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]
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As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
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