Written by D. Daxton White• May 12, 2011• 8:46 pm• Blog, Securities Fraud Articles

Most Profitable "Indie" Brokerage Firms

The Investment News recently announced the most profitable “indie” brokerage firms. They are as follows:

Rank	Firm	Pre-tax earnings ?
1	LPL Financial LLC	$106,217,515
2	H.D. Vest Financial Services	$41,478,680
3	Crown Capital Securities LP	$30,847,000
4	Axa Advisors LLC	$21,300,000
5	Cambridge Investment Research Inc.	$16,348,415
6	Uvest Financial Services Group Inc.	$9,206,161
7	CUNA Brokerage Services Inc.	$9,100,000
8	Financial Network Investment Corp.	$6,826,000
9	First Allied Securities Inc.	$5,240,654
10	Princor Financial Services Corp.	$3,819,550
11	Sammons Securities Co. LLC	$3,359,877
12	VSR Financial Services Inc.	$3,266,600
13	John Hancock Financial Network	$3,211,000
14	PrimeVest Financial Services Inc.	$2,606,000
15	Summit Brokerage Services Inc.	$2,200,000
16	Kovack Securities Inc.	$1,877,640
17	United Planners Financial Services	$1,852,858
18	Cadaret Grant & Co. Inc.	$1,800,000
19	The O.N. Equity Sales Co.	$1,664,605
20	Next Financial Group Inc.	$1,648,252
21	Multi-Financial Securities Corp.	$1,586,000
22	Financial Telesis Inc.	$863,000
23	Prospera Financial Services Inc.	$848,467
24	Geneos Wealth Management Inc.	$840,355
25	LaSalle St. Securities LLC	$776,587

If you have questions about investments you made with any of these firms, the securities attorneys of The White Law Group may be able to help. To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.

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 Boca Raton, Florida.

For more information on The White Law Group, please visit our website at http://whitesecuritieslaw.com..