Which IBDs Have the Highest Average Payout?
June 23, 2014 5:09 PM
Which IBDs Have the Highest Average Payout?
High compensation tends to draw top producers. So how do advisors fare at the various independent broker-dealers? The FP50 tracks payout across the top firms; click through to see the independent B-Ds with the highest average payout, or see the list in a one-page version here.
1. Ameriprise Financial
FP50 rank: 2
Average payout ($000): 432
% of Reps Producing >$500K: n/a
Average payout ($000): 432
% of Reps Producing >$500K: n/a
2. Commonwealth Financial Network
FP50 rank: 4
Average payout ($000): 424
% of Reps Producing >$500K: 28
Average payout ($000): 424
% of Reps Producing >$500K: 28
3. Wells Fargo Advisors Financial Network
FP50 rank: 5
Average payout ($000): 422
% of Reps Producing >$500K: 36
Average payout ($000): 422
% of Reps Producing >$500K: 36
4. Geneos Wealth Management
FP50 rank: 47
Average payout ($000): 370
% of Reps Producing >$500K: 22
Average payout ($000): 370
% of Reps Producing >$500K: 22
5. VSR Financial Service
FP50 rank: 46
Average payout ($000): 334
% of Reps Producing >$500K: 21
Average payout ($000): 334
% of Reps Producing >$500K: 21
6. Prospera Financial Services
FP50 rank: 67
Average payout ($000): 303
% of Reps Producing >$500K: n/a
Average payout ($000): 303
% of Reps Producing >$500K: n/a
7. First Allied Securities
FP50 rank: 23
Average payout ($000): 302
% of Reps Producing >$500K: 16
Average payout ($000): 302
% of Reps Producing >$500K: 16
8. Raymond James Financial Services
FP50 rank: 3
Average payout ($000): 295
% of Reps Producing >$500K: 25
Average payout ($000): 295
% of Reps Producing >$500K: 25
9. Founders Financial Securities
FP50 rank: 71
Average payout ($000): 284
% of Reps Producing >$500K: 14
Average payout ($000): 284
% of Reps Producing >$500K: 14
10. SII Investments
FP50 rank: 30
Average payout ($000): 269
% of Reps Producing >$500K: 16
Average payout ($000): 269
% of Reps Producing >$500K: 16
