This year, Financial Planning surveyed the industry for the 24th time, and we were surprised and relieved to find most independent broker-dealers going strong-or at least toughing out the downturn. Despite the dramas, the scandals, the shocking losses of the past year, the independent world continues to grow. You'll find the story in our 28-page special report: who's growing, who's slowing, who's selling, and who's setting the pace. Read on, and find out how broker-dealers are really faring in these challenging times.

Total Revenues (PDF)

Payout Grids (PDF)

Reps & Production (PDF)

Commission & Fee-Based Products (PDF)

Corporate Staff (PDF)

Services & Fees

Clients & Accounts (PDF)

Up & Comers

Top 10 Lists

Networks

Explanatory Notes

The PDFs above include the following corrections to the June print edition of Financial Planning magazine:
In the 2009 Broker-Dealer Survey, on page 67, the numbers on lines 16-18 are incorrect. The order should be: Securian Financial Services, Wachovia Securities Financial Network, Cambridge Financial Services; the full details of this correction are online in the B-D Scorecard. On page 80, the Top 10 list for Fee-Based Mix should read: Commonwealth Financial Network (58.0%); Cambridge Investment Research (56.6%); Wachovia Securities Financial Ntwk. (49.2%); Geneos Wealth Management (45.6%); Raymond James Financial Services (38.3%); Royal Alliance Associates (38.0%); LPL Financial (37.3%) Genworth Financial Securities Corp. (37.2%); FSC Securities Corp. (35.7%); Securities America (35.4%). On page 81, the Parent Company revenue for ING should be: $92,508,000,000. On page 84, the CEO/President of FSC Securities Corp. is Mark Schlafly. On page 85, the CEO/President for Invest Financial Corp. is Lynn R. Neidermeier; the CEO/President for Investacorp is Patrick Farrell. On page 87, the CEO/President of SagePoint Financial is Jeff Auld; the recruiter is Gary Bender.