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Hybrid RIA

Vanderbilt Financial Group

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Vanderbilt Financial Group at a glance

Researched Oct 2026

Vanderbilt Financial Group is the brand of Vanderbilt Securities, LLC, a mid-sized independent broker-dealer, and its corporate RIA, Vanderbilt Advisory Services, based in Woodbury, N.Y. Chairman Steve Distante bought the firm in 2001 and rebranded it under the Vanderbilt Financial Group name, and it has long marketed itself around sustainable and impact investing. Financial Advisor magazine's April 2025 ranking placed it No. 34 among independent broker-dealers, with 275 producing reps.

Producing reps
2751
As of Dec 2024
Assets under management
$7.3 billion1
As of Dec 2024
Gross revenue (2024)
$58.1 million1
As of Dec 2024
Headquarters
Woodbury, N.Y. (125 Froehlich Farm Blvd.)2
Legal entities
Brand name for Vanderbilt Securities, LLC (FINRA/SIPC broker-dealer) and PFG Investments, LLC, which does business as Vanderbilt Advisory Services (RIA)3
Ownership
Private; acquired and rebranded in 2001 by chairman Steve Distante4
Leadership
President Joe Trifiletti, named in 2019 after serving as COO5
Clearing
Introducing broker-dealer; clears through Fidelity's National Financial Services6

How advisors affiliate

  • Independent contractor (broker-dealer)Advisors are independent contractors who offer securities through Vanderbilt Securities and can operate under their own boutique brand or Vanderbilt's.3
  • Corporate RIAAdvisory business runs through the firm's own RIA, Vanderbilt Advisory Services (PFG Investments, LLC).3

How advisors are paid

No firm-specific figures have been published that we could verify.

Joining: deals and equity

  • In November 2025 Vanderbilt announced that Chamberlain Group, an Irvine, Calif., team it described as managing $1.2 billion, was joining from Spire Wealth and Spire Securities.7

Notable OSJs and enterprises

  • Chamberlain GroupIrvine, CAA $1.2 billion team serving business owners and families that affiliated in November 2025, per the firm's announcement; it bolstered Vanderbilt's West Coast presence.7

Notable OSJs and enterprises named in the trade press or by the firm; not a complete list.

Figures are as reported by the sources below and change over time. Payout and deal figures are general ranges, not offers.

  1. 2025 Independent Broker-Dealer Review & Ranking Financial Advisor magazine, Apr 2025
  2. About Vanderbilt Financial Group CB Insights, Nov 2025
  3. Disclosures - joinvanderbilt.com Vanderbilt Financial Group
  4. Experience - joinvanderbilt.com Vanderbilt Financial Group
  5. FSC Alum Named President of Vanderbilt Financial Group Farmingdale State College (The Campus Times), Jan 2020
  6. Form X-17A-5, FY2025 Vanderbilt Securities, LLC (SEC filing), 2025
  7. Vanderbilt Financial Group Accelerates Growth, Welcoming Chamberlain Group, Irvine, CA-based $1.2 Billion Team CB Insights (Vanderbilt Financial Group release), Nov 2025

Vanderbilt Financial Group on the wire

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Vanderbilt Financial Group: questions

What kind of firm is Vanderbilt Financial Group?

Vanderbilt Financial Group is the brand of Vanderbilt Securities, LLC, a mid-sized independent broker-dealer, and its corporate RIA, Vanderbilt Advisory Services, based in Woodbury, N.Y. Chairman Steve Distante bought the firm in 2001 and rebranded it under the Vanderbilt Financial Group name, and it has long marketed itself around sustainable and impact investing. Financial Advisor magazine's April 2025 ranking placed it No. 34 among independent broker-dealers, with 275 producing reps.

How big is Vanderbilt Financial Group?

Producing reps: 275 as of December 2024, according to Financial Advisor magazine. Assets under management: $7.3 billion as of December 2024, according to Financial Advisor magazine. Gross revenue (2024): $58.1 million as of December 2024, according to Financial Advisor magazine.

How can an advisor affiliate with Vanderbilt Financial Group?

Vanderbilt Financial Group offers independent contractor (broker-dealer) and corporate ria. Advisors are independent contractors who offer securities through Vanderbilt Securities and can operate under their own boutique brand or Vanderbilt's. Advisory business runs through the firm's own RIA, Vanderbilt Advisory Services (PFG Investments, LLC).

How do advisors and firms join Vanderbilt Financial Group?

In November 2025 Vanderbilt announced that Chamberlain Group, an Irvine, Calif., team it described as managing $1.2 billion, was joining from Spire Wealth and Spire Securities. Terms vary by firm and change over time.