Financial Advisor Compensation Plan Survey Analysis
Financial Advisor Compensation Plan Survey Analysis (2013)
Improved advisor productivity is the primary source of increased revenue this year, and the driver behind that is how advisors are paid. How do your compensation plans stack up against the competition?
KBR&C is providing the definitive industry resource on advisor compensation in a tool that enables you to make side-by-side comparisons of 63 current compensation plans representing 48 banks and credit unions. The advisors covered by these plans account for about 40 percent of all advisors working in banks and credit unions across the country. Click here for a list of the institutions covered by this survey.
The compensation plans are presented side-by-side in a spreadsheet, on a blind basis. You will see base salary and draw amounts, payout rates and their corresponding production levels, the effective payout rate to advisors inclusive of salary, and the special incentive components used to drive fee-based business and insurance and to increase productivity.
To help you better understand current trends in the structure of compensation plans, and the factors that influence variations, we also provide a narrative analysis of financial advisor incentive plans.
Arvest Asset Management
Golden 1 Credit Union
This study was published under Kehrer Bielan Research & Consulting’s previous name. You will see references to Kehrer Saltzman & Associates / “KSA” throughout the text.
$250.00 – $1,500.00