Largest Bank BDs Dominate Bank Annuity Market

Top 25 Firms Account for More than Half of All Financial Institution Annuity SalesAccording to new Kehrer Bielan research, the 25 largest bank broker dealers produced almost $22 billion in fixed and variable annuity premium last year, 57% of the total sold by all banks and credit unions.The ten largest third party broker dealers, which support annuity and investment sales in 2,559 banks and credit unions, accounted for 38% of the total annuity premium sold through financial institutions. The rem...  Read More...