The purpose of this research is to provide readers with a comprehensive understanding of the other national brokerage firms, a handful of full-service brokerage firms that are emerging quickly, including Edward Jones & Company, JP Morgan Chase & Company, Citigroup, Rockefeller Capital Management, Ameriprise Financial (Employee Model), Raymond James Financial (Raymond James & Associates) (Employee Model), Stifel Financial Group (Stifel, Nicolaus, & Company), LPL Financial Holdings (Employee Model), & Oppenheimer & Company. This research is part of Tiburon's coverage of full-service brokerage firms and its broader coverage of wealth management firms.
Market Segments
This research defines the other national brokerage firms, including:
- Edward Jones & Company
- Ameriprise Financial (Employee Model)
- Raymond James Financial (Raymond James & Associates) (Employee Model)
- Stifel Financial Group (Stifel, Nicolaus, & Company)
- LPL Financial Holdings (Employee Model)
- Oppenheimer & Company
- Citigroup (Citigroup Global Markets)
- JP Morgan Chase & Company (JP Morgan Securities)
- Benjamin Edwards & Company
Future Predictions
And this research makes several future predictions for the other national brokerage firms, including:
- Moderate Growth in Financial Advisors, Assets Under Management & Administration, and Net New Assets Under Management & Administration
- Fastest Growth for Edward Jones & Company
- Increased But Laggard Movement Towards Managed Account Programs
- Continual Allowance for Varied Business Practices