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.