Community bank brokerage revenues were up 19 points in June over a year earlier, although revenues per advisor were down.[@@]
The index of community bank brokerage revenues rose to 126 in June, up from 107 in June 2005, according to a survey by Kenneth Kehrer Associates, Princeton, N.J. The survey is sponsored by Invest Financial Inc., a broker-dealer in Tampa, Fla. and a unit of Jackson National Life Insurance Co., Lansing, Mich.
The index is based on a benchmark of 100 set in 2002.