At a time when bank executives are scrutinizing their retail brokerage activities more closely than ever, these businesses are beginning to put up some pretty good numbers.

Spurred by strong sales of stock mutual funds, 15 large brokerage units tracked by consultant Kenneth Kehrer boosted their operating profit margins to 35% in last year's fourth quarter, from 25% a year earlier.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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