Financial Planning has released its annual analysis of base compensation for financial advisors. This post explores the best pay for financial advisors with $1,000,000 in yearly production at leading wirehouses and broker-dealers.

Here is the breakdown:

Stifel

Base Pay: $455,000 / Deferred-YE: $50,000 / Total Pay: $505,000

Edward Jones

Base Pay: $393,750 / Deferred-YE: $156,200 / Total Pay: $549,950

Raymond James

Base Pay: $445,000 / Deferred-YE: $56,000 /  Total Pay: $501,000

Merrill Lynch

Base Pay: $400,000 / Deferred-YE: $65,000 / Total Pay: $465,000

RBC Wealth Management

Base Pay: $460,000 / Deferred-YE: $41,800 / Total Pay: $501,800

Wells Fargo

Base Pay: $454,640 / Deferred-YE: $14,325 / Total Pay: $468,965

Morgan Stanley

Base Pay: $411,400 / Deferred-YE: $28,600 / Total Pay: $440,000

UBS 

Base Pay: $436,100 / Deferred-YE: $53,900 / Total Pay: $490,000

Janney

Base Pay: $445,000 / Deferred-YE: $40,000 / Total Pay: $485,000

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.