It takes a lot for some of the smaller players to match the growth rates of the industry giants. It may be even harder for the big players to keep up. See which independent B-Ds reported the biggest revenue growth rates from 2013 to 2014.
Note: This story has been updated to reflect an error in the data. 1st Portfolio Wealth Advisors has been removed from the list.
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10. Cetera Financial Specialists
FP50 Rank: 40
Total 2014 Revenue: $129,741,156
Growth: 14.9%
9. Commonwealth Financial Network
FP50 Rank: 4
Total 2014 Revenue: $950,310,266
Growth: 15.60%
8. Raymond James Financial Services
FP50 Rank: 3
Total 2014 Revenue: $1,564,990,000
Growth: 15.80%
7. Waddell & Reed Financial Advisors
FP50 Rank: 12
Total 2014 Revenue: $500,051,871
Growth: 17.40%
6. PlanMember Securities
FP50 Rank: 58
Total 2014 Revenue: $67,158,000
Growth: 17.60%
5. Founders Financial Securities
FP50 Rank: 68
Total 2014 Revenue: $21,398,000
Growth: 19.20%
4. Summit Brokerage Services
FP50 Rank: 47
Total 2014 Revenue: $108,000,000
Growth: 22.70%
3. Independent Financial Group
FP50 Rank: 42
Total 2014 Revenue: $118,702,202
Growth: 22.90%
2. J.W. Cole Financial
FP50 Rank: 56
Total 2014 Revenue: $73,081,106
Growth: 23.40%
1. Cetera Advisor Networks
FP50 Rank: 10
Total 2014 Revenue: $564,822,375
Growth: 29.60%
