Financial Planning’s Annual Analysis of Base Pay for Advisors in 2026
It’s that time of year again when Financial Planning conducts its annual analysis of base pay for advisors at wirehouses and regional or national broker-dealers. In this article, we will be focusing on $400,000 annual producers in 2026.
For last year’s data, you can click here. To learn what industry experts expect in advisor pay this year, click here.
This is the first part of our four-part survey. Stay tuned for upcoming articles on pay at the $600K, $1M, and $2M production levels.
Analysis Methodology
The information for this analysis was collected by Financial Planning and analyzed by compensation consultant Andrew Tasnady of Tasnady & Associates.
It’s important to note that some firms’ special pay policies were not included in this analysis due to their varying nature and impact on individual advisors. Compensation can greatly vary based on factors such as business mix and firm policies.
Here are the key assumptions made for base pay in this analysis:
- Asset allocation: 25% in individual stocks, 25% in individual bonds, 25% in mutual funds, and 25% in fee-based accounts.
- Year-end basic bonuses are reflected in deferred totals.
- Length of service is assumed to be 10 years.
- No effects from bonuses based on growth, asset-based bonuses, or other behavior-based awards.
- Excludes voluntary deferral matches, 401(k) matches, or profit-sharing contributions.
- Excludes T&E expense allowance, discount sharing, ticket charge expense assumptions, small household or small ticket policy assumptions, and value of any options awards.
*All information was provided by the companies featured and compiled by Financial Planning, with analysis by Tasnady & Associates. Data from Edward Jones reflects averages, and individual advisors’ experiences may vary.
For the detailed analysis and rankings of base pay for $400,000 annual producers in 2026, you can visit the source link here.
