NU Online News Service, April 25, 2005, 4:10 p.m. EDT
The securities brokerage business in community banks and credit unions showed a slight improvement in February over last year, according to the research firm Kenneth Kehrer Associates, Princeton, N.J.[@@]
The average gross brokerage revenue per financial advisor, including trail commissions and managed money fees, was $22,075, less than 5% above the level of $20,761 achieved in February 2004, according to Kehrer.