"Fiduciary compensation, our core revenue, increased 10% as reported," states president and CEO David A. Spina. "When adjusted for the businesses contributed to CitiStreet, our joint venture with Citigroup, fiduciary compensation increased 22% from the same quarter last year."
Total revenue was $905 million, up $130 million, or 17%, from a year ago.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
