Among the 50 biggest independent broker-dealers, the average payout ranges from under $150K to almost $500K. But at some firms, payout is growing fast.
Here Financial Planning ranks the IBDs with the fastest-growing payout. See which firms reported over 20% growth -- and what their average payout is.
Data is as of year-end 2014; scroll below to see the list or click
10. KMS Financial Services
FP50 Rank: 52
Average Payout: $248,391
Growth: 15.68%
9. J.W. Cole Financial
FP50 Rank: 56
Average Payout: $167,788
Growth: 16.65%
8. American Portfolios Financial Services
FP50 Rank: 31
Average Payout: $190,883
Growth: 16.71%
7. CUNA Brokerage Services
FP50 Rank: 37
Average Payout: $129,400
Growth: 16.78%
6. Northwestern Mutual
FP50 Rank: 7
Average Payout: $93,696
Growth: 17.56%
5. Larson Financial
FP50 Rank: 67
Average Payout: $171,668
Growth: 19.86%
4. M Holdings Securities
FP50 Rank: 35
Average Payout: $288,236
Growth: 21.93%
3. J.P. Turner
FP50 Rank: 54
Average Payout: $228,921
Growth: 25.09%
2. Signator Investors
FP50 Rank: 23
Average Payout: $190,059
Growth: 25.45%
1. Geneos Wealth Management
FP50 Rank: 46
Average Payout: $447,362
Growth: 26.90%
Read more: