Top Bank Advisors by Production
March 2, 2015 3:20 PM
Top Bank Advisors by Production
Our popular BIC Top 50 ranks the top bank advisors on six variables combined into a weighted average. Those variables include: (1) 2014 AUM; (2) trailing-12 production; (3) % change in AUM from previous year; (4) % change in trailing-12; (5) amount of fee-based business; and (6) ratio of production-per-AUM. As a special online feature, we also listed The Next 50, a list of the advisors who ranked 51 through 100 in our final analysis.
Here we take a fresh look at all 100 advisors (The Top 50 and The Next 50) and list the top 25 based on solely on their annual production. The numbers after their names show where they ranked on our original lists. Scroll through or view the list in a single-page here.
Here we take a fresh look at all 100 advisors (The Top 50 and The Next 50) and list the top 25 based on solely on their annual production. The numbers after their names show where they ranked on our original lists. Scroll through or view the list in a single-page here.
25. Patrick Varney (5)
Bank: Bank of Colorado
Location: Windsor, Colo.
TPM: Raymond James
2014 production: $1.99 million
2014 AUM: $230 million
Fee-based business: 66%
Total years as advisor: 14
Location: Windsor, Colo.
TPM: Raymond James
2014 production: $1.99 million
2014 AUM: $230 million
Fee-based business: 66%
Total years as advisor: 14
24. Eric Kohlmeier (59)
Bank: Wells Fargo
Location: Park Ridge, N.J.
TPM: none
2014 production: $2 million
2014 AUM: $230 million
Fee-based business: 75%
Total years as advisor: 29
Location: Park Ridge, N.J.
TPM: none
2014 production: $2 million
2014 AUM: $230 million
Fee-based business: 75%
Total years as advisor: 29
23. Jason Mayer (28)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 production: $2.04 million
2014 AUM: $233 million
Fee-based business: 76%
Total years as advisor: 15
Location: Charlotte, N.C.
TPM: none
2014 production: $2.04 million
2014 AUM: $233 million
Fee-based business: 76%
Total years as advisor: 15
22. Raymond Beloin (16)
Bank: Webster Bank
Location: Bristol, Conn.
TPM: LPL Financial
2014 production: $2.06 million
2014 AUM: $177.1 million
Fee-based business: 60%
Total years as advisor: 20
Location: Bristol, Conn.
TPM: LPL Financial
2014 production: $2.06 million
2014 AUM: $177.1 million
Fee-based business: 60%
Total years as advisor: 20
21. Joseph Barreca (37)
Bank: Iberia Bank
Location: New Orleans, La.
TPM: Essex National Securities
2014 production: $2.10 million
2014 AUM: $300 million
Fee-based business: 25%
Total years as advisor: 15
Location: New Orleans, La.
TPM: Essex National Securities
2014 production: $2.10 million
2014 AUM: $300 million
Fee-based business: 25%
Total years as advisor: 15
20. James Christy (10)
Bank: Northwest Federal Credit Union
Location: Herndon, Va.
TPM: LPL Financial
2014 production: $2.11 million
2014 AUM: $240.5 million
Fee-based business: 82%
Total years as advisor: 11
Location: Herndon, Va.
TPM: LPL Financial
2014 production: $2.11 million
2014 AUM: $240.5 million
Fee-based business: 82%
Total years as advisor: 11
19. Garrett Stringer (4)
Bank: Wells Fargo
Location: Raleigh, N.C.
TPM: none
2014 production: $2.13 million
2014 AUM: $281.1 million
Fee-based business: 95%
Total years as advisor: 14
Location: Raleigh, N.C.
TPM: none
2014 production: $2.13 million
2014 AUM: $281.1 million
Fee-based business: 95%
Total years as advisor: 14
18. Cynthia Giovacchino (25)
Bank: Webster Bank
Location: Ansonia, Conn.
TPM: LPL Financial
2014 production: $2.2 million
2014 AUM: $109 million
Fee-based business: 25%
Total years as advisor: 15
Location: Ansonia, Conn.
TPM: LPL Financial
2014 production: $2.2 million
2014 AUM: $109 million
Fee-based business: 25%
Total years as advisor: 15
17. Jennifer Garcia (67)
Bank: Wells Fargo
Location: Encino, Calif.
TPM: none
2014 production: $2.28 million
2014 AUM: $599.3
Fee-based business: 78
Total years as advisor: 21
Location: Encino, Calif.
TPM: none
2014 production: $2.28 million
2014 AUM: $599.3
Fee-based business: 78
Total years as advisor: 21
16. Frederick Greene (26)
Bank: Woodforest National Bank
Location: The Woodlands, Texas
TPM: Raymond James
2014 production: $2.32 million
2014 AUM: $375.8 million
Fee-based business: 41%
Total years as advisor: 31
Location: The Woodlands, Texas
TPM: Raymond James
2014 production: $2.32 million
2014 AUM: $375.8 million
Fee-based business: 41%
Total years as advisor: 31
15. Kathleen Malone (52)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 production: $2.4 million
2014 AUM: $551.5 million
Fee-based business: 91%
Total years as advisor: 32
Location: Charlotte, N.C.
TPM: none
2014 production: $2.4 million
2014 AUM: $551.5 million
Fee-based business: 91%
Total years as advisor: 32
14. Eden DeMar (82)
Bank: Citibank
Location: New York, NY
TPM: none
2014 production: $2.5 million
2014 AUM: $147 million
Fee-based business: 40
Total years as advisor: 13
Location: New York, NY
TPM: none
2014 production: $2.5 million
2014 AUM: $147 million
Fee-based business: 40
Total years as advisor: 13
13. Kevin Dunnigan (23)
Bank: Home State Bank
Location: Loveland, Colo.
TPM: Investment Centers of America
2014 production: $2.6 million
2014 AUM: $229.9 million
Fee-based business: 1%
Total years as advisor: 30
Location: Loveland, Colo.
TPM: Investment Centers of America
2014 production: $2.6 million
2014 AUM: $229.9 million
Fee-based business: 1%
Total years as advisor: 30
12. Adam Nieto (35)
Bank: Fremont Bank
Location: Freemont, Calif.
TPM: Sorrento Pacific Financial
2014 production: $2.7 million
2014 AUM: $279.3 million
Fee-based business: 1%
Total years as advisor: 25
Location: Freemont, Calif.
TPM: Sorrento Pacific Financial
2014 production: $2.7 million
2014 AUM: $279.3 million
Fee-based business: 1%
Total years as advisor: 25
11. Seth Marcus (71)
Bank: Citibank
Location: New York
TPM: none
2014 production: $2.80 million
2014 AUM: $497.5 million
Fee-based business: 40
Total years as advisor: 17
Location: New York
TPM: none
2014 production: $2.80 million
2014 AUM: $497.5 million
Fee-based business: 40
Total years as advisor: 17
10. Angela Ostendarp (33)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 production: $2.81 million
2014 AUM: $394.5 million
Fee-based business: 79%
Total years as advisor: 20
Location: Charlotte, N.C.
TPM: none
2014 production: $2.81 million
2014 AUM: $394.5 million
Fee-based business: 79%
Total years as advisor: 20
9. Randall Krenzin (74)
Bank: Wells Fargo
Location: San Jose, Calif.
TPM: none
2014 production: $2.85 million
2014 AUM: $401 million
Fee-based business: 80
Total years as advisor: 21
Location: San Jose, Calif.
TPM: none
2014 production: $2.85 million
2014 AUM: $401 million
Fee-based business: 80
Total years as advisor: 21
8. Andrew Vahab (18)
Bank: Citibank
Location: New York
TPM: none
2014 production: $3.1 million
2014 AUM: $452.5 million
Fee-based business: 65%
Total years as advisor: 13
Location: New York
TPM: none
2014 production: $3.1 million
2014 AUM: $452.5 million
Fee-based business: 65%
Total years as advisor: 13
7. Robert Reich (7)
Bank: Wells Fargo
Location: McLean, Va.
TPM: none
2014 production: $3,222,057
2014 AUM: $496 million
Fee-based business: 92%
Total years as advisor: 22
Location: McLean, Va.
TPM: none
2014 production: $3,222,057
2014 AUM: $496 million
Fee-based business: 92%
Total years as advisor: 22
6. Joel Worsfold (2)
Bank: Wells Fargo
Location: Clive, Iowa
TPM: none
2014 production: $3,222,890
2014 AUM: $312.3 million
Fee-based business: 99%
Total years as advisor: 27
Location: Clive, Iowa
TPM: none
2014 production: $3,222,890
2014 AUM: $312.3 million
Fee-based business: 99%
Total years as advisor: 27
5. Emile Abinader (3)
Bank: Citibank
Location: Granada Hills, Calif.
TPM: none
2014 production: $3.4 million
2014 AUM: $371.9 million
Fee-based business: 92%
Total years as advisor: 14
Location: Granada Hills, Calif.
TPM: none
2014 production: $3.4 million
2014 AUM: $371.9 million
Fee-based business: 92%
Total years as advisor: 14
4. Michael Abrams (21)
Bank: Wells Fargo
Location: Palo Alto, Calif.
TPM: none
2014 production: $3.6 million
2014 AUM: $1 billion
Fee-based business: 84%
Total years as advisor: 25
Location: Palo Alto, Calif.
TPM: none
2014 production: $3.6 million
2014 AUM: $1 billion
Fee-based business: 84%
Total years as advisor: 25
3. Matt Fryar (61)
Bank: Wells Fargo
Location: Des Moines, Iowa
TPM: none
2014 production: $4.1 million
2014 AUM: $603 million
Fee-based business: 96%
Total years as advisor: 18
Location: Des Moines, Iowa
TPM: none
2014 production: $4.1 million
2014 AUM: $603 million
Fee-based business: 96%
Total years as advisor: 18
2. Russell Cesari (1)
Bank: Northwest Federal Credit Union
Location: Herndon, Va.
TPM: LPL Financial
2014 production: $4.8 million
2014 AUM: $508.9 million
Fee-based business: 90%
Total years as advisor: 17
Location: Herndon, Va.
TPM: LPL Financial
2014 production: $4.8 million
2014 AUM: $508.9 million
Fee-based business: 90%
Total years as advisor: 17
1. William Oliver (8)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 production: $5.9 million
2014 AUM: $1 billion
Fee-based business: 87%
Total years as advisor: 17
Location: Charlotte, N.C.
TPM: none
2014 production: $5.9 million
2014 AUM: $1 billion
Fee-based business: 87%
Total years as advisor: 17
