FP50 2015: Which IBDs Have the Richest Accounts?

Some of the independent B-Ds specialize in high-end clients with big accounts. See which firms reported the highest share of accounts topping $100,000 -- and what their total client assets are. Data is as of year-end 2014; scroll through to see the list or click here to see a slideshow version.

Read the full story: FP50: New Ways to Get Huge

10. Berthel Fisher Financial Services
FP50 Rank: 59
Total Client Assets: $8,120,000,000
Accounts > $100k: 20%

9. HD Vest Financial Services
FP50 Rank: 21
Total Client Assets: $37,132,756,957
Accounts > $100k: 23%

8. Commonwealth Financial Network
FP50 Rank: 4
Total Client Assets: $96,786,000,000
Accounts > $100k: 27%

7. Raymond James Financial Services
FP50 Rank: 3
Total Client Assets: $204,810,000,000
Accounts > $100k: 32%

6. Northwestern Mutual
FP50 Rank: 7
Total Client Assets: $58,192,260,000
Accounts > $100k: 34%

5. Cadaret, Grant
FP50 Rank: 33
Total Client Assets: $7,865,372,035
Accounts > $100k: 36%

4. American Portfolios Financial Services
FP50 Rank: 31
Total Client Assets: $21,864,650,453
Accounts > $100k: 39%

3. Kovack Securities
FP50 Rank: 62
Total Client Assets: $6,021,330,777
Accounts > $100k: 47%

2. Larson Financial
FP50 Rank: 67
Total Client Assets: $792,615,000
Accounts > $100k: 80%

1. Waddell & Reed Financial Advisors
FP50 Rank: 12
Total Client Assets: $51,352,015,371
Accounts > $100k: 82%