | LPL Financial Services | Self-clearing |
| lpl.com | ||
| 2 | AIG Advisor Group Inc. | |
| aigadvisorgroup.com | ||
| Advantage Capital Corp. | Pershing LLC | |
| advantagecap.com | ||
| AIG Financial Advisors Inc. | Pershing LLC | |
| aigfinancialadvisors.com | ||
| American General Securities | Pershing LLC | |
| agsecurities.com | ||
| FSC Securities Corp. | Pershing LLC | |
| joinfsc.com | ||
| Royal Alliance Associates Inc. | Pershing LLC | |
| royalalliance.com | ||
| 3 | NFP Securities Inc. | National Financial Services LLC/Pershing LLC |
| nfp.com | ||
| 4 | Raymond James Financial Services Inc. | Raymond James & Associates Inc. |
| raymondjames.com | ||
| 5 | ING Advisors Network Inc. | |
| ingadvisors.com | ||
| Financial Network Investment Corp. | Pershing LLC | |
| financialnetwork.com | ||
| ING Financial Partners | Pershing LLC | |
| ingfinancialpartners.com | ||
| Multi-Financial Securities Corp. | Pershing LLC | |
| multifinancial.com | ||
| PrimeVest Financial Services | Self-clearing | |
| primevest.com | ||
| 6 | AXA Advisors LLC | Pershing LLC |
| axaonline.com | ||
| 7 | National Planning Holdings Inc. | |
| jnl.com | ||
| Invest Financial Corp. | National Financial Services LLC/Pershing LLC | |
| investfinancial.com | ||
| Investment Centers of America Inc. | Pershing LLC | |
| investmentcenters.com | ||
| National Planning Corp. | Pershing LLC | |
| natplan.com | ||
| SII Investments Inc. | Pershing LLC | |
| siionline.com | ||
| 8 | Securities America Inc. | National Financial Services LLC/Pershing LLC |
| securitiesamerica.com | ||
| 9 | Northwestern Mutual Investment Services LLC | Pershing LLC |
| nmfn.com | ||
| 10 | Commonwealth Financial Network LLP | National Financial Services LLC |
| commonwealth.com | ||
| 11 | MML Investors Services Inc. | National Financial Services LLC |
| mmlisi.com | ||
| 12 | Princor Financial Services Corp. | Pershing LLC |
| princor.com | ||
| 13 | H.D. Vest Financial Services | Wells Fargo & Co. |
| hdvest.com | ||
| 14 | Woodbury Financial Services Inc. | Pershing LLC |
| woodburyfinancialservices.com | ||
| 15 | Mutual Service Corp. | Pershing LLC |
| mutualservice.com | ||
| 16 | Wachovia Securities Financial Network | Self-clearing |
| wachoviasec.com | ||
| 17 | Cambridge Investment Research Inc. | National Financial Services LLC/ |
| joincir.com | Pershing LLC | |
| 18 | Advanced Equities Financial Corp. | |
| advancedequities.com | ||
| FFP Securities Inc. | Pershing LLC | |
| ffp1.com | ||
| First Allied Securities Inc. | Bear Stearns Securities Corp./ | |
| firstallied.com | Pershing LLC/ | |
| Wells Fargo & Co. | ||
| 19 | MetLife Independent Broker/Dealer | Pershing LLC |
| metlife.com | ||
| 20 | John Hancock Financial Network | National Financial Services LLC |
| johnhancock.com | ||
| 21 | GunnAllen Financial Inc. | Pershing LLC |
| gunnallen.com | ||
| 22 | InterSecurities Inc. | Pershing LLC |
| intersecurities.com | ||
| 23 | M Holdings Securities Inc. (M Securities) | Pershing LLC |
| mfin.com | ||
| 24 | Cadaret Grant & Co. Inc. | Pershing LLC |
| caderetgrant.com | ||
| 25 | Genworth Financial Securities Corp. | Pershing LLC |
| genworthfinancialsecurities.com | ||
| 26 | Ameritas Investment Corp. | National Financial Services LLC/ |
| aicinvest.com | Pershing LLC/ | |
| RBC Dain Correspondent Services | ||
| 27 | Securian Financial Services Inc. | Pershing LLC |
| securian.com | ||
| 28 | ProEquities Inc. | Pershing LLC |
| proequities.com | ||
| 29 | Investors Capital Corp. | Pershing LLC |
| investorscapital.com | ||
| 30 | Sigma Financial Corp. | First Clearing LLC |
| sigmafinancial.com | ||
| 31 | Associated Securities Corp. | Pershing LLC |
| associatedsecurities.com | ||
| 32 | Securities Service Network Inc. | National Financial Services LLC/ |
| ssnetwork.com | Pershing LLC | |
| 33 | J.P. Turner & Co. LLC | National Financial Services LLC |
| jpturner.com | ||
| 34 | Capital Analysts Inc. | National Financial Services LLC |
| capitalanalysts.com | ||
| 35 | Investacorp Inc. | ADP Clearing/ |
| investacorp.com | Bear Stearns Securities Corp./ | |
| National Financial Services LLC | ||
| 36 | Questar Capital | Pershing LLC |
| questar.com | ||
| 37 | Waterstone Financial Group | Mesirow Financial Holdings Inc./ |
| waterstonefinancialgroup.com | Pershing LLC | |
| 38 | Lincoln Investment Planning Inc. | Pershing LLC |
| lincolninvestment.com | ||
| 39 | Centaurus Financial Inc. | Pershing LLC |
| centaurusfinancial.com | ||
| 40 | Capital Financial Group Inc./H. Beck Inc. | Bear Stearns Securities Corp./ |
| capitalfinancialgroup.net | Pershing LLC | |
| 41 | Transamerica Financial Advisors Inc. | Pershing LLC |
| tfatransamerica.com | ||
| 42 | QA3 Financial Corp. | Pershing LLC |
| qa3.com | ||
| 43 | Berthel Fisher & Company Financial Services Inc. | First Clearing LLC/ |
| berthel.com | National Financial Services Inc. | |
| Pershing LLC | ||
| 44 | American Portfolios Financial Services Inc. | Bear Stearns Securities Corp./ |
| americanportfolios.com | Pershing LLC | |
| 45 | Geneos Wealth Management Inc. | National Financial Services LLC/ |
| geneoswealth.com | Pershing LLC | |
| 46 | Pacific West Financial Group | Pershing LLC/ |
| pwfinancial.com | Wedbush Morgan Securities | |
| 47 | The O.N. Equity Sales Co. | Pershing LLC |
| onesco1.com | ||
| 48 | Sammons Securities Co. LLC | First Clearing LLC |
| sammonssecurities.com | ||
| 49 | LaSalle St. Securities LLC | National Financial Services LLC |
| lasalle-st.com | ||
| 50 | Triad Advisors Inc. | National Financial Services LLC/ |
| triad-advisors.com | Pershing LLC | |
| Firms ranked by gross revenue as of April 2007 | ||
[More: 8 best broker dealers ranked by independent advisors: J.D. Power]
Retirees without an updated plan report nearly 70% moderate-to-high stress – and advisors have room to close the gap.
With one estimate pointing to just a quarter of American adults having a will in place, advisors have an opportunity to audit their books for painful probate court processes just waiting to happen.
Advisors previously with UBS, Edward Jones head for new firms.
Principal Financial Group’s Teresa Hassara shares data showing account balances rising and Roth adoption accelerating.
Trevor Uhls was charged with wire fraud and money laundering in a criminal complaint filed in U.S. District Court for the Western District of Missouri.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
