Investment sales representatives at banking companies saw their compensation jump 20% last year, but a wide gap remained between their pay and that of nonbank brokers.

Bank sales reps took home $76,268 on average last year-53% of the $142,958 earned by their counterparts at wirehouses and regional brokerage firms, according to a study by Kenneth Kehrer Associates, Princeton, N.J.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.