DALLAS, Texas, July 17, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Prospera Financial Services is very pleased to be ranked top ten in three categories on InvestmentNews Broker-Dealer Rankings. Each year InvestmentNews gathers information to find exclusive information and intelligence about the independent broker-dealer industry. Prospera Financial placed in the following categories: Highest Paying Broker Dealer or Average payout per rep, per year, Number of reps producing $500k+ a year as a percentage of reps and Number of reps producing $100k - $499k a year as a percentage of reps.
While Prospera is considered a boutique broker dealer it is being ranked against the larger broker dealers in the country. Prospera maintains one of the countries' leading boutique broker dealer practices, with over 138 advisors, and managing over $6 billion in assets under management. Prospera ranked number one in Percentage of advisors producing Greater than $500,000+ with 32.6% and Prospera ranked number six in Number of reps producing $100k - $499k a year as a percentage of reps with 67.4%. Last but not least, Prospera ranked eighth Highest Paying Broker-dealers or average payout per rep, per year with an average annual payout of $363,000.
About InvestmentNews
Since 1998, InvestmentNews has been delivering news and analysis essential to the business of financial advisers. Broker-Dealer Rankings: All 2012-2011 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30th. All financial figures are for firms' year end, unless noted. http://www.investmentnews.com/
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 and 2012. The firm supports Independent Financial Advisors nationwide.
For more information about Prospera visit http://www.joinprospera.com
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/07/prweb12023280.htm