How important is the wealth management business to banks? For some, it's so important they're willing to pay top dollar not only for advisors but also their wealth execs.
Of the 40 odd banks that own their broker-dealer, eight list their wealth management executives among their five highest paid officers, according to an analysis of their latest proxy statements.
These eight executives are with large banks as well as smaller regional banks. Here are all eight in ascending order by total compensation each earned in 2014. .
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