Clearing firms ranked by broker-dealers served
Firm Address City, State Zip Phone Website # of clients % change Primary contact for B-Ds Phone/ e-mail…
| Firm | Address | City, State Zip | Phone | Website | # of clients | % change | Primary contact for B-Ds | Phone/ e-mail |
|---|---|---|---|---|---|---|---|---|
| Pershing LLC | 1 Pershing Plaza | Jersey City, NJ 07399 | (201) 413-2000 | pershing.com | 811 | -3.3% | Michael B. Row (Managing director) | [email protected] |
| National Financial Services LLC | 200 Seaport Blvd. | Boston, MA 02210 | (877) 262-5950 | nationalfinancial.com | 253 | -2.7% | Dave Brown (Senior Vice President, National Sales Manager) | [email protected]; (212) 335-5064 |
| Merrill Lynch Professional Clearing Corp. & Broadcort | 1 Bryant Park | New York, NY 10036 | (800) 246-0561 | broadcort.com | 201 | -13.0% | Gary Yetman (managing director at MLPro); Anthony Vella (Director of Sales) | [email protected]; (646) 743-1222 |
| RBC Correspondent Services | 60 S. Sixth St. | Minneapolis, MN 55402 | (888) 462-1816 | rbc-cs.com | 180 | 0.0% | Noel Stave (Director) | [email protected]; (612) 373-1761 |
| Southwest Securities Inc. | 1201 Elm St. | Dallas, TX 75270 | (877) 797-6613 | swsclearing.com | 145 | -1.4% | Lana Calton | [email protected]; (214) 859-9228 |
| Wedbush Securities Inc. | 1000 Wilshire Blvd. | Los Angeles, CA 90017 | (213) 688-8000 | wedbush.com | 120 | -25.0% | Sean Thompson (Senior Vice President, Advanced Clearing Services) | (213) 688-4567 |
| COR Clearing LLC | 1299 Farnam St Ste 800 | Omaha, NE 68102 | (800) 811-3487 | corclearing.com | 105 | 23.5% | Roy DiMaria (Director Business Development) | [email protected]; (732) 635-2496 |
| Goldman Sachs Execution and Clearing LP | 200 West St. | New York, NY 10282 | (212) 357-2266 | gsec.com | 91 | -20.9% | Kyle Czepiel (managing director) | [email protected]; (212) 357-2802 |
| Sterne Agee Clearing Inc. | 800 Shades Creek Parkway | Birmingham, AL 35209 | (205) 949-3500 | sterneagee.com | 87 | -8.4% | Damon B Joyner (President and CEO); Patricia A Jamison (Chief Operating Officer) | [email protected]; (205) 271-6208/[email protected]; (205) 776-2917 |
| FirstSouthwest | 325 N. St. Paul St. | Dallas, TX 75201 | 214-953-4000 | clearing.firstsw.com | 84 | 5.0% | Paul Bashus (Regional Vice President); Joe Turk (Regional Vice President); Bill Yancey (Managing Director) | [email protected]; (214) 953-4000/(917)366-7206/[email protected] |
| Apex Clearing Corp. | 350 N. St. Paul Street | Dallas, TX 75201 | (214) 765-1100 | apexclearing.com | 80 | -20.0% | Michael Lanyon (VP Sales) | [email protected]; (214)765-1066 |
| First Clearing LLC | One North Jefferson Ave. | St. Louis, MO 63103 | (888) 322-2532 | firstclearing.com | 80 | -9.1% | David L. Williams (Managing Director) | [email protected]; (888) 322-2532 |
| Raymond James & Associates Inc. | 880 Carillon Parkway | St. Petersburg, FL 33716 | (727) 567-3990 | raymondjames.com/clearing | 37 | -5.1% | Robb Combs (Director of correspondent services) | [email protected]; (727) 567-3990 |
| LPL Financial LLC | 75 State St. | Boston, MA 02109 | (800) 877-7210 | lpl.com | 6 | 20.0% | Arthur Osman (executive vice president, clearing services) | [email protected]; (704) 733-3300 ext. 3852 |
Data as of firms’ year-end.
Source: InvestmentNews Data
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