Work on the Broker-Dealers of the Year officially starts in March when we begin collecting performance information from firms for our Broker-Dealer Reference Guide. The firms vetted for the Guide are eligible to be nominated as the best broker-dealer in their division.
Ballots go out in June and the long process of vetting votes begins. This year, we received 1,514 votes. Of those, 72 had to be rejected because they were duplicates, the rep’s CRD number or name was invalid or wasn’t found on BrokerCheck, or the firm being nominated didn’t participate in the Guide.
Of the 51 BDs in the June Reference Guide, 28 had reps nominate them in the poll, 13 of which were disqualified because less than 10% of their rep force voted.