Compensation Survey
Crying All the Way to the Bank

Crying All the Way to the Bank

Bank advisors are the most productive in the industry, and the least satisfied

Wirehouse advisors and breakaway brokers get all the glory. But in REP.’s 2014 compensation survey, bank-based brokerage advisors are the ones with the highest production numbers and the most coveted clientele.

Bank brokers are the largest producers, coming in at an average $920,313 in 2013, the survey found. They also have the second largest client account size, at $922,541, and the second highest asset count at $170 million, topped in both only by RIAs.

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