DALLAS, June 16, 2017 /PRNewswire/ -- Prospera Financial Services, Inc. (Prospera) is pleased to be ranked among the top 5 of independent broker-dealers within 2 categories in Investment Advisor Magazine. Prospera, a privately held company, is a Texas based financial firm founded in 1982 as a full-service, boutique broker-dealer and support organization for successful independent Financial Professionals across the country.
Each year, Investment Advisor gathers information to rank the country's Top 10 broker-dealers. The 2017 rankings are based upon 2016 data using various metrics. This year, Prospera Financial has ranked high in the following categories: Average Annual Gross Production Per Advisor and Broker-Dealers by Ratio of Reps to Home Office Staff.
While Prospera is considered a boutique broker-dealer, it has still made its place in the rankings alongside larger broker-dealers in the country. With over 138 advisors, and over 7 billion in assets under management, Prospera took the #3 spot among broker-dealers by average annual gross production per advisor, and #5 for its ratio of reps to home-office staff. Placing Prospera in these rankings are the firm's average annual gross production per advisor of $464,000 and a 2.8:1 ratio of reps to home office staff.
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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, 2012, 2014 and 2015. The firm supports Independent Financial Advisors nationwide. For more information about Prospera, visit http://www.joinprospera.com/.
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SOURCE Prospera Financial Services, Inc.