To see a bright spot among the nation's top independent broker-dealers, check out last year's growth in client assets under management. Although the revenues of the FP50 as a group fell more than 2% last year, in excess of the drop following the Great Recession, the vast majority of firms still managed to add client assets.
According to data tracked by Financial Planning’s
exclusive annual FP50 survey, just three firms saw their assets drop.
For more in-depth coverage, please see A case for optimism.
Take a deep dive into the data with our list of Top IBDs by revenue growth.
And to see which firms have the highest share of accounts topping $100,000, see Which IBDs have the biggest client accounts?
Data is of year-end 2016.