Clearing Firms
Click column headers to sort fields
| Clearing firms | 2010 - B-D clients* | 1Yr % change | 2Yr % change | 2009 - B-D clients** | 2008 - B-D clients*** |
|---|---|---|---|---|---|
| Pershing LLC | 60 |
15% |
46% |
52 |
41 |
| National Financial Services LLC | 24 |
14% |
33% |
21 |
18 |
| First Clearing LLC | 8 |
0% |
0% |
8 |
8 |
| Self | 3 |
0% |
-25% |
3 |
4 |
| RBC Dain | 3 |
50% |
50% |
2 |
2 |
| Legent Clearing LLC | 50% |
200% |
2 |
1 |
|
| Raymond James & Associates Inc. | 2 |
100% |
100% |
1 |
1 |
| Southwest Securities | 2 |
0% |
100% |
2 |
1 |
| J.P. Morgan Clearing Corp. | 2 |
-33.3% |
0% |
3 |
2 |
| Wedbush Securities | 2 |
0% |
0% |
2 |
2 |
| LPL Financial | 1 |
0% |
0% |
1 |
1 |
| optionsXpress | 1 |
0% |
- |
1 |
0 |
| The Charles Schwab Corp. | 1 |
- |
- |
0 |
0 |
| Wells Fargo Investments LLC | 1 |
0% |
0% |
1 |
1 |
| Fortis Clearing America LLC | 1 |
- |
- |
0 |
0 |
| View chart here. * Based on the 2010 InvestmentNews independent broker-dealer survey. Ninety independent broker-dealers responded to this year's survey. ** Based on the 2009 InvestmentNews independent broker-dealer survey. Ninety independent broker-dealers responded to this year's survey. *** Based on the 2008 InvestmentNews independent broker-dealer survey. Ninety-two independent broker-dealers responded to this year's survey. Want more of InvestmentNews' exclusive independent broker-dealer info? For an expanded set of our B-D profiles--which includes contact information, plus historical analysis of B-D's individual recruiting behaviors and use of custodians--please contact Kristen Hensley at [email protected] or 212-210-0451. | |||||
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
