Securities Brokerages
Industry Description
The securities brokerage industry in the US includes about 7,500 companies with combined annual revenue of about $145 billion. Major companies include Charles Schwab, Edward Jones, and brokerage units of large financial services companies such as Morgan Stanley, Goldman Sachs, and Citigroup. The industry is highly concentrated: the top 50 companies account for more than 80 percent of revenue.
SIC: 6099, 6211
NAICS: 523120, 523130
NAICS: 523120, 523130
Related Industries:
Financial Planners & Investment Advisers, Mutual Fund Management, Hedge Fund Management, Investment Banking, Banks & Credit UnionsTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| BUSINESS-FINANCE OOO | 109,005.77M | Moscow, Russia |
| INTL FCStone Inc. | 75,497.60M | New York, NY |
| GLENCORE UK LTD. | 45,707.70M | London, England |
| CITIC Group | 39,900.75M | Central District, Hk |
| Bright Smart Securities & Commodities Group Limited | 24,165.12M | Central District, Hong Kong |
Trends
Expansion of Electronic Trading - Securities trading over electronic networks has increased rapidly in...
Industry Indicator
The bank prime loan rate, a driver for consumer investment in financial products with lower risk than securities, remains at 3.25 percent as of the week of January 13, 2012, unchanged from the same week in 2011.
Quarterly Industry Update
MF Global Crisis Spurs Scrutiny - The collapse of MF Global amid allegations that the firm misused client money in 2011 has prompted regulators to re-examine rules for brokerage firms. As...


