Business Services Industry
Investment brokerage firms: ranked by number of local registered brokers as of Dec. 1, 2006
San Diego Business Journal, Feb 18, 2008 by Jaimy Lee
INVESTMENT BROKERAGE FIRMS
Ranked by number of local registered brokers as of Dec. 1, 2006
Number of
* local
Telephone registered
Rank Company Fax brokers
(last Address Toll-free * full-time
year) Web site number employees
1 Merrill Lynch (619) 699-3700 182
(2) 701 B St., #2400, (619) 758-3617 295
San Diego 92101
www.ml.com
2 AIG Financial (602) 744-3000 72
(3) Advisor Inc. (602) 744-3166 3
2800 N. Central (800) 522-3319
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent (858) 436-3180 71
(8) Financial Group LLC (858) 481-9033 23
12636 High Bluff Drive, (800) 269-1903
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, (858) 454-3551 55
#350, La Jolla 92037 8
www.firstwall-
streetcorp.com
5 Cuso Financial (858) 530-4400 50
(7) Services LP (858) 530-1929 98
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO. (858) 704-0300 21
(13) 853 Camino del Mar, (858) 704-0320 21
#100, Del Mar 92014 (888) 722-6355
www.cariscompany.com
7 Centara Capital (619) 398-1700 20
(NR) Securities Inc. (619) 398-1717 50
8880 Rio San Diego Drive, (888) 599-4600
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied (619) 702-9600 18
(NR) Securities Inc. (619) 881-1935 153
655 W. Broadway, 11th (800) 499-5489
floor, San Diego 92101
www.firstallied.com
9 Crown Capital (858) 549-9842 15
(15) Securities LP (858) 549-9842 2
9815 Carroll (866) 374-5025
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial (858) 259-3002 15
(12) Advisors (858) 259-3094 18
12636 High Bluff Drive, (800) 208-9400
#250, San Diego 92130
www.hrblock.com
11 WFP Securities (858) 677-0377 15
(11) 6020 Cornerstone (858) 677-0479 10
Court W., #240, (800) 393-0377
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. (619) 426-3550 8
(17) 245 E St., (619) 426-3623 3
Chula Vista 91910 (800) 244-1718
www.securitiescenter.com
13 Girard Securities Inc. (858) 622-2140 6
(4) 9560 Waples Drive, 150
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. (858) 362-3200 5
(NR) 6540 Lusk Blvd., (858) 362-3203 7
Suite C162, (888) 536-3346
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. (619) 234-3235 4
(20) 600 B St, #2204, (619) 234-2421 5
San Diego 92101
Number of
* registered Number of
brokers offices
Rank Company companywide * San Diego
(last Address * states County
year) Web site licensed in * Companywide
1 Merrill Lynch 15,930 9
(2) 701 B St., #2400, 50 680
San Diego 92101
www.ml.com
2 AIG Financial 1,981 25
(3) Advisor Inc. 50 871
2800 N. Central
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent 163 20
(8) Financial Group LLC 50 76
12636 High Bluff Drive,
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, 72 2
#350, La Jolla 92037 50 60
www.firstwall-
streetcorp.com
5 Cuso Financial 389 24
(7) Services LP 50 316
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO. 58 1
(13) 853 Camino del Mar, 50 4
#100, Del Mar 92014
www.cariscompany.com
7 Centara Capital 20 1
(NR) Securities Inc. 5 1
8880 Rio San Diego Drive,
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied 528 9
(NR) Securities Inc. 50 330
655 W. Broadway, 11th
floor, San Diego 92101
www.firstallied.com
9 Crown Capital 320 4
(15) Securities LP 50 98
9815 Carroll
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial 1,000 1
(12) Advisors 50 220
12636 High Bluff Drive,
#250, San Diego 92130
www.hrblock.com
11 WFP Securities 40 2
(11) 6020 Cornerstone 18 3
Court W., #240,
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. 8 3
(17) 245 E St., 18 3
Chula Vista 91910
www.securitiescenter.com
13 Girard Securities Inc. 150 10
(4) 9560 Waples Drive, 50 70
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. 12 1
(NR) 6540 Lusk Blvd., 49 3
Suite C162,
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. 4 1
(20) 600 B St, #2204, 50 1
San Diego 92101
Products offered by
percentage of
total business
Rank Company
(last Address Stocks/ Variable
year) Web site bonds Insurance annuities
1 Merrill Lynch na na na
(2) 701 B St., #2400,
San Diego 92101
www.ml.com
2 AIG Financial 5 3 34
(3) Advisor Inc.
2800 N. Central
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent 6 1 20
(8) Financial Group LLC
12636 High Bluff Drive,
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, 20 2 5
#350, La Jolla 92037
www.firstwall-
streetcorp.com
5 Cuso Financial 3 1 45
(7) Services LP
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO. 100 0 0
(13) 853 Camino del Mar,
#100, Del Mar 92014
www.cariscompany.com
7 Centara Capital 10 50 5
(NR) Securities Inc.
8880 Rio San Diego Drive,
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied 37 10 16
(NR) Securities Inc.
655 W. Broadway, 11th
floor, San Diego 92101
www.firstallied.com
9 Crown Capital 5 5 35
(15) Securities LP
9815 Carroll
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial 40 10 20
(12) Advisors
12636 High Bluff Drive,
#250, San Diego 92130
www.hrblock.com
11 WFP Securities 20 1 4
(11) 6020 Cornerstone
Court W., #240,
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. 77 0 3
(17) 245 E St.,
Chula Vista 91910
www.securitiescenter.com
13 Girard Securities Inc. 15 0 25
(4) 9560 Waples Drive,
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. 10 0 20
(NR) 6540 Lusk Blvd.,
Suite C162,
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. 90 0 0
(20) 600 B St, #2204,
San Diego 92101
Products offered by
percentage of
total business
Rank Company
(last Address Mutual
year) Web site funds Partnerships Other
1 Merrill Lynch na na na
(2) 701 B St., #2400,
San Diego 92101
www.ml.com
2 AIG Financial 28 4 26
(3) Advisor Inc.
2800 N. Central
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent 30 20 23
(8) Financial Group LLC
12636 High Bluff Drive,
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, 50 0 23
#350, La Jolla 92037
www.firstwall-
streetcorp.com
5 Cuso Financial 38 0 13
(7) Services LP
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO. 0 0 0
(13) 853 Camino del Mar,
#100, Del Mar 92014
www.cariscompany.com
7 Centara Capital 30 5 0
(NR) Securities Inc.
8880 Rio San Diego Drive,
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied 19 8 10
(NR) Securities Inc.
655 W. Broadway, 11th
floor, San Diego 92101
www.firstallied.com
9 Crown Capital 15 15 25
(15) Securities LP
9815 Carroll
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial 30 0 0
(12) Advisors
12636 High Bluff Drive,
#250, San Diego 92130
www.hrblock.com
11 WFP Securities 20 50 5
(11) 6020 Cornerstone
Court W., #240,
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. 20 0 0
(17) 245 E St.,
Chula Vista 91910
www.securitiescenter.com
13 Girard Securities Inc. 40 0 20
(4) 9560 Waples Drive,
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. 30 0 40
(NR) 6540 Lusk Blvd.,
Suite C162,
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. 10 0 0
(20) 600 B St, #2204,
San Diego 92101
Service offered
Rank Company Real
(last Address Asset estate Financial
year) Web site mgmt. syndication planning
1 Merrill Lynch * *
(2) 701 B St., #2400,
San Diego 92101
www.ml.com
2 AIG Financial * *
(3) Advisor Inc.
2800 N. Central
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent * *
(8) Financial Group LLC
12636 High Bluff Drive,
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, *
#350, La Jolla 92037
www.firstwall-
streetcorp.com
5 Cuso Financial * *
(7) Services LP
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO.
(13) 853 Camino del Mar,
#100, Del Mar 92014
www.cariscompany.com
7 Centara Capital * * *
(NR) Securities Inc.
8880 Rio San Diego Drive,
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied * *
(NR) Securities Inc.
655 W. Broadway, 11th
floor, San Diego 92101
www.firstallied.com
9 Crown Capital * *
(15) Securities LP
9815 Carroll
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial * * *
(12) Advisors
12636 High Bluff Drive,
#250, San Diego 92130
www.hrblock.com
11 WFP Securities * *
(11) 6020 Cornerstone
Court W., #240,
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. * *
(17) 245 E St.,
Chula Vista 91910
www.securitiescenter.com
13 Girard Securities Inc. * *
(4) 9560 Waples Drive,
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. * *
(NR) 6540 Lusk Blvd.,
Suite C162,
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. *
(20) 600 B St, #2204,
San Diego 92101
Service offered
Rank Company
(last Address General
year) Web site Underwriting securities Other
1 Merrill Lynch * * *
(2) 701 B St., #2400,
San Diego 92101
www.ml.com
2 AIG Financial * *
(3) Advisor Inc.
2800 N. Central
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent * *
(8) Financial Group LLC
12636 High Bluff Drive,
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, * *
#350, La Jolla 92037
www.firstwall-
streetcorp.com
5 Cuso Financial *
(7) Services LP
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO. * * *
(13) 853 Camino del Mar,
#100, Del Mar 92014
www.cariscompany.com
7 Centara Capital * *
(NR) Securities Inc.
8880 Rio San Diego Drive,
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied * * *
(NR) Securities Inc.
655 W. Broadway, 11th
floor, San Diego 92101
www.firstallied.com
9 Crown Capital * *
(15) Securities LP
9815 Carroll
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial * * *
(12) Advisors
12636 High Bluff Drive,
#250, San Diego 92130
www.hrblock.com
11 WFP Securities * *
(11) 6020 Cornerstone
Court W., #240,
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. *
(17) 245 E St.,
Chula Vista 91910
www.securitiescenter.com
13 Girard Securities Inc. * * *
(4) 9560 Waples Drive,
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. * *
(NR) 6540 Lusk Blvd.,
Suite C162,
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. * *
(20) 600 B St, #2204,
San Diego 92101
Rank Company * Local Year
(last Address executive established
year) Web site * Titles(s) locally
1 Merrill Lynch Joseph A. 1949
(2) 701 B St., #2400, Campano
San Diego 92101 director
www.ml.com
2 AIG Financial Jim Cannon
(3) Advisor Inc. CEO, president 1970
2800 N. Central
Ave., Phoenix 85004
www.aigfinancial-
advisors.com
3 Independent Scott Heising
(8) Financial Group LLC CFO, managing 2003
12636 High Bluff Drive, director
#100, San Diego 92130
www.ifgsd.com
4 First Wall Street Corp.
(10) 1200 Prospect St, Charles Lazzaro 1982
#350, La Jolla 92037 president
www.firstwall-
streetcorp.com
5 Cuso Financial Valorie Seyfert 1996
(7) Services LP CEO
10455 Sorrento
Valley Road,
#210, San Diego 92121
www.cusonet.com
6 Caris & CO. Darren Caris 2002
(13) 853 Camino del Mar, CEO, chairman
#100, Del Mar 92014
www.cariscompany.com
7 Centara Capital Eduardo Lombardi 2003
(NR) Securities Inc. CEO
8880 Rio San Diego Drive,
fourth floor,
San Diego 92108
www.centaracapital.com
8 First Allied na 1996
(NR) Securities Inc.
655 W. Broadway, 11th
floor, San Diego 92101
www.firstallied.com
9 Crown Capital Gary Glockzin 1999
(15) Securities LP branch manager
9815 Carroll
Canyon Road,
#204, San Diego 92131
www.crowncapital-
securities.com
10 H&R Block Financial Joseph DeFalco 1962
(12) Advisors financial adviser
12636 High Bluff Drive,
#250, San Diego 92130
www.hrblock.com
11 WFP Securities John Schooler 1992
(11) 6020 Cornerstone president
Court W., #240,
San Diego 92121
www.wfpsecurities.com
12 Securities Center Inc. James Biddle 1984
(17) 245 E St., CEO, president
Chula Vista 91910
www.securitiescenter.com
13 Girard Securities Inc. Richard P. Wottman 1986
(4) 9560 Waples Drive, CEO
Suite B, San Diego 92122
www.girardsecurites.com
14 Nelson Securities Inc. Robert O. Nelson 1996
(NR) 6540 Lusk Blvd., senior vice
Suite C162, president
San Diego 92121
www.nelson-
securities.com
15 Western Financial Corp. Howard Levenson 1971
(20) 600 B St, #2204, CEO, chairman
San Diego 92101
In case of a tie, firms are ranked alphabetically.
wnd Would not disclose
na Not available
NA Not applicable
(NR) Not ranked
Source: The firms.Notes: TD Ameritrade, No. 1 on
last year's list; Edward Jones, No. 9 last year;
Torrey Pines Securities Inc., No. 14 last year;
Brookstreet Securities Corp., No. 16 last year;
Concord Equity Group, No. 18 last year; and National
Portfolio Network Inc., No. 19 last year, did not
return surveys for this year's list. A.G. Edwards &
Sons, No. 5 on last year's list, declined participation
in this year's list. Sorrento Pacific Financial LLC,
No. 21 on last year's list, returned a survey but did
not qualify for this year's list. It is not the intent
of this list to endorse the participants nor to imply
a firm's size or numerical rank indicates its quality.
Researched by Jaimy Lee
Previously published in 2008 Book of Lists
Related Results
COPYRIGHT 2008 CBJ, L.P.
COPYRIGHT 2008 Gale, Cengage Learning
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
Most Popular Business Publications
Content provided in partnership with
