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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 20, 2005 at 08:00 PM
Bank brokerage revenue improved slightly in August over year-earlier levels.[@@]
The Kehrer-Invest Index of community bank brokerage revenue improved to 122 in August, compared to 120 in August 2004. The index, compiled by Kenneth Kehrer Associates, Princeton, N.J., is based on a standard of 100 set in 2002.
The average gross brokerage revenue per financial consultant, including commissions and fees, was $19,335 in August, down 13% from the total recorded a year earlier.
Excluding trailer and advisory fees, August revenue was $17,142, down 9% the August 2004 total.
The revenue drop was due in part to lower market values for client assets, says Lynn Niedermeier, president, Invest Financial Corp., sponsor of the survey. Invest is a subsidiary of Jackson National Life Insurance Company, Lansing, Mich.
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