Top Fee-Based Advisors
As advisors increasingly move toward a fee-based business model, BIC looks at the most successful advisors in channel. Here are the top 25 bank advisors based on their fee-based business alone.
Our popular “BIC Top 50” ranks the top bank advisors based on six variables combined into a weighted average. Those variables include: (1) 2013 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 debuted The Next 50, a list of the advisors who ranked 51 through 100 in our final analysis.
Here we take a new look at all 100 advisors (the Top 50 and the Next 50) with this ranking of the top 25 advisors based solely on the percentage of fee-based business. The numbers after their names show where they ranked on our original lists.
<p>25 (tie) Wayne Rogers (69) </p>
Bank: Wells Fargo
Fee business: 70%
2013 AUM: $220 million
2012 AUM: $184 million
2013 Production: $1.5 million
2012 Production: $1.2 million