| Firm | Website | Head of RIA custody business | 2015 # of clients | % change vs. 2014 | Assets under custody ($M) | % change vs. 2014 | Minimum assets of advisers |
|---|---|---|---|---|---|---|---|
| Schwab Advisor Services | http://www.advisorservices.schwab.com | Bernie Clark (Executive vice president and head) | 7,100 | 1.4% | $1,136,500.0 | 5.1% | N/D |
| TD Ameritrade Institutional | http://www.tdainstitutional.com | Thomas Nally (President) | 5,000 | 11.1% | N/D | N/A | N/A |
| Interactive Brokers | http://www.interactivebrokers.com | Andrea Nagy (Sales engineer) | 2,909 | 20.0% | $10,800.0 | 20.0% | None |
| Shareholders Service Group | http://www.ssginstitutional.com | Peter Mangan (CEO) | 1,411 | 12.4% | N/D | N/A | None |
| Trade-PMR Inc. | http://www.tradepmr.com | Robb W. Baldwin (President, CEO) | 1,132 | -25.8% | N/D | N/A | None |
| Scottrade Advisor Services | http://advisor.scottrade.com | Brian Stimpfl (Senior Vice President, Scottrade Advisor Services) | 1,000 | -9.1% | N/D | N/A | None |
| Pershing Advisors Solutions | http://www.pershing.com/who-we-serve/registered-investment-advisors | Mark Tibergien (CEO) | 591 | 5.2% | $168,500.0 | 17.3% | $100M |
| Folio Institutional | http://www.folioinstitutional.com | Greg Vigrass (President, Folio Institutional) | 407 | 25.2% | N/D | N/A | None |
| LPL Financial | http://www.joinlpl.com | Matthew Enyedi (SVP RIA Services) | 342 | 21.3% | $105,000.0 | 34.6% | None |
| U.S. Bank | http://www.usbank.com/itc | Alan M Markarian (Senior Vice President) | 230 | 15.0% | $73,000.0 | 7.4% | $100,000 |
| Trust Company of America | http://www.trustamerica.com | Joshua Pace (President, CEO) | 210 | 6.1% | $13,600.0 | 1.5% | None |
| National Advisors Trust Co. | http://www.nationaladvisorstrust.com | James A. Combs (CEO) | 179 | 9.8% | $9,970.9 | 4.6% | None |
| RBC Advisor Services | http://www.rbc-as.com | Catie Tobin (Head of RBC Correspondent & Advisor Services) | 96 | -2.0% | $13,550.0 | 4.2% | $50M |
| National Financial Services Fidelity Clearing and Custody* | http://fiws.fidelity.com | Bob Oros (Executive Vice President, Head of RIA Segment) | N/D | N/A | N/D | N/A | N/A |
| Firm | Web site | # of clients | % change | Contact(s) | Phone | |
|---|---|---|---|---|---|---|
| Pershing | https://www.pershing.com/who-we-serve/broker-dealers | 772 | -4.8% | Michael Row (Managing director) | http://www.pershing.com/contact/ | |
| RBC Correspondent Services | http://www.rbc-cs.com | 180 | 0.0% | Greg Plifka (Director of Business Development) | (888) 524-9800 | [email protected] |
| Merrill Lynch Professional Clearing Corp. & Broadcort | http://www.broadcort.com | 143 | -17.3% | Gary Yetman (Managing director at MLPro); Anthony Vella (Director of Sales) | (646) 743-1222/646-743-0955 | [email protected]/[email protected] |
| Southwest Securities Inc. | http://www.swst.com | 135 | -6.9% | Lana Calton (Head of Clearing Services) | (214) 859-9228 | [email protected] |
| Wedbush Securities Inc. | http://www.wedbush.com | 120 | 0.0% | Sean Thompson (Senior Vice President, Advanced Clearing Services) | (213) 688-4567 | [email protected] |
| Apex Clearing Corp. | http://www.apexclearing.com | 100 | 25.0% | Todd Shroeder (Head of Sales) | (214) 765-1010 | [email protected] |
| COR Clearing | http://www.corclearing.com | 100 | -4.8% | Roy DiMaria (Director Business Development) | 732-635-2496 | [email protected] |
| Sterne Agee Clearing Inc. | http://www.sterneagee.com | 80 | -8.0% | Damon B Joyner (President, CEO); Patricia A Jamison (Chief Operating Officer) | (205) 271-6208/(205) 776-2917 | [email protected]/[email protected] |
| First Clearing | http://www.firstclearing.com | 77 | -3.8% | David L. Williams (Managing Director) | (888) 322-2532 | [email protected] |
| Goldman Sachs Execution & Clearing | http://www.goldmansachs.com | 75 | -17.6% | Kyle Czepiel (Managing director) | (212) 357-2802 | [email protected] |
| Raymond James & Associates Inc. | http://www.raymondjamesclearing.com | 40 | 8.1% | Robb Combs (Director of Correspondent Services) | (727) 567-3990 | [email protected] |
| LPL Financial | http://www.lpl.com | 6 | 0.0% | Arthur Osman (Executive vice president, clearing services) | (704) 733-3300 ext. 3852 | [email protected] |
| National Financial Services Fidelity Clearing and Custody | http://www.nationalfinancial.com | N/D | N/A | Dave Brown (Senior Vice President, National Sales Manager); Sanjiv Mirchandani (President, Fidelity Clearing and Custody | (212) 335-5064 | [email protected] |
Thrivent Investment Management Inc. in May fired Nicholas Hale, according to his BrokerCheck profile.
About 70 bank and credit union advisors move to the Raymond James platform, while a $480M New Jersey team goes independent with LPL
The best tax plan asks not only how much a client could save, but what they would have to give up to save it.
A 20-year financial services veteran brings values-driven planning expertise to the St. Louis-based RIA.
New research shows a 71% plunge in actions in fiscal year 2026, with total settlements the lowest since the database began.
Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
