2023 BPS Study

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Net Commissions & Fees Organic Growth

16.8%

15.9%

14.5%

14.2%

13.0%

10.9%

10.8%

10.5%

10.3%

10.2%

10.0%

8.7%

8.5%

8.3%

8.2%

7.2%

6.4%

< $1.25M

$1.25-$2.5M

$2.5-$5M

$5-$10M

$10-$25M

> $25M

2022 BPS Median 2023 BPS Median 2023 BPS Top Quartile

Net Revenue Organic Growth

19.0%

16.8%

15.0%

14.0%

13.1%

12.8%

10.8%

10.3%

10.1%

9.9%

9.7%

9.5%

9.4%

9.1%

8.6%

5.9%

4.7%