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The Top 20 Biggest Indies

A list of the biggest independent b/d firms by number of reps.

Firm: Producing Reps Average Payout Recruiting Executive Clearing Firm Parent Co
Linsco/Private Ledger
San Diego, CA, 858-450-9606
10,588 $290, 200 Bill Morrissey Linsco/Private Ledger Corp., Pershing LPL Holdings Inc.
HD Vest Financial Services
Irving, TX, 800-742-7950
5,141 $39.975 LuAnn Colosimo WFI Wells Fargo & Company
Raymond James Financial Services
St. Petersburg, FL., 800-998-7537
3,067 315,959 Bill Van Law Raymond James & Associates Raymond James Financial
Financial Network Investment Corp.
El Segundo, CA, 800-879-8100
2,400 129,400 Cheryl Chiara Pershing ING
Lincoln Financial Advisors Corp.
Fort Wayne, IN, 800-237-3813
2,390 146,030 Robert Dineen National Financial Services Lincoln Financial Group
ING Financial Partners
Des Moines, IA, 800-356-2906
2,200 $93,400 Bonnie Reed Pershing ING
PrimeVest Financial Services
St. Cloud, MN, 800-245-0467
1,900 219,00 Sean Casey PrimeVest ING
Royal Alliance Associates
New York, NY, 800-821-5100
1,889 174,697 Gary Bender Pershing AIG
AIG Financial Advisors
Phoenix, AZ, 866-GOAIGFA
1,798 131,562 Jim Cannon Pershing AIG
Securities America
Omaha, NE, 800-989-8441
1,741 259,000 Gregg Johnson National Financial Services, Pershing Ameriprise
St. Petersburg, FL, 800-322-7161
1,473 90,000 Chad Schaser Pershing AEGON USA
Securian Financial Services
St. Paul, MN, 888-237-1838
1,682 35,325 George Connolly Pershing Securian Financial Group
Invest Financial Corp.
Tampa, Fl, 800-245-4732
1,410 189,756 Lynn Niedermeier National Financial Services, Pershing National Planning Holding
Walnut Street Securities
St. Louis, MO, 877-WALNUT 1
1,396 107,091 Craig Markham Pershing MetLife
FSC Securities Corp.
Atlanta, GA, 800-547-2382
1,273 174,328 Tim O'Rourke Pershing AIG
National Planning Corp.
Santa Monica, CA, 888-711-6720
1,214 178,747 Scott Romine Pershing National Planning Holdings
Cambridge Investment Research, Inc.
Fairfield, IA, 800-777-6080
1,121 189,000 Steve O'Neill National Financial Services, Pershing Cambridge Investment Research, Inc.
Equity Services
Montpelier, VT, 800-344-7437
1,179 28,500 Kenneth Ehinger National Financial Services National Life Group
Commonwealth Financial Network
Waltham, MA, 800-462-3638
1,162 317,000 Janice Hart, Andrew Daniels National Financial Services Commonwealth Financial Network
NFP Securities
Austin, TX, 512-697-6000
1,191 249,394 Jeff Montgomery National Financial Services, Pershing National Financial Partners Corp.
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