Investment News on the Nation's Fastest Growing Broker Dealers

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Credit: pexels.com, Mortgage broker and client sealing a deal with a handshake in a bright, modern office.

The nation's fastest growing broker dealers are making waves in the investment world. They're known for their innovative approaches and strong financial performance.

One notable example is LPL Financial, which has seen significant growth in recent years. They've expanded their services to include a wide range of investment products and have a large network of financial advisors.

Another fast-growing broker dealer is Charles Schwab, which has been successful in offering low-cost investment options to its clients. Their focus on client needs has helped them build a loyal customer base.

Their commitment to technology has also been a key factor in their growth, allowing them to provide efficient and effective services to their clients.

See what others are reading: Growth Stock Investing

The Nation's Fastest-Growing

Independent Financial Group, LLC has earned the #5 spot on the list of fastest-growing independent broker-dealers, with a gain of 27% in revenue over 2012.

According to Investment News, the firm ended 2013 with a record $96.6 million in total revenues.

Credit: youtube.com, The 20th Annual Broker-Dealers of the Year

Independent Financial Group has solidified its place in the independent broker-dealer space, delivering on promises made to its reps and being recognized for it among the biggest firms.

IFG's corporate office now supports more than 550 independent registered representatives across the country, empowering them with the technology and tools to meet client needs.

Here are the top 5 fastest-growing independent broker-dealers, based on company revenues reported to Investment News:

Independent Financial Group has been named locally by the San Diego Business Journal as one of San Diego's Fastest-Growing Private Companies for several years, and has received a 9.6 score in REP. Magazine's Independent Broker-Dealer Report Card.

Regulatory History and Rankings

Cadaret, Grant & Company has a significant regulatory history, with The White Law Group reviewing its past actions and decisions.

The firm has been involved in various regulatory issues over the years, including reviews by regulatory bodies.

Cadaret, Grant & Company has also been ranked by regulatory bodies, with The White Law Group noting its regulatory history.

Years

Credit: youtube.com, 2013 Broker-Dealers of the Year: Eric Schwartz, Cambridge Investment Research

In the realm of investment news, the fastest growing broker dealers have been making waves in recent years. Some have been in operation for as little as 5 years, while others have been around for over 20 years.

One notable example is XYZ Broker Dealer, which has been growing at a rate of 20% annually over the past 5 years. This rapid expansion is a testament to the company's innovative approach to the industry.

The longest-established broker dealer on our list is ABC Broker Dealer, which has been in operation for an impressive 25 years. Despite its age, the company has managed to stay ahead of the curve, adapting to changing market trends and regulations.

2010

2010 was a significant year for the firm, marking a return to profitability after a down year.

The great recession of 2008 had left the firm reeling, but it emerged from the downturn and continued to grow through organic recruiting activity.

This growth was a testament to the firm's resilience and ability to adapt to challenging circumstances.

The firm's ability to turn a profit in 2010 was a major milestone, and it paved the way for continued success in the years to come.

2019

Credit: youtube.com, 2019 | A Year in Review

2019 was a big year for the firm. They moved their headquarters to the expanding Fulton Market district of downtown Chicago.

This strategic move likely brought new opportunities for growth and innovation. The area was already known for its vibrant atmosphere and thriving business community.

The firm also received recognition for their achievements, being named to InvestmentNews’ Top Independent Broker-Dealer list.

2020

In 2020, Arete Wealth earned two notable recognitions.

Arete Wealth was selected to InvestmentNews’ Top Independent Broker-Dealer list for the second year in a row.

Arete Wealth was named an “IBD Elite 2020” firm by Financial Planning.

2022

In 2022, Arete Wealth took the top spot as the fastest growing broker-dealer according to Investment News, with a revenue increase of 13.3% from the previous year.

Arete Wealth's impressive growth didn't stop there, as it also jumped 8 places from 2021 to rank 35th on FA Magazine's Independent Broker-Dealer Rankings for 2022.

The top 10 fastest growing independent broker-dealers in 2022, as ranked by Investment News, were a diverse group with varying revenue increases.

A professional consultation at a car dealership involving a sales agent and a customer discussing a vehicle purchase.
Credit: pexels.com, A professional consultation at a car dealership involving a sales agent and a customer discussing a vehicle purchase.

Here are the top 5 fastest growing broker-dealers in 2022, along with their revenue changes from the previous year:

These firms demonstrate the potential for growth and success in the financial industry, and it will be interesting to see how they continue to perform in the future.

Frequently Asked Questions

How do independent broker-dealers make money?

Independent broker-dealers generate revenue through commissions, fees, and revenue sharing from financial products and services. They also earn money from managing client assets and providing services to their advisors.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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