Weiss Issues New Ratings of Strongest and Weakest Brokerage Firms

The Weiss Ratings focus on the financial strength of a brokerage firm, arguing that, "a financially desperate broker is more concerned about staying afloat today than he is about your financial well-being tomorrow."

Here are the strongest firms as of June 5, 2003:

Albert Fried & Company
Amsouth Investment Services, Inc.
Banca IMI Securities Corp.
Capital Brokerage Corporation
Fred Alger & Company Incorporated
ING Financial Advisers LLC
Interactive Brokers LLC
Kokusai America
Shelby Cullom Davis & Co. LP
Vectormex Incorporated

Here are the weakest firms as of February 6, 2003:

ADP Broker Dealer, Inc.
AFH Financial Consortium, Inc.
Apex Securities, Inc.
Brookehill Capital Partners Ltd.
C E Unterberg Towbin
Dreher & Associates, Inc.
International Assets Advisory LLC
Miller Johnson Steichen Kinnard, Inc.

Both Dreher & Associates and International Assets Advisory LLC receive "very weak" ratings.

Source: www.weissratings.com