Source: Financial Advisor Magazine

FA’s 2020 BD Ranking

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About Us
Careers
Subsidiaries
- Kovack Advisors
- Kovack Securities
Contact Us

About Us
Careers
Subsidiaries
- Kovack Advisors
- Kovack Securities
Contact Us

Contact Us

6451 North Federal Hwy | Ste 1201

Fort Lauderdale, FL 33308

800-711-4078

info@kfn.com

The rankings and recognition presented in this award are based on data collected through Investment News’ annual survey of independent broker-dealers. The survey was conducted between February 7 and April 19, 2024, and gathered comprehensive financial information for the 2023 calendar year provided by the recipient voluntarily. No compensation was provided by the award recipient to Investment News or any of its affiliates in connection with receiving this award. A licensing/copyrighting fee was paid in order to publish the award information on our website.

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disclosures and methodology.

Additional Disclosures and Methodology

Awards and recognitions by unaffiliated rating services, companies, and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Kovack Securities, its affiliates, or representatives are engaged, or continue to be engaged, to provide investment services. Kovack Securities makes no representation that the rating is representative of any one client’s experience. Neither Kovack Securities, its affiliates, nor its representatives paid a fee to participate in the survey. Investment performance was not evaluated for the award.

Methodology

Data Collection: Participating firms voluntarily provided detailed financial data covering various aspects of their operations, including:

Revenue
Fees
Assets
Staffing across different categories

Evaluation Criteria: The top-performing firms were determined based on their rankings across several key metrics, including but not limited to:

Total revenue
Fee-based revenue
Account assets
Average payout per producing representative

Time Period: All financial data and metrics used in the evaluation process pertain to the 2023 calendar year.

Participation: The survey was open to independent broker-dealers who chose to participate and provide the required information.

Compensation and Licensing

No compensation was paid to Investment News or its affiliates by the award recipient in connection with receiving this award. A licensing and copyrighting fee was paid in order to publish the award information on our website.

Please note that while this methodology aims to provide an objective assessment of broker-dealer performance, rankings may not be indicative of future performance.

Terms
Privacy
Disclosures

Terms
Privacy
Disclosures

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Kovack Financial Network is a registered DBA name of Kovack Financial, LLC. Securities offered through Kovack Securities, Inc. Member FINRA/SIPC. 6451 North Federal Highway, Suite 1201, Fort Lauderdale, FL 33308, (954) 782-4771. Investment advisory services offered through Kovack Advisors, Inc. Kovack Securities and Kovack Advisors are subsidiaries of Kovack Financial, LLC.

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