New York, August 26, 2013—Independent investment advisors have spoken, and over 4,000 voters in Investment Advisor magazine’s 23rd annual readers' poll demonstrate that independent contractors value their relationship with the nation’s independent broker-dealers. The 2013 Broker-Dealers of the Year rankings – featured in Investment Advisor’s September issue – list four firms that stand out in an environment of economic uncertainty, new regulation and market volatility that’s challenging the very survival of many independent broker-dealers.
“Despite economic uncertainty and market volatility—and the heavy, expensive hand of regulators—these broker-dealers received the blessing of their reps for their valued partnership in difficult times,” said John Sullivan, Editor-in-Chief of Investment Advisor. “Now, in our 33rd year as The Voice of Independents, there has never been a time when that relationship was so valued – and valuable – as it is today.”
In voting overseen each year since 1991 by Investment Advisor's editorial staff, credentialed voters are asked to rate their own broker-dealers in 15 different categories. The broker-dealers that receive the highest average rating from their representatives are named Broker-Dealers of the Year in four divisions based on their number of producing representatives. In addition, the leaders of the four winning firms constitute a special broker-dealer advisory board at Investment Advisor for the year and are featured in an extensive cover story in the September 2013 issue of the magazine.
The 2013 Broker-Dealers of the year are:
Division IV (more than 1,000 representatives): Cambridge Investment Research
Division III (500 to 999 representatives): Investors Capital Corp.
Division II (200 to 499 representatives): Geneos Wealth Management
Division I (up to 199 representatives): Century Securities
To learn more about the 2013 Broker-Dealers of the Year and to read our special report, click here.
About Investment Advisor
With a circulation of 100,000, Investment Advisor is now in its 33rd year of serving independent and independent-minded investment advisors and financial planners across the United States through its monthly magazine and online at ThinkAdvisor.com. Investment Advisor and ThinkAdvisor.com are part of the ThinkAdvisor Network of Summit Professional Networks, which also includes Research magazine.
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Editor-in-Chief, Investment Advisor