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.
Yet bank ad