San Diego, CA –Independent Financial Group, LLC (IFG) today reported its overall 2015 earnings. As of December 31, 2015 the firm’s revenue totaled $124,403.000, up 4.8% from the previous year. Mutual Fund, Insurance and Fee revenue also increased; up 25% and 12%, respectively. Additionally, the firm’s number of affiliated financial advisors has grown from 565 to 600 and average payout per advisor has gone up from $184,000 to $203,000.
“We continue to thrive in the b-d space because we work for our financial advisors, not the other way around,” comments Scott Heising, Owner and Managing Director of the San Diego-based broker-dealer. He further explains, “I founded the firm in 2003 with the vision to service our reps well: execute business quickly, deliver great service, and remain truly independent.” He continues, “We’ve seen a mass consolidation in the past few years and few of us remain that are privately-held.” He concludes, “We continue to see growth year-to-year because we stay true to the values on which we were founded and remain committed to the success of our advisors.”
About Independent Financial Group, America’s Finest Broker-Dealer®
Independent Financial Group, LLC serves the needs of independent financial advisors nationwide. Renowned for their first-class customer service, the company specializes in individual wealth management and institutional retirement plan solutions for their financial advisors. IFG’s corporate office now supports over 600 independent registered representatives across the country. Their notable success has been recognized in numerous financial services industry publications including Financial Planning, Financial Advisor and Investment News. For the past two years, IFG has ranked in the Top 50 of Financial Planning’s Annual Broker-Dealer Survey. Most recently, the company was honored by its advisors ranking them among all broker-dealers, #3 in Total Satisfaction, as reported in Wealth Management’s BrokerDealer Report Card and has additionally earned the #39 position in this year’s Broker-Dealer Ranking as featured in Financial Advisor Magazine. IFG has also gained nationwide recognition with Inc. Magazine’s Honor Roll status for multiple consecutive mentions on their annual Inc.500|5000 list. IFG is privately owned and operated by three partners: David Fischer, Scott Heising and Joe Miller.
For more information on IFG, please visit www.ifgsd.com.