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Fastest Growing Independent Broker-Dealers

Fastest Growing Independent Broker-Dealers featured by top securities fraud attorneys, the White Law Group

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.

Tags: , , , , , , , , , Last modified: November 13, 2023