Top Bank Advisors by Fee Business
March 3, 2015 2:02 PM
Top Bank Advisors by Fee Business
Our popular BIC Top 50 ranks the top bank advisors on six variables combined into a weighted average. Those variables include: (1) 2014 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 listed The Next 50, a list of the advisors who ranked 51 through 100 in our final analysis.
Here we take a fresh look at all 100 advisors (The Top 50 and The Next 50) and list the top 25 based on solely on the percentage of last year's production that came from fee business. We broke ties by next looking at their ranking in our original lists, which we show here after their names.
To view this content in a single-page version click here.
Here we take a fresh look at all 100 advisors (The Top 50 and The Next 50) and list the top 25 based on solely on the percentage of last year's production that came from fee business. We broke ties by next looking at their ranking in our original lists, which we show here after their names.
To view this content in a single-page version click here.
25. (tied) Randall Krenzin (74)
Bank: Wells Fargo
San Jose, Calif.
TPM: none
2014 AUM: $401 million
2014 production: $2.8 million
Fee business: 80%
Total years as financial advisor: 21
San Jose, Calif.
TPM: none
2014 AUM: $401 million
2014 production: $2.8 million
Fee business: 80%
Total years as financial advisor: 21
25. (tied) Robert Sasser (58)
Bank: Wells Fargo
Florence, S.C.
TPM: none
2014 AUM: $337 million
2014 production: $1.3 million
Fee business: 80%
Total years as financial advisor: 22
Florence, S.C.
TPM: none
2014 AUM: $337 million
2014 production: $1.3 million
Fee business: 80%
Total years as financial advisor: 22
25. (tied) Peter Shieh (17)
Bank: Citibank
Location: Rowland Heights, Calif.
TPM: none
2014 AUM: $231.6 million
2014 production: $1.6 million
Fee business: 80%
Total years as financial advisor: 12
Location: Rowland Heights, Calif.
TPM: none
2014 AUM: $231.6 million
2014 production: $1.6 million
Fee business: 80%
Total years as financial advisor: 12
24. James Christy (10)
Bank: Northwest Federal Credit Union
Location: Herndon, Va.
TPM: LPL Financial
2014 AUM: $240.5 million
2014 production: $2.1 million
Fee business: 82%
Total years as financial advisor: 11
Location: Herndon, Va.
TPM: LPL Financial
2014 AUM: $240.5 million
2014 production: $2.1 million
Fee business: 82%
Total years as financial advisor: 11
22. (tied) Gregory Scott (57)
Bank: Summit Bank
Panama City, Fla.
TPM: Raymond James
2014 AUM: $185.7 million
2014 production: $1.4 million
Fee business: 84%
Total years as financial advisor: 12
Panama City, Fla.
TPM: Raymond James
2014 AUM: $185.7 million
2014 production: $1.4 million
Fee business: 84%
Total years as financial advisor: 12
22. (tied) Michael Abram (21)
Bank: Wells Fargo
Location: Palo Alto, Calif.
TPM: none
2014 AUM: $1.0 billion
2014 production: $3.6 million
Fee business: 84%
Total years as financial advisor: 25
Location: Palo Alto, Calif.
TPM: none
2014 AUM: $1.0 billion
2014 production: $3.6 million
Fee business: 84%
Total years as financial advisor: 25
21. Christopher Barron (77)
Bank: Citibank
New York
TPM: none
2014 AUM: $149 million
2014 production: $1.1 million
Fee business: 85%
Total years as financial advisor: 16
New York
TPM: none
2014 AUM: $149 million
2014 production: $1.1 million
Fee business: 85%
Total years as financial advisor: 16
20. William Oliver (8)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 AUM: $1.04 billion
2014 production: $5.9 million
Fee business: 87%
Total years as financial advisor: 17
Location: Charlotte, N.C.
TPM: none
2014 AUM: $1.04 billion
2014 production: $5.9 million
Fee business: 87%
Total years as financial advisor: 17
15. (tied) John Evans (93)
Bank: Midwest One Bank
Iowa City, Iowa
TPM: LPL Financial
2014 AUM: $106.8 million
2014 production: $955,000
Fee business: 89%
Total years as financial advisor: 11
Iowa City, Iowa
TPM: LPL Financial
2014 AUM: $106.8 million
2014 production: $955,000
Fee business: 89%
Total years as financial advisor: 11
15. (tied) Peter Nielsen (76)
Bank: Citibank
New York
TPM: none
2014 AUM: $149 million
2014 production: $1.1 million
Fee business: 89%
Total years as financial advisor: 18
New York
TPM: none
2014 AUM: $149 million
2014 production: $1.1 million
Fee business: 89%
Total years as financial advisor: 18
15. (tied) Joseph Nelson (51)
Bank: Wells Fargo
Menlo Park, Calif.
TPM: none
2014 AUM: $316.3 million
2014 production: $1.9 million
Fee business: 89%
Total years as financial advisor: 24
Menlo Park, Calif.
TPM: none
2014 AUM: $316.3 million
2014 production: $1.9 million
Fee business: 89%
Total years as financial advisor: 24
15. (tied) Ward Welles (22)
Bank: Wells Fargo
Location: Denver, Colo.
TPM: none
2014 AUM: $120 million
2014 production: $1 million
Fee business: 89%
Total years as financial advisor: 20
Location: Denver, Colo.
TPM: none
2014 AUM: $120 million
2014 production: $1 million
Fee business: 89%
Total years as financial advisor: 20
15. (tied) Justin Mace (12)
Bank: Wells Fargo
Location: Corte Madera, Calif.
TPM: none
2014 AUM: $150 million
2014 production: $1.1 million
Fee business: 89%
Total years as financial advisor: 19
Location: Corte Madera, Calif.
TPM: none
2014 AUM: $150 million
2014 production: $1.1 million
Fee business: 89%
Total years as financial advisor: 19
12. (tied) Louis Papa (40)
Bank: Penn Liberty Bank
Location: Wayne, Pa.
TPM: SII Investments
2014 AUM: $127.7 million
2014 production: $1.2 million
Fee business: 90%
Total years as financial advisor: 18
Location: Wayne, Pa.
TPM: SII Investments
2014 AUM: $127.7 million
2014 production: $1.2 million
Fee business: 90%
Total years as financial advisor: 18
12. (tied) Matthew Griffin (32)
Bank: Family Trust Federal Credit Union
Location: Rock Hill, S.C.
TPM: LPL Financial
2014 AUM: $59 million
2014 production: $580,000
Fee business: 90%
Total years as financial advisor: 10
Location: Rock Hill, S.C.
TPM: LPL Financial
2014 AUM: $59 million
2014 production: $580,000
Fee business: 90%
Total years as financial advisor: 10
12. (tied) Russell Cesari (1)
Bank: Northwest Federal Credit Union
Location: Herndon, Va.
TPM: LPL Financial
2014 AUM: $508.9 million
2014 production: $4.8 million
Fee business: 90%
Total years as financial advisor: 17
Location: Herndon, Va.
TPM: LPL Financial
2014 AUM: $508.9 million
2014 production: $4.8 million
Fee business: 90%
Total years as financial advisor: 17
10. (tied) Paul Boscia (70)
Bank: Wells Fargo
Palo Alto, Calif.
TPM: none
2014 AUM: $233.1 million
2014 production: $1.8 million
Fee business: 91%
Total years as financial advisor: 22
Palo Alto, Calif.
TPM: none
2014 AUM: $233.1 million
2014 production: $1.8 million
Fee business: 91%
Total years as financial advisor: 22
10. (tied) Kathleen Malone (52)
Bank: Wells Fargo
Charlotte, N.C.
TPM: none
2014 AUM: $551.5 million
2014 production: $2.4 million
Fee business: 91%
Total years as financial advisor: 32
Charlotte, N.C.
TPM: none
2014 AUM: $551.5 million
2014 production: $2.4 million
Fee business: 91%
Total years as financial advisor: 32
7. (tied) Randall McCright (66)
Bank: Wells Fargo
Cedar Rapids, Iowa
TPM: none
2014 AUM: $247.8 million
2014 production: $1.7 million
Fee business: 92%
Total years as financial advisor: 10
Cedar Rapids, Iowa
TPM: none
2014 AUM: $247.8 million
2014 production: $1.7 million
Fee business: 92%
Total years as financial advisor: 10
7. (tied) Robert Reich (7)
Bank: Wells Fargo
Location: McLean, Va.
TPM: none
2014 AUM: $496 million
2014 production: $3.2 million
Fee business: 92%
Total years as financial advisor: 22
Location: McLean, Va.
TPM: none
2014 AUM: $496 million
2014 production: $3.2 million
Fee business: 92%
Total years as financial advisor: 22
7. (tied) Emile Abinader (3)
Bank: Citibank
Location: Granada Hills, Calif.
TPM: none
2014 AUM: $371.9 million
2014 production: $3.4 million
Fee business: 92%
Total years as financial advisor: 14
Location: Granada Hills, Calif.
TPM: none
2014 AUM: $371.9 million
2014 production: $3.4 million
Fee business: 92%
Total years as financial advisor: 14
6. Garrett Stringer (4)
Bank: Wells Fargo
Location: Raleigh, N.C.
TPM: none
2014 AUM: $281.1 million
2014 production: $2.1 million
Fee business: 95%
Total years as financial advisor: 14
Location: Raleigh, N.C.
TPM: none
2014 AUM: $281.1 million
2014 production: $2.1 million
Fee business: 95%
Total years as financial advisor: 14
4. (tied) Matt Fryar (61)
Bank: Wells Fargo
Des Moines, Iowa
TPM: none
2014 AUM: $603 million
2014 production: $4.1 million
Fee business : 96%
Total years as financial advisor: 18
Des Moines, Iowa
TPM: none
2014 AUM: $603 million
2014 production: $4.1 million
Fee business : 96%
Total years as financial advisor: 18
4. (tied) Debra Alberto (15)
Bank: Wells Fargo
Location: Clive, Iowa
TPM: none
2014 AUM: $211.6 million
2014 production: $1.5 million
Fee business: 96%
Total years as financial advisor: 25
Location: Clive, Iowa
TPM: none
2014 AUM: $211.6 million
2014 production: $1.5 million
Fee business: 96%
Total years as financial advisor: 25
2. (tied) Jeff Goble (34)
Bank: Citibank
Location: Huntington Beach, Calif.
TPM: none
2014 AUM: $127 million
2014 production: $1 million
Fee business: 97%
Total years as financial advisor: 20
Location: Huntington Beach, Calif.
TPM: none
2014 AUM: $127 million
2014 production: $1 million
Fee business: 97%
Total years as financial advisor: 20
2. (tied) James Hare (14)
Bank: Pinnacle Bank
Location: Nashville, Tenn.
TPM: Raymond James
2014 AUM: $138.3 million
2014 production: $1.1 million
Fee business: 97%
Total years as financial advisor: 16
Location: Nashville, Tenn.
TPM: Raymond James
2014 AUM: $138.3 million
2014 production: $1.1 million
Fee business: 97%
Total years as financial advisor: 16
1. Joel Worsfold (2)
Bank: Wells Fargo
Location: Clive, Iowa
TPM: none
2014 AUM: $312.3 million
2014 production: $3.2 million
Fee business: 99%
Total years as financial advisor: 27
Location: Clive, Iowa
TPM: none
2014 AUM: $312.3 million
2014 production: $3.2 million
Fee business: 99%
Total years as financial advisor: 27
