10 IBDs that earned the most fees in 2022
Over the last decade, the composition of the revenue taken in by independent broker-dealers has slowly shifted to include more money from fees and less from commissions. In 2022, that trend continued, with the top 25 IBDs bringing in 5% more in fees and 5% less in commissions than they had in 2021.
Click through to see the 10 IBDs that earned the most revenue from fees in 2022. The data were collected from firms that participated in InvestmentNews' independent broker-dealer survey. Visit the complete Broker-Dealer Data Center here.
[More: How rising interest rates cushioned IBDs in a stormy 2022]