US Financial Brokerage Market will be Driven by Rise in Dealership Activities and Increasing Adoption of Technology: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now The rise in the demand for portfolio management and advisory services coupled with rising in compliance costs due to growing regulatory the environment has driven the financial brokerage market in the US. The report Titled “US Financial Brokerage Market Outlook to 2023 – By Entity (Brokers and Dealers), By Type of Trading Activity (Currency, Commodity, and Equity), By Exchange, By Type of Commodities (Agriculture and Non-Agriculture)” by Ken Research suggested that the Financial Brokerage market in the US has been increasing due to growing dealership activity, rising investment in Fin-tech industry and increasing adoption of technology. The market is expected to register a positive CAGR of 3.4% in terms of revenue during the forecast period 2018-2023E. This has resulted in many financial advisors switching to smaller firms or become independent advisors, as the new positions offer them a greater share of the trade margins along with other perks such as profit sharing agreements, partnership deals and so on. It has been witnessed that the large warehouses are consolidating their business due to the reduced trade commissions and rising operational costs owing to stringent trade regulations. The number of FINRA registered representatives in large firms reduced at a CAGR of -0.5% during the period 2015-2017. The outflow of Financial Advisors (FAs) From Large Wire Houses to Smaller Advisory Firms: Post the US economic recession in 2008, large established wirehouses such as Merril Lynch, Wells Fargo, and UBS have altered their growth strategy by focusing more on consolidating their advisor base. These firms focused on servicing a few clients with large asset bases rather than scaling their client base, which has also led to a reduction in their branches. Over the last 5 years, these warehouses have reduced the perks provided to the financial advisors under their payroll. These FA’s are also required to generate portfolios of over USD 1 million in order to retain the interest of their employers. Rise In Mobile Applications Providing Zero Commission Trading Facility: Brokerage firms often charge their clients with commissions on-trade by trade basis in order to cover their overhead costs, infrastructure costs and include profits. However, owing to technological advancements, the fintech industry has witnessed a rise in the number of firms offering commission-free trades. With an aim to make trading facilities affordable to the general public, these firms leverage technology to minimize their costs and develop a mobile application that caters to the basic trading needs of an investor. Decrease In Brokerage Rate And Expansion Of Financial Services: High competition in the brokerage market in America, the existing companies and incumbent players have devised strategy related to lowering down the brokerage fees and expanding financial Services towards asset management, mutual funds, wealth management, algorithmic trading, top picks and other services that can lure the customers. In addition to this, the companies have drastically lowered down the brokerage fees since fees have been regarded as the major pain point for the investor. The revenue from commissions has declined at a CAGR of 1.6% between Q1 2013 and Q1 2018. The increase in the trend of discount brokerage services in the country had also forced the companies to lower their commissions. The investors choose those stock brokers which provide good service in affordable rate to the investors. Key Segments Covered:- By Type of Trading Activity Equity Commodities Currencies By Entity Brokers Dealers By Exchange By Type of Commodities Agriculture Non-Agriculture Coffee Sugar Cocoa Cotton FCOJ Metals & Grains Canola Gas Power Key Target Audience Brokers Dealers Investment Banking and Private Equity Firms Government Authority Financial Institutions Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2019E-2023E Companies Covered:- BGC Partners Charles Schwab E-Trade Financial Corporation Interactive Brokers Group TD Ameritrade Jones Financial LPL Financial Raymond James Financial Voya Financial Virtu Financial Keywords:- Financial Broking Charles Schwab US Financial Broking Exchange Market US Financial Broking F&O Market US Financial Brokerage US Discount Brokers Industry US US Full Service Brokerage Industry US Electronic Security Trading Platform Market Agriculture Commodities Market US Non-Agriculture Commodities Market US US Equity Trading Transaction Volume Financial Broking Options Exchange Market US Financial Broking Discount Market US Financial Broking SIFMA Share US Financial Brokerage in the US Commodity Trading in the US Discount Brokerage Market US Equity Trade Market US Future and Options Trading Market US US Online Stock Trading Market For More Information, Refer To Below Link:- The US Financial Brokerage Market Outlook Related Reports:- India Financial Brokerage Market Outlook to 2020 – Evolvement of Discount Brokers and Robust Trading Volume to Prosper Market Growth US FinTech Market Forecast to 2020 – Mobile Payments and Robo Advisors to Shape Future Growth India ATM Market Outlook to 2023 – By ATM Supply, Managed Services (ATM Repair, Maintenance and Other Services, Transaction Processing, Cash Reconciliation Statement, Content and Electronic Journal Management) & Cash Management (ATM Replenishment, CIT, CPD) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Agriculture Commodities Market US, Business Model of US Financial Brokerage, Commodity Trading in US, Comparative Analysis of US Financial Brokerage Market, Competition Scenario US Equity Brokerage, Demat Account Business Growth US, Discount Brokerage Market US, Discount Brokers Industry US, Educational Programmes for Investors US, Equity Trade Market US, Financial Brokerage in US, Financial Brokerage Industry in US, Financial Brokerage Industry US, Financial Brokerage Market in US, Financial Brokerage Market US, Financial Brokerage US, Financial Broking BGC Partners US, Financial Broking Charles Schwab US, Financial Broking Commodities Market US, Financial Broking Discount Market US, Financial Broking Equity Market US, Financial Broking Exchange Market US, Financial Broking F&O Market US, Financial Broking Industry in America, Financial Broking Options Exchange Market US, Financial Broking SIFMA Share US, Financial Broking TD Ameritrade US, Future and Options Trading Market US, Future Potential Discount Broking US, Industry Trends Developments Brokerage US, Interactive Broker Group US, Investing Behavior of Investors in US, Non Agriculture Commodities Market US, Regulation Brokerage Industry America, Securities Brokerage Fee Income in US, Securities Brokering in the US, Trade Smart Online Revenue Crore, US Commodities Transaction Volume Share, US Discount Broking Market Growth, Us Electronic Security Trading Platform Market, US Equity Trading Transaction Volume, US Equity Transaction Volume Size, US Financial Brokerage Currencies Transaction Volume, US Financial Brokerage Dealership Market, US Financial Brokerage Industry, US Financial Brokerage Industry Research Report, US Financial Brokerage Market, US Financial Brokerage Market Analysis, US Financial Brokerage Market Future Outlook, US Financial Brokerage Market Growth Forecast, US Financial Brokerage Market Major Players, US Financial Brokerage Market Recommendations, US Financial Brokerage Market Research, US Financial Brokerage Market Research Report, US Financial Brokerage Market Revenue, US Financial Brokerage Market Segmentation, US Financial Brokerage Market Share, US Financial Brokerage Market Size, US Financial Brokerage Market Trends, US Financial Brokerage Scenario, US Finical Brokerage Market Issues, US Full Service Brokerage Industry, Us Online Discount Broking Future, US Online Stock Trading Market, US Security Transaction Revenue Market
