The dozen largest third-party broker-dealers supporting the investment and insurance services business in banks and credit unions generated $1.4 billion in revenue in 2011, up 9% from the year before, according to the 2011/2012 TPM Report by consulting firm Kehrer Saltzman & Associates.
The $1.4 billion was the highest total revenue the third-party marketing firms produced since Kehrer Saltzman & Associates began tracking TPM firms in 2006.
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