The largest clearing firms for broker-dealers
Ranked by number of B-D clients Firm Main…
Ranked by number of B-D clients
| Firm | Main phone | Website | B-D clients | % chg. vs. 2010 | |
|---|---|---|---|---|---|
| 1 | Pershing LLC | (201) 413-1000 | pershing.com | 836* | 5.3% |
| 2 | Penson Worldwide Inc. | (214) 765-1100 | penson.com | 437 | 10.1% |
| 3 | National Financial Services LLC | (877) 262-5950 | nationalfinancial.com | 267 | -11.3% |
| 4 | Broadcort & Merrill Lynch Professional Clearing Corp. | (800) 246-0561 | broadcort.com | 255 | 13.8% |
| 5 | J.P. Morgan Clearing Corp. | (212) 552-1765 | jpmorgan.com/bds | 211 | 5.5% |
| 6 | Goldman Sachs Execution and Clearing LP | (212) 357-2266 | gsec.com | 175 | -34.0% |
| 7 | RBC Correspondent Services | (612) 371-7776 | rbc-cs.com | 170 | 0.0% |
| 8 | Southwest Securities Inc. | (877) 797-6613 | swsclearing.com | 165 | -9.8% |
| 9 | Wedbush Securities Inc. | (213) 688-8000 | wedbush.com | 160 | 0.0% |
| 10 | Sterne Agee Clearing Inc. | (561) 368-4355 | sterneagee.com | 110 | 0.0% |
| 11 | First Clearing LLC | (888) 322-2532 | firstclearing.com | 93 | -13.9% |
| 12 | Mesirow Financial Inc. | (312) 595-6000 | mesirowfinancial.com | 85 | 0.0% |
| 13 | Legent Clearing LLC | (877) 877-0217 | legentclearing.com | 80 | 0.0% |
| 14 | FirstSouthwest Co. | (800) 678-3792 | firstswclearing.com | 75 | 0.0% |
| 15 | Raymond James & Associates Inc. | (727) 567-3990 | raymondjames.com/clearing | 38 | 0.0% |
| As of June 30. *Number of B-D clients for Pershing LLC includes introducing broker-dealer firms that transitioned from Jefferies & Co. Inc. Source: InvestmentNews | |||||
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