InvestmentNews reviewed company filings from the Fall to see how much annual revenue, in the form of advisory fees and sales commissions, financial advisors at publicly traded firms generated. Not all publicly traded firms are included in the list. The following figures are for the 12 months ending Sept. 30.
- LPL Financial
- Financial advisors: 19,627
- Average revenue per advisor: $324,000
- Ameriprise Financial Inc.
- Financial advisors; 10,073
- Average revenue per advisor: $756,000
- Wells Fargo Advisors
- Financial advisors: 12,552
- Average revenue per advisor: $1.14 million
- UBS
- Financial Advisors: 6,266
- Average revenue per advisor: $1.7 million
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