Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Small Bank Brokerage Sales Swell

Your article was successfully shared with the contacts you provided.

Community bank brokerage revenue was 11% higher in November 2005 than it was in November 2004.

Kenneth Kehrer Associates, Princeton, N.J., says the increase pushed its community bank brokerage revenue index to 123, up from 111 a year earlier. Kehrer set the index at 100 in 2002.

Average monthly sales per financial consultant, excluding trailer and advisory fees, jumped to $24,507, from $15,262. With fees included, income rose to $27,694, from $20,028.

The Kehrer community bank brokerage survey covers banks and credit unions with assets under $4 billion.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.