IN THE NEWS

Prospera Financial Services Takes #3 Spot Among Broker-Dealers for Gross Production Per Advisor

Posted by Prospera Financial on June 16, 2017

Prospera Financial Services, Inc. (Prospera) is pleased to be ranked among the top 5 of independent broker-dealers within 2 categories in Investment Advisor Magazine.

DALLAS, June 16, 2017 /PRNewswire/ — Prospera, a privately held company, is a Texas based financial firm founded in 1982 as a full-service, boutique broker-dealer and support organization for successful independent Financial Professionals across the country.

Each year, Investment Advisor gathers information to rank the country’s Top 10 broker-dealers. The 2017 rankings are based upon 2016 data using various metrics. This year, Prospera Financial has ranked high in the following categories: Average Annual Gross Production Per Advisor and Broker-Dealers by Ratio of Reps to Home Office Staff.

While Prospera is considered a boutique broker-dealer, it has still made its place in the rankings alongside larger broker-dealers in the country. With over 138 advisors, and over 7 billion in assets under management, Prospera took the #3 spot among broker-dealers by average annual gross production per advisor, and #5 for its ratio of reps to home-office staff. Placing Prospera in these rankings are the firm’s average annual gross production per advisor of $464,000 and a 2.8:1 ratio of reps to home office staff.

About Investment Advisor

Since 1980, independent and independent-minded advisors have turned to Investment Advisor for the unbiased news, information, and analysis that they need to grow and run their practices and to provide the best investment advisory and financial planning choices for their clients. Whether it’s wealth management, alternative investments, retirement planning, technology, or practice management, and whether the advisor is a broker/dealer rep or an independent RIA, Investment Advisor remains the leading media valued partner in helping that advisor become and remain successful. Investment Advisor

About Prospera Financial Services

Founded in 1982, Prospera Financial Services, member FINRA/SIPC and a registered investment advisory, offers the flexibility and resources only found at some of the nation’s largest broker-dealers. Headquartered in Dallas, TX, Prospera was named Broker-Dealer of the Year by Investment Advisor Magazine in 2009, 2010, 2012, 2014 and 2015. The firm supports Independent Financial Advisors nationwide. For more information about Prospera, visit http://www.joinprospera.com/.

Media Contact:

Tarah Mattia Carlow
Senior Vice President, Marketing and Advisor Loyalty
Prospera Financial Services, Inc.
(972) 581-3015
Tarah.Carlow@ProsperaFinancial.com
www.joinprospera.com

Recommended Resources