| Rank | Firm | Website | Head of RIA custody business | # of clients | % change vs. 2011 | Assets under custody ($M) | % change vs. 2011 | Min. assets of advisers |
|---|---|---|---|---|---|---|---|---|
| 1 | Schwab Advisor Services* | schwabadvisorcenter.com | Bernie Clark, EVP, head of Schwab Advisor Services | 7000 | 0.0% | $735,000.0 | 5.3% | None |
| 2 | TD Ameritrade Institutional* | tdainstitutional.com | Thomas Nally, president | 4500 | 0.0% | N/D | N/A | None |
| 3 | Fidelity Institutional Wealth Services | fiws.fidelity.com | Michael Durbin, president | 3,300 | 0.0% | $553,200.0 | 6.1% | $15 million (new advisers); $10 million (RIAs) |
| 4 | Trade-PMR Inc. | tradepmr.com | Robb W. Baldwin, president, CEO | 1,230 | 24.9% | N/D | N/A | None |
| 5 | Scottrade Advisor Services | advisor.scottrade.com | Brian A. Davis, director | 1,100 | 20.2% | N/D | N/A | None |
| 6 | Shareholders Service Group | ssginstitutional.com | Peter Mangan, president, CEO | 975 | 8.3% | N/D | N/A | None |
| 7 | Pershing Advisor Solutions | pershing.com/ria | Mark Tibergien, CEO | 525 | -20.2% | $100,200.0 | 10.4% | $100 million |
| 8 | Folio Institutional | folioinstitutional.com | Greg Vigrass, president, CEO | 377 | 7.7% | N/D | N/A | None |
| 9 | Raymond James Financial Services, Investment Advisors Division | advisorchoice.com/ria | Bill Van Law, president | 275 | 25.0% | $7,200.0 | 11.3% | $50 million |
| 10 | LPL Financial LLC** | joinlpl.com | Matthew Enyedi, senior vice president of RIA services | 152 | 18.8% | $27,081.02 | 38.0% | $10 million |
| 11 | National Advisors Trust Co. | nationaladvisorstrust.com | Kevin Hobbs, vice president of operations | 139 | 1.5% | $7,469.9 | 0.0% | None |
| 12 | Trust Co. of America | trustamerica.com | David Barry, CEO | 136 | -1.4% | $10,000.0 | -2.0% | None |
| 13 | RBC Advisor Services | rbc-as.com | Catie Tobin, head of RBC correspondent and adviser services | 90 | 9.8% | $10,400.0 | 2.0% | $100 million |
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