Updated Thursday, September 3, 2015 as of 3:18 PM ET

Parsing Results from Our Latest Survey of Independent Broker-Dealers

The law of large numbers doesn't seem to apply to our highly anticipated 27th annual survey of independent broker-dealers. The big keep getting bigger. Annual revenue for the Top 5 grew 11.7%. Of the Top 50, no less than 60% reported double-digit revenue growth. For the first time, the No. 1 firm on the list - it's LPL Financial again this year - reported total revenues topping $3 billion.

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