Ameriprise Financial

Peter Danilaitis worked at Home Depot almost a dozen years ago. Building on that experience, he's become one of the top leaders in wealth management.

These independent broker-dealers generated the most revenue from commission-based accounts.

Plus, Benjamin F. Edwards and Ameriprise each add recruits with more than $600M in combined AUM, and Morgan loses a $500M group.

See which independent broker-dealers generated the most revenue from fee-based accounts.

See which independent broker-dealers have the highest revenue.

Net revenues fell 2% in the second quarter compared to a year ago, according to the firm.

Recent market and economic headwinds have dampened growth at all three firms, which have been striving to grow through recruiting and acquisition deals.