Average Production of Financial Advisors

January 18th, 2022, 12:00 AM

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. 

  1. LPL Financial 
  • Financial advisors: 19,627 
  • Average revenue per advisor: $324,000 

  1. Ameriprise Financial Inc. 
  • Financial advisors; 10,073 
  • Average revenue per advisor: $756,000 

  1. Wells Fargo Advisors 
  • Financial advisors: 12,552 
  • Average revenue per advisor: $1.14 million 

  1. UBS 
  • Financial Advisors: 6,266 
  • Average revenue per advisor: $1.7 million 

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.

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Blog

Average Production of Financial Advisors

January 18th, 2022, 12:00 AM

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. 

  1. LPL Financial 
  • Financial advisors: 19,627 
  • Average revenue per advisor: $324,000 

  1. Ameriprise Financial Inc. 
  • Financial advisors; 10,073 
  • Average revenue per advisor: $756,000 

  1. Wells Fargo Advisors 
  • Financial advisors: 12,552 
  • Average revenue per advisor: $1.14 million 

  1. UBS 
  • Financial Advisors: 6,266 
  • Average revenue per advisor: $1.7 million 

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.

Return to All