Bank advisor productivity hit its lowest level of the year when it dropped 14% to $14,712 in November from October’s $17,437.

“That’s just ugly,” says Heywood Sloane, a managing director at the Bank Insurance and Securities Association, which produces the monthly benchmarking report these numbers are culled from. Platform rep productivity fell 13% from $821 to $716 over the same period last year.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access