According to a study by Cerulli Associates, only 18.1 percent of financial advisors are women. Listed below are the independent broker-dealers outpacing the industry regarding hiring and retaining female registered reps, as reflected in 2021 data.
- Kovack Securitites Inc.
- 36.9% are female reps
- 155 female reps out of 420 reps
- Advisor Group
- 33.4.1% are female reps
- 4,651 female reps out of 13,937 reps
- Raymond James Financial Services Inc.
- 29.5% are female reps
- 1,998 female reps out of 6,767 reps
- J.W. Cole Financial Inc.
- 29.1% are female reps
- 166 female reps out of 571 reps
- The Strategic Financial Alliance Inc.
- 27.7% are female reps
- 38 female reps out of 137 reps
- Trutoro (formerly known as Vertias Independent Partners)
- 26.7% are female reps
- 8 female reps out of 30 reps
- Amertias Investment Co./Amertias Advisory Services
- 24.8% are female reps
- 264 female reps out of 1,064 reps
- Cambridge Investment Research Inc. (Tied for 8)
- 24.6% are female reps
- 1,129 female reps out of 4,589 reps
- Cutter & Co. Inc. (Tied for 8)
- 24.6% are female reps
- 14 female reps out of 57 reps
10. The Investment Center Inc.
- 24.1% are female reps
- 71 female reps out of 295 reps
Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.
