May 12, 2011 Comments (0) Blog, Securities Fraud

Most Profitable "Indie" Brokerage Firms

The Investment News recently announced the most profitable “indie” brokerage firms.  They are as follows:

Rank Firm Pre-tax earnings ▼
1 LPL Financial LLC $106,217,515
2 H.D. Vest Financial Services $41,478,680
3 Crown Capital Securities LP $30,847,000
4 Axa Advisors LLC $21,300,000
5 Cambridge Investment Research Inc. $16,348,415
6 Uvest Financial Services Group Inc. $9,206,161
7 CUNA Brokerage Services Inc. $9,100,000
8 Financial Network Investment Corp. $6,826,000
9 First Allied Securities Inc. $5,240,654
10 Princor Financial Services Corp. $3,819,550
11 Sammons Securities Co. LLC $3,359,877
12 VSR Financial Services Inc. $3,266,600
13 John Hancock Financial Network $3,211,000
14 PrimeVest Financial Services Inc. $2,606,000
15 Summit Brokerage Services Inc. $2,200,000
16 Kovack Securities Inc. $1,877,640
17 United Planners Financial Services $1,852,858
18 Cadaret Grant & Co. Inc. $1,800,000
19 The O.N. Equity Sales Co. $1,664,605
20 Next Financial Group Inc. $1,648,252
21 Multi-Financial Securities Corp. $1,586,000
22 Financial Telesis Inc. $863,000
23 Prospera Financial Services Inc. $848,467
24 Geneos Wealth Management Inc. $840,355
25 LaSalle St. Securities LLC $776,587


If you have questions about investments you made with any of these firms, the securities attorneys of The White Law Group may be able to help. To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit our website at


Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.