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FP50 2015: The Biggest IBDs

Total revenues of the largest independent broker-dealers range from $102 million to nearly $4.3 billion. Here Financial Planning unveils its annual list of the industry's biggest players based on total revenue.
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FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp41i661r4uncei0t11j8.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp51ku01h0kea6f3k1gcp9.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp6n6c8qp17u51l6c1ag9a.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp71mn1q991bfd1ifq16tjb.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp743r1odf7h88q716mec.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp81ohn1bl51bcf8vc9p7d.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bp91j8h541jep1jn11hk5e.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpaaju1r611kobe2919erf.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpbv0313qp42slnocogg.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpbq6c9121rrg1kjta03h.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpcf9ii7b1rhtpljl3ki.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpdp47cpu52c13m08k3j.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpe1jcf1fatingjd6730k.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpe11ks1ja31s1v1svn1pl7l.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpfjqe19np1qme1b713q7m.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpgagivgn5j1hvu1gohn.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bpg1t609koq56pfh5m6o.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq0bph2901cg3161ptf4s27p.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq5di01q031tnl18c81n30p0u6.jpg

FP50 2015: The Biggest IBDs

Financial Planning unveils its annual list of the industry's biggest independent broker-dealers.
p19ncq5di0tc51u5goj1lk7coj7.jpg

FP50 2015: The Biggest IBDs

21. HD Vest Financial Services
2014 FP50 Rank: 23
Total Revenue: $304,870,811
% Change: 11.59%

22. FSC Securities
2014 FP50 Rank: 19
Total Revenue: $297,346,000
% Change: 6.10%

23. Signator Investors
2014 FP50 Rank: 24
Total Revenue: $294,801,137
% Change: 10.24%

24. First Allied Securities
2014 FP50 Rank: 26
Total Revenue: $294,041,049
% Change: 11.61%

25. Cetera Advisors
2014 FP50 Rank: 27
Total Revenue: $293,861,102
% Change: 12.37%

26. Cetera Financial Institutions
2014 FP50 Rank: 29
Total Revenue: $285,647,531
% Change: 14.84%

27. INVEST Financial
2014 FP50 Rank: 22
Total Revenue: $283,125,000
% Change: 1.79%

28. Transamerica Financial Advisors
2014 FP50 Rank: 25
Total Revenue: $279,895,000
% Change: 4.71%

29. Woodbury Financial Services
2014 FP50 Rank: 28
Total Revenue: $262,306,000
% Change: 4.57%

30. SII Investments
2014 FP50 Rank: 30
Total Revenue: $193,123,000
% Change: 1.87%
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FP50 2015: The Biggest IBDs

31. American Portfolios Financial Services
2014 FP50 Rank: 31
Total Revenue: $179,181,650
% Change: 13.44%

32. Triad Advisors
2014 FP50 Rank: 32
Total Revenue: $177,491,322
% Change: 14.01%

33. Cadaret, Grant
2014 FP50 Rank: 33
Total Revenue: $167,834,137
% Change: 8.73%

34. CUSO Financial Services & Sorrento Pacific Financial
2014 FP50 Rank: 34
Total Revenue: $155,697,238
% Change: 4.90%

35. M Holdings Securities
2014 FP50 Rank: 37
Total Revenue: $153,801,301
% Change: 10.36%

36. Ameritas Investment
2014 FP50 Rank: 36
Total Revenue: $148,200,000
% Change: 2.07%

37. CUNA Brokerage Services
2014 FP50 Rank: 35
Total Revenue: $147,100,000
% Change: -0.20%

38. Centaurus Financial
2014 FP50 Rank: 40
Total Revenue: $134,404,861
% Change: 10.897%

39. NEXT Financial Group
2014 FP50 Rank: 38
Total Revenue: $130,383,880
% Change: 1.96%

40. Cetera Financial Specialists
2014 FP50 Rank: 44
Total Revenue: $129,741,156
% Change: 14.89%
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FP50 2015: The Biggest IBDs

41. H. Beck
2014 FP50 Rank: 39
Total Revenue: $124,935,753
% Change: 2.89%

42. Independent Financial Group
2014 FP50 Rank: 47
Total Revenue: $118,702,202
% Change: 22.87%

43. ProEquities
2014 FP50 Rank: 41
Total Revenue: $118,572,713
% Change: 2.38%

44. Investment Centers of America
2014 FP50 Rank: 43
Total Revenue: $118,221,000
% Change: 4.53%

45. Securities Service Network
2014 FP50 Rank: 42
Total Revenue: $113,290,000
% Change: -0.76%

46. Geneos Wealth Management
2014 FP50 Rank: 46
Total Revenue: $112,735,297
% Change: 7.83%

47. Summit Brokerage Services
2014 FP50 Rank: 51
Total Revenue: $108,000,000
% Change: 22.73%

48. VSR Financial Service
2014 FP50 Rank: 45
Total Revenue: $105,389,758
% Change: -2.68%

49. Questar Capital
2014 FP50 Rank: 48
Total Revenue: $102,283,000
% Change: 9.39%

50. Investors Capital
2014 FP50 Rank: 49
Total Revenue: $101,921,907
% Change: 9.35%
This article originally appeared in Financial Planning.
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