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Condensed Consolidated Statements Of Operations (USD $)
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Revenue:    
Commissions $ 16,088,506 $ 16,916,508
Advisory fees 4,110,673 4,183,052
Other fee income 339,103 103,393
Other revenue 264,243 239,773
Total revenue 20,802,525 21,442,726
Expenses:    
Commissions and advisory fees 16,610,153 17,094,637
Compensation and benefits 1,579,260 2,103,025
Regulatory, legal and professional services 875,632 1,275,790
Brokerage, clearing and exchange fees 338,101 505,460
Technology and communications 296,978 368,832
Marketing and promotion 241,273 307,018
Occupancy and equipment 186,108 235,411
Other administrative 217,030 360,771
Interest 8,968 7,944
Total operating expenses 20,353,503 22,258,888
Operating income (loss) 449,022 (816,162)
Provision for income taxes 187,340 439,547
Net income (loss) $ 261,682 $ (1,255,709)
Basic and diluted net income (loss) per share $ 0.04 $ (0.19)
Weighted Average Shares used in basic and diluted per share calculations 6,750,743 6,585,174