
Most productive bank advisers by TPM
As part of our monthly InDepth series, we focused on TPMs this time. In this package, we have articles on Raymond James and LPL, as well as Cetera, which came in second on both production per adviser and total bank channel revenue. We also have a 30,000 foot view of the history of the TPM industry, contributed by Kehrer Bielan. But for a quick overview of the numbers, click through to see how each firm ranked.

10. Securities America
Bank investment services revenue: $22 million
% of revenue from fee business: 25%

9. Investment Centers of America
Bank investment services revenue: $65 million
% of revenue from fee business: 16%

8. Investment Professionals
Bank investment services revenue: $64 million
% of revenue from fee business: 13%

7. Infinex Financial Group*
Bank investment services revenue: $107 million
% of revenue from fee business: 9%
- Acquired Essex in 2015

6. Invest Financial
Bank investment services revenue: $92 million
% of revenue from fee business: 17%

5. CUSO Financial Services
Bank investment services revenue: $174 million
% of revenue from fee business: 13%

4. LPL Financial
Bank investment services revenue: $622 million
% of revenue from fee business: 23%

3. CUNA Brokerage Services
Bank investment services revenue: $154 million
% of revenue from fee business: 10%

2. Cetera*
Bank investment services revenue: $300 million
% of revenue from fee business: 8%
- Changed its name of Aretec in May 2016

1. Raymond James
Bank investment services revenue: $285 million
% of revenue from fee business: 37%