IBDs with the largest compliance team
August 29, 2016 3:09 PM
FP50 2016: Which IBDs have the most support to comply with regulations?
Advisers and firms are facing an onslaught of additional compliance requirements with eight months left before the fiduciary rule becomes compulsory. Additionally, more Wall Street-focused regulations are expected to follow the November election. These independent broker-dealers have the most manpower tackling regulatory challenges.
For more in-depth coverage, please seeA shakeout for the nation's-biggest IBDs . Take a deep dive into the data with our list of Top 10 IBDs by revenue growth , the IBDs with the richest accounts and IBDs with the fastest-growing payouts .
Data is as of year-end 2015 and shows the number of compliance professionals a firm has on corporate staff. It does not take into account those that fall under the governance or risk job descriptions.
For more in-depth coverage, please see
Data is as of year-end 2015 and shows the number of compliance professionals a firm has on corporate staff. It does not take into account those that fall under the governance or risk job descriptions.
FP50 2016: Which IBDs have the most support to comply with regulations?
Advisers and firms are facing an onslaught of additional compliance requirements with eight months left before the fiduciary rule becomes compulsory. Additionally, more Wall Street-focused regulations are expected to follow the November election. These independent broker-dealers have the most manpower tackling regulatory challenges.
For more in-depth coverage, please seeA shakeout for the nation's-biggest IBDs . Take a deep dive into the data with our list of Top 10 IBDs by revenue growth , the IBDs with the richest accounts and IBDs with the fastest-growing payouts .
Data is as of year-end 2015.
For more in-depth coverage, please see
Data is as of year-end 2015.
10. Waddell & Reed Financial Advisors
FP50 Rank: 11
Compliance Staff: 54
Compliance Staff: 54
9. Commonwealth Financial Network
FP50 Rank: 4
Compliance Staff: 65
Compliance Staff: 65
8. Securities America
FP50 Rank: 10
Compliance Staff: 91
Compliance Staff: 91
7. Northwestern Mutual Investment Services
FP50 Rank: 6
Compliance Staff: 92
Compliance Staff: 92
6. FSC Securities
FP50 Rank: 24
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
5. Woodbury Financial
FP50 Rank: 27
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
4. SagePoint Financial
FP50 Rank: 20
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
3. Royal Alliance Associates
FP50 Rank: 12
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
Compliance Staff: 128
(Note: This firm is a member of the Advisor Group network of broker-dealers, which shares 128 compliance staff.)
2. Raymond James Financial Services
FP50 Rank: 3
Compliance Staff: 195
Compliance Staff: 195
1. LPL Financial
FP50 Rank: 1
Compliance Staff: 584
Compliance Staff: 584
