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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Eric Schwartz

FP50 top ranked independent broker-dealers, by revenue

Posted by RJ and Makay on Jun 21, 2011

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After two years of stagnant or shrinking revenues, the 50 largest independent broker-dealers reported a rebound in their annual revenues last year, according to Financial Planning magazine.  A robust stock market and strong demand for mutual funds, annuities and other products saw a median increase of 13.2% in 2010 revenues. 13 of the top 50 firms posted year-to-year revenue growth of over 20%.