Top Bank Advisors by AUM
March 3, 2015 8:05 AM
Top Bank Advisors by AUM
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 assets-under-management. The numbers after their names show where they ranked on our original lists.
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 assets-under-management. The numbers after their names show where they ranked on our original lists.
25. Doug Leonzi (49)
Bank: National Penn Bank
Location: Allentown, Pa.
TPM: Cetera
2014 AUM: $234 million
2014 production: $1.4 million
Fee-based business: 65%
Total years as advisor: 14
Location: Allentown, Pa.
TPM: Cetera
2014 AUM: $234 million
2014 production: $1.4 million
Fee-based business: 65%
Total years as advisor: 14
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-based business: 82%
Total years as advisor: 11
Location: Herndon, Va.
TPM: LPL Financial
2014 AUM: $240.5 million
2014 production: $2.1 million
Fee-based business: 82%
Total years as advisor: 11
23. Randall McCright (66)
Bank: Wells Fargo
Location: Cedar Rapids, Iowa
TPM: none
2014 AUM: $247.8 million
2014 Production: $1.7 million
% of fee business: 92
Years as financial advisor: 10
Location: Cedar Rapids, Iowa
TPM: none
2014 AUM: $247.8 million
2014 Production: $1.7 million
% of fee business: 92
Years as financial advisor: 10
22. Tracy Duncan (95)
Bank: Allegacy Federal Credit Union
Location: Winston-Salem, N.C.
TPM: CUSO Financial Services
2014 AUM: $250 million
2014 Production: $1.7 million
% of fee business: 51
Years as financial advisor: 22
Location: Winston-Salem, N.C.
TPM: CUSO Financial Services
2014 AUM: $250 million
2014 Production: $1.7 million
% of fee business: 51
Years as financial advisor: 22
21. Brad Goldberg (55)
Bank: Citibank
Location: Chicago
TPM: none
2014 AUM: $259.5 million
2014 Production: $1.8 million
% of fee business: 50
Years as advisor: 21
Location: Chicago
TPM: none
2014 AUM: $259.5 million
2014 Production: $1.8 million
% of fee business: 50
Years as advisor: 21
20. Adam Nieto (35)
Bank: Fremont Bank
Location: Freemont, Calif.
TPM: Sorrento Pacific Financial
2014 AUM: $279.3 million
2014 production: $2.7 million
Fee-based business: 1%
Total years as advisor: 25
Location: Freemont, Calif.
TPM: Sorrento Pacific Financial
2014 AUM: $279.3 million
2014 production: $2.7 million
Fee-based business: 1%
Total years as advisor: 25
19. 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 advisor: 14
Years in current job: 14
Location: Raleigh, N.C.
TPM: none
2014 AUM: $281.1 million
2014 production: $2.1 million
Fee business: 95%
Total years as advisor: 14
Years in current job: 14
18. Joseph Barreca (37)
Bank: Iberia Bank
Location: New Orleans, La.
TPM: Essex National Securities
2014 AUM: $300 million
2014 production: $2.1 million
Fee-based business: 25%
Total years as advisor: 15
Location: New Orleans, La.
TPM: Essex National Securities
2014 AUM: $300 million
2014 production: $2.1 million
Fee-based business: 25%
Total years as advisor: 15
17. William Murphy (36)
Bank: Wells Fargo
Location: The Woodlands, Texas
TPM: none
2014 AUM: $300 million
2014 production: $1.8 million
Fee-based business: 75%
Total years as advisor: 10
Location: The Woodlands, Texas
TPM: none
2014 AUM: $300 million
2014 production: $1.8 million
Fee-based business: 75%
Total years as advisor: 10
16. 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 advisor: 27
Location: Clive, Iowa
TPM: none
2014 AUM: $312.3 million
2014 production: $3.2 million
Fee business: 99%
Total years as advisor: 27
15. Joseph Nelson (51)
Bank: Wells Fargo
Location: Menlo Park, Calif.
TPM: none
2014 AUM: $316.3 million
2014 Production: $1.9 million
% of fee business: 89%
Years as financial advisor: 24
Location: Menlo Park, Calif.
TPM: none
2014 AUM: $316.3 million
2014 Production: $1.9 million
% of fee business: 89%
Years as financial advisor: 24
14. Robert Sasser (58)
Bank: Wells Fargo
Location: Florence, S.C.
TPM: none
2014 AUM: $337 million
2014 Production: $1.3 million
% of fee business: 80%
Years as financial advisor: 22
Location: Florence, S.C.
TPM: none
2014 AUM: $337 million
2014 Production: $1.3 million
% of fee business: 80%
Years as financial advisor: 22
13. 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 advisor: 14
Location: Granada Hills, Calif.
TPM: none
2014 AUM: $371.9 million
2014 production: $3.4 million
Fee business: 92%
Total years as advisor: 14
12. Frederick Greene (26)
Bank: Woodforest National Bank
Location: The Woodlands, Texas
TPM: Raymond James
2014 AUM: $375.8 million
2014 production: $2.3 million
Fee-based business: 41%
Total years as advisor: 31
Years in current job: 11
Location: The Woodlands, Texas
TPM: Raymond James
2014 AUM: $375.8 million
2014 production: $2.3 million
Fee-based business: 41%
Total years as advisor: 31
Years in current job: 11
11. Angela Ostendarp (33)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 AUM: $394.5 million
2014 production: $2.8 million
Fee-based business: 79%
Total years as advisor: 20
Location: Charlotte, N.C.
TPM: none
2014 AUM: $394.5 million
2014 production: $2.8 million
Fee-based business: 79%
Total years as advisor: 20
10. Randall Krenzin (74)
Bank: Wells Fargo
Location: San Jose, Calif.
TPM: none
2014 AUM: $401 million
2014 Production: $2.8 million
% of fee business: 80
Years as financial advisor: 21
Location: San Jose, Calif.
TPM: none
2014 AUM: $401 million
2014 Production: $2.8 million
% of fee business: 80
Years as financial advisor: 21
9. Andrew Vahab (18)
Bank: Citibank
Location: New York
TPM: none
2014 AUM: $452.5 million
2014 production: $3.1 million
Fee-based business: 65%
Total years as advisor: 13
Location: New York
TPM: none
2014 AUM: $452.5 million
2014 production: $3.1 million
Fee-based business: 65%
Total years as advisor: 13
8. Robert Reich (7)
Bank: Wells Fargo
Location: McLean, Va.
TPM: none
2014 AUM: $496 million
2014 production: $3.2 million
Fee-based business: 92%
Total years as advisor: 22
Location: McLean, Va.
TPM: none
2014 AUM: $496 million
2014 production: $3.2 million
Fee-based business: 92%
Total years as advisor: 22
7. Seth Marcus (71)
Bank: Citibank
Location: New York
TPM: none
2014 AUM: $497.5 million
2014 Production: $2.8 million
% of fee business: 40
Years as financial advisor: 17
Location: New York
TPM: none
2014 AUM: $497.5 million
2014 Production: $2.8 million
% of fee business: 40
Years as financial advisor: 17
6. 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 advisor: 17
Location: Herndon, Va.
TPM: LPL Financial
2014 AUM: $508.9 million
2014 production: $4.8 million
Fee business: 90%
Total years as advisor: 17
5. Kathleen Malone (52)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 AUM: $551.5 million
2014 Production: $2.4 million
% of fee business: 91%
Years as financial advisor: 32
Location: Charlotte, N.C.
TPM: none
2014 AUM: $551.5 million
2014 Production: $2.4 million
% of fee business: 91%
Years as financial advisor: 32
4. Jennifer Garcia (67)
Bank: Wells Fargo
Location: Encino, Calif.
TPM: none
2014 AUM: $599.3
2014 Production: $2.3 million
% of fee business: 78
Years as financial advisor: 21
Location: Encino, Calif.
TPM: none
2014 AUM: $599.3
2014 Production: $2.3 million
% of fee business: 78
Years as financial advisor: 21
3. Matt Fryar (61)
Bank: Wells Fargo
Des Moines, Iowa
TPM: none
2014 AUM: $603 million
2014 Production: $4.1 million
% of fee business: 96%
Years as financial advisor: 18
Des Moines, Iowa
TPM: none
2014 AUM: $603 million
2014 Production: $4.1 million
% of fee business: 96%
Years as financial advisor: 18
2. Michael Abrams (21)
Bank: Wells Fargo
Location: Palo Alto, Calif.
TPM: none
2014 AUM: $1.0 billion
2014 production: $3.6 million
Fee-based business: 84%
Total years as advisor: 25
Location: Palo Alto, Calif.
TPM: none
2014 AUM: $1.0 billion
2014 production: $3.6 million
Fee-based business: 84%
Total years as advisor: 25
1. William Oliver (8)
Bank: Wells Fargo
Location: Charlotte, N.C.
TPM: none
2014 AUM: $1.04 billion
2014 production: $5.9 million
Fee-based business: 87%
Total years as advisor: 17
Location: Charlotte, N.C.
TPM: none
2014 AUM: $1.04 billion
2014 production: $5.9 million
Fee-based business: 87%
Total years as advisor: 17
