Chart the changes with this collection of telling statistics about brokers, investment products and the market.
Broker Compensation | 1985* | 1999 |
|---|
| Gross Production | $206,000 | $350,566 |
| Payout Percentage | 38.6% | 35% |
| Broker Earnings | $79,575 | $121,448 |
| * FIRST YEAR FOR WHICH DATA WAS AVAILABLE |
| SOURCE: SECURITIES INDUSTRY ASSOCIATION |
Brokerage Firms and Brokers | 1976 | March 2001 |
|---|
| Member Firms | 2,877 | 5,581 |
| Registered Reps | 190,862 | 677,156 |
| SOURCE: NASD |
Certified Financial Planners | 1976 | April 2001 |
|---|
| Licensed CFPs | 530 | 37,200 |
| SOURCES: THE COLLEGE FOR FINANCIAL PLANNING AND THE CFP BOARD |
Composite Indexes | Year-end 1976 | April 30, 2001 |
|---|
| NYSE | 57.88 | 634.83 |
| Dow Jones | 1004.65 | 10734.90 |
| Nasdaq | 97.88 | 1855.33 |
| SOURCE: SECURITIES INDUSTRY ASSOCIATION |
Market Capitalization | 1980 | 1999 |
|---|
| Nasdaq | $122.4 billion | $5.2 trillion |
| NYSE | $1.2 trillion | $12.3 trillion |
| SOURCE: SECURITIES INDUSTRY ASSOCIATION |
Market Volume In billions of shares traded | 1976 | 2000 |
|---|
| Nasdaq | 2 | 443 |
| NYSE | 5 | 262 |
| SOURCE: SECURITIES INDUSTRY ASSOCIATION |
Mutual Fund Market | 1976 | February 2001 |
|---|
| Number of Funds | 452 | 8,197 |
| Total Net Assets | $51.3 million | $6.9 trillion |
| SOURCE: INVESTMENT COMPANY INSTITUTE |
Mutual Fund Ownership | 1980 | 2000 |
|---|
| U.S. Households | 4.6 million | 50.6 million |
| Percent of Population | 5.7% | 49% |
| SOURCE: INVESTMENT COMPANY INSTITUTE |
Retirement Plan Assets | 1982 | 2001 |
|---|
| 401(k) plans | $10 billion | $1.9 trillion* |
| IRAs | $66.3 billion | $2.64 trillion* |
| * ESTIMATE |
| SOURCE: CERULLI ASSOCIATES |
