Security & Commodity Brokers
Data updated July 2026
28 companies · FY2025
Reading the Security & Commodity Brokers CEO Pay Landscape (SIC 62, FY2025)
The Security & Commodity Brokers industry, classified under 2-digit SIC code 62, had 28 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2025. Across that set of firms, the median CEO-to-worker pay ratio was 54:1 and the average was 115:1. Median CEO total compensation in the sector was $12.3M, with the sector-wide average at $18.7M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.
Pay dispersion inside this industry is substantial. The 25th percentile CEO in Security & Commodity Brokers earned $5.4M, while the 75th percentile CEO earned $20.3M - a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. The gap between the 115:1 average and the 54:1 median is wide, which almost always signals that a small number of very-high-pay CEOs are pulling the mean upward; the median is the fairer yardstick for "a typical company in this sector."
Below you can scan each of the 73 Security & Commodity Brokers companies PlainCEOPay currently tracks in this SIC group, with reported CEO total compensation, median worker pay, and individual pay ratios. Company pages show how each available filing compares with this industry benchmark. The current dataset does not include a CEO name or an itemized compensation breakdown for each company. All displayed figures are drawn from SEC EDGAR filings; they are not estimated, imputed, or projected.
Companies in Security & Commodity Brokers (73)
| Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|
| Goldman Sachs Group IncSEC EDGAR DEF 14A, CIK 886982 | $118.9M | $161K | 740:1 | 2025 |
| Hamilton Lane INCSEC EDGAR DEF 14A, CIK 1433642 | $80.2M | $131K | 613:1 | 2024 |
| Ares Management CorpSEC EDGAR DEF 14A, CIK 1176948 | $68.3M | $197K | 346:1 | 2025 |
| Raymond James Financial IncSEC EDGAR DEF 14A, CIK 720005 | $34.9M | $126K | 277:1 | 2023 |
| Nasdaq, Inc.SEC EDGAR DEF 14A, CIK 1120193 | $25.0M | $102K | 246:1 | 2025 |
| BlackRock, Inc.SEC EDGAR DEF 14A, CIK 2012383 | $154K | $154K | 245:1 | 2025 |
| Ameriprise Financial IncSEC EDGAR DEF 14A, CIK 820027 | $30.9M | $133K | 232:1 | 2025 |
| Ameriprise Financial IncSEC EDGAR DEF 14A, CIK 820027 | $28.4M | $133K | 213:1 | 2023 |
| Schwab Charles CorpSEC EDGAR DEF 14A, CIK 316709 | $23.9M | $118K | 203:1 | 2023 |
| LPL Financial Holdings Inc.SEC EDGAR DEF 14A, CIK 1397911 | - | - | 196:1 | 2023 |
| BlackRock Finance, Inc.SEC EDGAR DEF 14A, CIK 1364742 | $162K | $162K | 166:1 | 2023 |
| Focus Financial Partners Inc.SEC EDGAR DEF 14A, CIK 1651052 | $11.9M | $75K | 158:1 | 2021 |
| Nasdaq, Inc.SEC EDGAR DEF 14A, CIK 1120193 | $18.5M | $117K | 157:1 | 2023 |
| LPL Financial Holdings Inc.SEC EDGAR DEF 14A, CIK 1397911 | - | - | 156:1 | 2025 |
| Interactive Brokers Group, Inc.SEC EDGAR DEF 14A, CIK 1381197 | $15.4M | $99K | 155:1 | 2023 |
| Raymond James Financial IncSEC EDGAR DEF 14A, CIK 720005 | $18.8M | $123K | 153:1 | 2025 |
| Schwab Charles CorpSEC EDGAR DEF 14A, CIK 316709 | $18.8M | $131K | 143:1 | 2025 |
| Invesco Ltd.SEC EDGAR DEF 14A, CIK 914208 | $122K | $122K | 133:1 | 2025 |
| Cowen Inc.SEC EDGAR DEF 14A, CIK 1466538 | $28.6M | $215K | 133:1 | 2021 |
| Ares Management CorpSEC EDGAR DEF 14A, CIK 1176948 | $30.6M | $235K | 130:1 | 2023 |
| BGC Group, Inc.SEC EDGAR DEF 14A, CIK 1094831 | $17.0M | $145K | 117:1 | 2023 |
| BGC Group, Inc.SEC EDGAR DEF 14A, CIK 1094831 | $15.0M | $128K | 117:1 | 2024 |
| Morningstar, Inc.SEC EDGAR DEF 14A, CIK 1289419 | $7.3M | $64K | 114:1 | 2023 |
| Franklin Resources IncSEC EDGAR DEF 14A, CIK 38777 | $16.8M | $149K | 113:1 | 2024 |
| Franklin Resources IncSEC EDGAR DEF 14A, CIK 38777 | $17.3M | $155K | 112:1 | 2023 |
| Invesco Ltd.SEC EDGAR DEF 14A, CIK 914208 | $12.0M | $111K | 108:1 | 2023 |
| Morningstar, Inc.SEC EDGAR DEF 14A, CIK 1289419 | $9.0M | $87K | 104:1 | 2025 |
| Cboe Global Markets, Inc.SEC EDGAR DEF 14A, CIK 1374310 | $20.2M | $198K | 102:1 | 2025 |
| Tradeweb Markets Inc.SEC EDGAR DEF 14A, CIK 1758730 | $20.6M | $238K | 87:1 | 2025 |
| Janus Henderson Group Ltd.SEC EDGAR DEF 14A, CIK 1274173 | $15.0M | $181K | 83:1 | 2025 |
| Value Line IncSEC EDGAR DEF 14A, CIK 717720 | $6.5M | $83K | 79:1 | 2024 |
| StoneX Group Inc.SEC EDGAR DEF 14A, CIK 913760 | $6.6M | $87K | 75:1 | 2023 |
| Piper Sandler CompaniesSEC EDGAR DEF 14A, CIK 1230245 | $11.2M | $177K | 64:1 | 2023 |
| BRC Group Holdings, Inc.SEC EDGAR DEF 14A, CIK 1464790 | $5.6M | $95K | 59:1 | 2023 |
| Cboe Global Markets, Inc.SEC EDGAR DEF 14A, CIK 1374310 | $10.4M | $179K | 58:1 | 2023 |
| Oppenheimer Holdings IncSEC EDGAR DEF 14A, CIK 791963 | $29.0M | $500K | 58:1 | 2023 |
| Lazard, Inc.SEC EDGAR DEF 14A, CIK 1311370 | $13.2M | $231K | 57:1 | 2023 |
| Affiliated Managers Group, Inc.SEC EDGAR DEF 14A, CIK 1004434 | $11.8M | $218K | 54:1 | 2023 |
| Virtu Financial, Inc.SEC EDGAR DEF 14A, CIK 1592386 | $16.7M | $310K | 54:1 | 2025 |
| Houlihan Lokey, Inc.SEC EDGAR DEF 14A, CIK 1302215 | $11.2M | $208K | 54:1 | 2024 |
| StoneX Group Inc.SEC EDGAR DEF 14A, CIK 913760 | $5.0M | $95K | 53:1 | 2025 |
| Marketaxess Holdings IncSEC EDGAR DEF 14A, CIK 1278021 | - | - | 50:1 | 2023 |
| Piper Sandler CompaniesSEC EDGAR DEF 14A, CIK 1230245 | $11.0M | $228K | 49:1 | 2025 |
| Oppenheimer Holdings IncSEC EDGAR DEF 14A, CIK 791963 | - | - | 48:1 | 2025 |
| Navient CorpSEC EDGAR DEF 14A, CIK 1593538 | $5.6M | $140K | 40:1 | 2025 |
| Value Line IncSEC EDGAR DEF 14A, CIK 717720 | $3.1M | $82K | 38:1 | 2023 |
| Acadian Asset Management Inc.SEC EDGAR DEF 14A, CIK 1748824 | $293K | $293K | 36:1 | 2025 |
| Marketaxess Holdings IncSEC EDGAR DEF 14A, CIK 1278021 | - | - | 35:1 | 2025 |
| Virtu Financial, Inc.SEC EDGAR DEF 14A, CIK 1592386 | $8.3M | $255K | 32:1 | 2023 |
| Evercore Inc.SEC EDGAR DEF 14A, CIK 1360901 | $13.6M | $425K | 32:1 | 2025 |
| WisdomTree, Inc.SEC EDGAR DEF 14A, CIK 880631 | $6.7M | $223K | 30:1 | 2025 |
| Carlyle Group Inc.SEC EDGAR DEF 14A, CIK 1527166 | $7.3M | $250K | 29:1 | 2025 |
| Artisan Partners Asset Management Inc.SEC EDGAR DEF 14A, CIK 1517302 | $6.6M | $245K | 27:1 | 2023 |
| Hamilton Lane INCSEC EDGAR DEF 14A, CIK 1433642 | $3.9M | $148K | 26:1 | 2023 |
| Houlihan Lokey, Inc.SEC EDGAR DEF 14A, CIK 1302215 | - | - | 25:1 | 2023 |
| WisdomTree, Inc.SEC EDGAR DEF 14A, CIK 880631 | $4.4M | $182K | 24:1 | 2021 |
| BRC Group Holdings, Inc.SEC EDGAR DEF 14A, CIK 1464790 | $2.1M | $89K | 24:1 | 2024 |
| Silvercrest Asset Management Group Inc.SEC EDGAR DEF 14A, CIK 1549966 | - | - | 23:1 | 2023 |
| Artisan Partners Asset Management Inc.SEC EDGAR DEF 14A, CIK 1517302 | $5.6M | $267K | 21:1 | 2025 |
| Greenhill & Co IncSEC EDGAR DEF 14A, CIK 1282977 | $215K | $215K | 21:1 | 2022 |
| Silvercrest Asset Management Group Inc.SEC EDGAR DEF 14A, CIK 1549966 | - | - | 16:1 | 2025 |
| TPG Inc.SEC EDGAR DEF 14A, CIK 1880661 | $29.9M | $302K | 9:1 | 2025 |
| TPG Inc.SEC EDGAR DEF 14A, CIK 1880661 | $198.7M | $291K | 8:1 | 2023 |
| Diamond Hill Investment Group IncSEC EDGAR DEF 14A, CIK 909108 | $2.5M | $351K | 7:1 | 2023 |
| Cohen & Steers, Inc.SEC EDGAR DEF 14A, CIK 1284812 | $1.5M | $246K | 6:1 | 2023 |
| Virtus Investment Partners, Inc.SEC EDGAR DEF 14A, CIK 883237 | $6.6M | $249K | 6:1 | 2023 |
| Moelis & CoSEC EDGAR DEF 14A, CIK 1596967 | $260K | $260K | 5:1 | 2025 |
| Moelis & CoSEC EDGAR DEF 14A, CIK 1596967 | $298K | $298K | 4:1 | 2023 |
| Acadian Asset Management Inc.SEC EDGAR DEF 14A, CIK 1748824 | $754K | $251K | 3:1 | 2023 |
| PJT Partners Inc.SEC EDGAR DEF 14A, CIK 1626115 | $1.2M | $387K | 3:1 | 2025 |
| PJT Partners Inc.SEC EDGAR DEF 14A, CIK 1626115 | $874K | $437K | 2:1 | 2023 |
| Evercore Inc.SEC EDGAR DEF 14A, CIK 1360901 | $249K | $249K | 1:1 | 2023 |
| Navient CorpSEC EDGAR DEF 14A, CIK 1593538 | - | - | 1:1 | 2023 |
Frequently Asked Questions
What's the typical pay ratio in Security & Commodity Brokers? ▼
How much do Security & Commodity Brokers CEOs earn? ▼
How many companies report CEO pay in Security & Commodity Brokers? ▼
Where does this Security & Commodity Brokers pay data come from? ▼
Why is the average pay ratio much higher than the median in Security & Commodity Brokers? ▼
Read our methodology - how this data is sourced, computed, and verified.
Related
Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Industry benchmarks are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.