Most productive bank advisers by TPM
Raymond James may not have the most bank advisers of all the TPMs, or the highest overall bank channel revenue (that would be LPL on both counts), but the St. Petersburg, Fla-based broker-dealer can boast the highest production per adviser. It also has the highest percentage of fee income of the TPMs analyzed in the latest copy of the Kehrer Bielan Annual TPM Report.
As part of our monthly InDepth series, we focused on TPMs this time. In this package, we have articles on Raymond James and LPL, as well as Cetera, which came in second on both production per adviser and total bank channel revenue. We also have a 30,000 foot view of the history of the TPM industry, contributed by Kehrer Bielan. But for a quick overview of the numbers, click through to see how each firm ranked.