Argus Leader Media - The Source

Rank	Company	Address	Local Executives	# of Brokers	# of Employees	Founded	Previous Rank
Top Brokerage Firms Published July 5, 2007, Sioux Falls Business Journal Copyright © The Source, 2006-07 Ranked by number of licensed brokers in Sioux Falls MSA Download the spreadsheet file for Top Brokerage Firms Download the 2006 spreadsheet file for Brokerage Firms
1	Edward Jones	5404 W. 26th St.	Dennis Wieczorek, financial adviser	18*	41	Not available	1
2	A.G. Edwards**	4930 S. Western Ave., Suite 100	Joe Wood, branch manager	17	28	1971	2
3	UBS Financial Services	4009 W. 49th St.	Larry Hoyme, branch manager	17	27	1989	6
4	Merrill Lynch	110 S. Phillips Ave.	Jeff Edman, financial adviser, vice president, senior resident d	14	24	1979
5	Waddell & Reed Inc.	5302 S. Bur Oak Place, Suite 200	Steve Ciofalo, office manager	12	29	20+ years	4
6	Ameriprise Financial Services Inc.	5024 S. Bur Oak Place
6	Ameriprise Financial Services Inc.	1509 S. Minnesota Ave.
6	Ameriprise Financial Services Inc.	4900 S. Minnesota Ave.
6	Ameriprise Financial Services Inc.	5120 S. Western Ave.		Total: 11	Total: 18	50+ years
7	Citi Smith Barney	1300 W. 57th St., Suite 101	Mark Stuck, branch manager	8	11	1999	5
8	Morgan Stanley	300 S. Main Ave.	Andrew DeMore, branch manager and vice president	7	10	25+ years
9	RBC Dain Rauscher	101 N. Main Ave., Suite 301	Tom Wadsworth, branch director	5	7	40+ years	7
10	Dougherty & Co. LLC	110 S. Phillips Ave., Suite 203	Ray "Woody" Woodsend, senior vice president	4	5	1977	8

Sources: Sioux Falls Business Journal research; information from companies.
Notes: When tied, ranked by number of employees. Only companies with at least five employees are included. Banks are excluded.

* At 16 offices in the MSA
** Wachovia Corp. announced May 31 that it is buying A.G. Edwards Inc. The office will be renamed Wachovia Securities at some point during an 18-month integration period.

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