The Ten Fastest Growing Independent Broker-Dealers in 2022
According to Investment News, the following brokerage firms are the top ten fastest growing independent broker-dealers, as of December 2022:
| 1 | Alden Investment Group | 2022 revenue: $18.35 million |
| 2021 revenue: $5.88 million | ||
| Change: 212.1% | ||
| 2 | Prospera Financial Services, Inc. | 2022 revenue: $109.94 million |
| 2021 revenue: $82.01 million | ||
| Change: 34.1% | ||
| 3 | Arkadios Capital | 2022 revenue: $79.13 million |
| 2021 revenue: $60.80 million | ||
| Change: 30.1% | ||
| 4 | Arete Wealth | 2022 revenue: $3.590 billion |
| 2021 revenue: $3.168 billion | ||
| Change: 13.3% | ||
| 5 | Raymond James Financial Services |
2022 revenue: $3.590 billion |
| 2021 revenue: $3.168 billion | ||
| Change: 13.3% | ||
| 6 | LPL Financial | 2022 revenue: $8.6 billion |
| 2021 revenue: $7.72 billion | ||
| Change: 11.4% | ||
| 7 | Northwestern Mutual | 2022 revenue: $2.203 billion |
| 2021 revenue: $2.002 billion | ||
| Change: 10.0% | ||
| 8 | Centaurus Financial, Inc. | 2022 revenue: $202.46 million |
| 2021 revenue: $187.50 million | ||
| Change: 8.0% | ||
| 9 | The Strategic Financial Alliance, Inc. | 2022 revenue: $57.27 million |
| 2021 revenue: $53.22 million | ||
| Change: 7.6% | ||
| 10 | Cambridge Investment Research, Inc. | 2021 revenue: $53.22 million |
| Change: 7.6% | ||
| Change: 7.1% |
To learn more please visit our page: Broker Dealer Reviews
FINRA Arbitration
The Financial Industry Regulatory Authority (FINRA) is the self-regulator of the securities industry. It operates the largest dispute resolution forum in the securities industry. In fact, FINRA Dispute Resolution is the forum for almost all disputes between investors, brokerage firms and individual brokers. This is because the vast majority of brokerage firms have mandatory arbitration clauses in their account agreements that require investors to file their disputes through FINRA.
FINRA Arbitration is a formal alternative to litigation in which two or more parties select a neutral arbitrator to resolve a dispute. It is like going to court, but it is usually faster, cheaper and less complex than litigation. FINRA Arbitration has its own specific rules of procedure and operation, including rules that cover deadlines, discovery, and identification of witnesses. To see learn more, see the FINRA Code of Arbitration Procedure. The White Law Group, FINRA arbitration attorneys, can help you with this process.
If you have questions about investments you made with any of these independent broker-dealers, the securities attorneys of The White Law Group may be able to help. For a free consultation, call the firm’s Chicago office at 888- 637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington. With over 30 years of securities law experience, The White Law Group has the expertise to help investors defrauded by their financial professional.
For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.
