The Report Card, which has been published for more than 30 years, explores the concerns and needs of investment advisors in Canada as their dealers evolve and invest in new tools
June 5, 2024
The Report Card, which has been published for more than 30 years, explores the concerns and needs of investment advisors in Canada as their dealers evolve and invest in new tools
June 5, 2024Firms are investing in technology but also must consider advisor training
Many advisors question how effectively their suggestions are acted upon
Advisors worry about hacks to client data, but also about human error
Offering generic or limited practice-building tools can lead to displeased advisors
Support for both financial planning and succession planning by advisors remain areas of interest
Results were relatively consistent in this year's Report Card, but advisors at firms undergoing management shuffles expressed uncertainty
Methodology for the Brokerage Report Card 2024
How investment advisors rated their firms’ support offerings and tools
Average AUM rose slightly while assets per household grew by 6%
Findings from the 2023 Report Card series showed advisors are entrepreneurial but still seek business guidance and support from their firms
Branch-based advisors and planners said they appreciated certain support offered by their banks, but there's still room for improvement.
Dealer firms may be losing ground in their quest for financial advisors’ approval, according to this year's Report Card
The Report Card, which celebrates its 30th anniversary in 2023, highlights the resiliency and innovation of many of Canada’s investment advisors in the face of…