Sponsored By
Wealth Management Magazine features the best of WealthManagement.com, including news, trends, topics and research important to financial advisors.
Then and NowThen and Now
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
Tracy Herman
July 1, 2001
1 Min Read
Tracy Herman
Chart the changes with this collection of telling statistics about brokers, investment products and the market.
| 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 | ||
| 1976 | March 2001 | |
|---|---|---|
| Member Firms | 2,877 | 5,581 |
| Registered Reps | 190,862 | 677,156 |
| SOURCE: NASD | ||
| 1976 | April 2001 | |
|---|---|---|
| Licensed CFPs | 530 | 37,200 |
| SOURCES: THE COLLEGE FOR FINANCIAL PLANNING AND THE CFP BOARD | ||
| 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 | ||
| 1980 | 1999 | |
|---|---|---|
| Nasdaq | $122.4 billion | $5.2 trillion |
| NYSE | $1.2 trillion | $12.3 trillion |
| SOURCE: SECURITIES INDUSTRY ASSOCIATION | ||
| 1976 | 2000 | |
|---|---|---|
| Nasdaq | 2 | 443 |
| NYSE | 5 | 262 |
| SOURCE: SECURITIES INDUSTRY ASSOCIATION | ||
| 1976 | February 2001 | |
|---|---|---|
| Number of Funds | 452 | 8,197 |
| Total Net Assets | $51.3 million | $6.9 trillion |
| SOURCE: INVESTMENT COMPANY INSTITUTE | ||
| 1980 | 2000 | |
|---|---|---|
| U.S. Households | 4.6 million | 50.6 million |
| Percent of Population | 5.7% | 49% |
| SOURCE: INVESTMENT COMPANY INSTITUTE | ||
| 1982 | 2001 | |
|---|---|---|
| 401(k) plans | $10 billion | $1.9 trillion* |
| IRAs | $66.3 billion | $2.64 trillion* |
| * ESTIMATE | ||
| SOURCE: CERULLI ASSOCIATES | ||
About the Author
Latest news
Apr 1 - Apr 2, 2025
Apr 1 - Apr 2, 2025
Learn from top leaders tackling growth, pay, and personnel challenges daily.
Learn More