# Vanderbilt Financial Group at a glance

URL: https://www.financialadvsr.com/firms/vanderbilt-financial-group
Researched: 2026-10-10
Publisher: Financial ADVSR (https://www.financialadvsr.com)

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.

## Facts

- 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 Distante [4]
- Leadership: President Joe Trifiletti, named in 2019 after serving as COO [5]
- Clearing: Introducing broker-dealer; clears through Fidelity's National Financial Services [6]

## Size

- Producing reps: 275 (as of 2024-12-31) [1]
- Assets under management: $7.3 billion (as of 2024-12-31) [1]
- Gross revenue (2024): $58.1 million (as of 2024-12-31) [1]

## 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 RIA: Advisory business runs through the firm's own RIA, Vanderbilt Advisory Services (PFG Investments, LLC). [3]

## Recruiting and transition deals

- 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

- Chamberlain Group (Irvine, CA): A $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.

Sources:
1. Financial Advisor magazine: 2025 Independent Broker-Dealer Review & Ranking, 2025-04-01 (https://www.fa-mag.com/userfiles/0000000000002025_IMAGES_ALL/FA_ISSUES_2025/FA_APRIL_2025/BDRANK25_Online_040125.pdf)
2. CB Insights: About Vanderbilt Financial Group, 2025-11-13 (https://www.cbinsights.com/company/vanderbilt-financial-group)
3. Vanderbilt Financial Group: Disclosures - joinvanderbilt.com (https://www.joinvanderbilt.com/disclosures/)
4. Vanderbilt Financial Group: Experience - joinvanderbilt.com (https://www.joinvanderbilt.com/experience/)
5. Farmingdale State College (The Campus Times): FSC Alum Named President of Vanderbilt Financial Group, 2020-01-13 (https://blogs.farmingdale.edu/sites/campus-times/2020/01/13/fsc-alum-named-president-of-vanderbilt-financial-group/)
6. Vanderbilt Securities, LLC (SEC filing): Form X-17A-5, FY2025, 2025 (https://www.sec.gov/Archives/edgar/data/83809/000008380925000005/PublicAudit2025.pdf)
7. CB Insights (Vanderbilt Financial Group release): Vanderbilt Financial Group Accelerates Growth, Welcoming Chamberlain Group, Irvine, CA-based $1.2 Billion Team, 2025-11-13 (https://www.cbinsights.com/company/vanderbilt-financial-group)