Updated Thursday, September 3, 2015 as of 3:11 PM ET

TPMs Increase Revenue for Fourth Straight Year

Third party broker dealers are bringing home the bacon for the banks and credit unions they support. During 2012, the 12 largest bank broker dealers, or third party marketers as they’re dubbed in the industry, boosted their revenue by 8% to more than $1.5 billion, marking their fourth consecutive year of revenue increases, according to the 2012-2013 Kehrer Saltzman TPM Survey, released Tuesday.

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