Based on 2018 revenue data, we have compiled a list of the top 5 broker dealers/networks for 2019, and the usual suspects dominated the top of the list once again. LPL Financial, Ameriprise Financial Services and Raymond James were first, second and third, respectively, which mimics 2018 rankings exactly. Cetera Financial Group and Advisor Group's member firms combined revenues bring them into the fourth and fifth positions.
As we looked at the 2019 standings, we almost had to do a double take. Were we looking at 2019's leading broker dealers, or the IFS client list? In fact, four of the top five BDs/networks have chosen IFS as their partner to transform their brokerage operations with our wealth management workflow and operational automation solutions. We have worked with these firms on a variety of exciting projects, including:
- Creation of a fully digital onboarding platform
- Automation and workflow for dozens of asset movement transactions
- Development of client portals that connect advisors and clients from the onboarding process through ongoing account management
What an honor it is to work with most of the largest brokerage organizations as they transform onboarding, asset movement and more! We envision a day in the very near future when all of the top firms are IFS clients, and we firmly believe this will revolutionize the entire industry and beyond. Interested in learning more about why the leading broker dealers are choosing IFS time and time again, and how we can bring ROI, new and increased efficiencies and better client and advisor experiences to your firm? Click here to schedule your free consultation.