Among the top five large-group brokerages in each state, both large national firms and fierce independent brokerages cream the crop. What they all share is a focused sales strategy and strong commitment to their employees. The list is the latest released by miEdge, a Boston-based consultancy, which determines the top large-group brokerages based on revenue from the Department of Labor schedules of Form 5500 filings.
“The beauty of our rankings is that they are the only rankings that give a level playing field look at [the top advisory firms],” explains Mark Smith, CEO of miEdge. There’s no self-disclosure, he adds, so “there’s no overstatement or understatement; it’s a very clean look at the marketplace by state.”
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