| Rank | Name of company | 2009 total account assets |
|---|---|---|
| 1 | LPL Financial, a unit of LPL Investment Holdings Inc. | $257,704,362,757 |
| 2 | Ameriprise Financial Services Inc. | $218,338,000,000 |
| 3 | Raymond James Financial Services Inc. | $118,161,933,000 |
| 4 | Northwestern Mutual | $61,098,800,000 |
| 5 | MetLife Securities Inc., a unit of MetLife Broker-Dealer Group | $55,206,972,588 |
| 6 | Securities America Inc. | $53,000,000,000 |
| 7 | Commonwealth Financial Network | $51,519,867,215 |
| 8 | Royal Alliance Associates Inc., a unit of Advisor Group | $41,327,000,000 |
| 9 | Financial Network Investment Corp., a unit of Cetera Financial Group | $39,294,000,000 |
| 10 | NFP Securities | $38,072,492,810 |
| Want the full slate of InvestmentNews' exclusive independent broker-dealer info? For an expanded set of our B-D data, please contact Kristen Hensley at [email protected] or 212-210-0451. | ||
| Rank | Name of company | Total account assets % change, 2008-2009 | Actual 2009 total account assets | Total account assets % change, 2007-2008 | Total account assets % change, 2006-2007 |
|---|---|---|---|---|---|
| 1 | Securities Service Network Inc. | 74.77% | $4,286,438,000 | -18.61% | N/A |
| 2 | United Planners Financial Services | 73.06% | $6,230,000,000 | 28.00% | N/A |
| 3 | Securities America Inc. | 65.63% | $53,000,000,000 | -27.27% | 7.32% |
| 4 | Transamerica Financial Advisors Inc. | 63.30% | $17,800,000,000 | N/A | 40.00% |
| 5 | New England Securities Inc., a unit of MetLife Broker-Dealer Group | 58.95% | $25,124,717,576 | N/A | N/A |
| 6 | Wells Fargo Advisors Financial Network | 56.52% | $36,000,000,000 | N/A | N/A |
| 7 | Questar Capital Corp. | 53.33% | $4,600,000,000 | N/A | N/A |
| 8 | Kovack Securities Inc. | 51.41% | $2,626,300,000 | N/A | N/A |
| 9 | MetLife Securities Inc., a unit of MetLife Broker-Dealer Group | 45.51% | $55,206,972,588 | N/A | N/A |
| 10 | Next Financial Group Inc. | 45.47% | $11,351,762,664 | N/A | 30.48% |
Want the full slate of InvestmentNews' exclusive independent broker-dealer info? For an expanded set of our B-D data, please contact Kristen Hensley at [email protected] or 212-210-0451. | |||||
Retirement plan clients may not grasp what fiduciary duties they keep when joining a PEP.
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