The road ahead may be bumpy for advisors, who are feeling unsettled as their firms go through major transitions related to ownership, management and technology. But there’s hope that road will smooth out soon
June 13, 2018
The road ahead may be bumpy for advisors, who are feeling unsettled as their firms go through major transitions related to ownership, management and technology. But there’s hope that road will smooth out soon
June 13, 2018For the most part, advisors would recommend their firm to another advisor. But changes at a dealer impact both these recommendations and a firm’s rating
Although the average advisor saw modest improvements in AUM and productivity, the increases among some firms’ advisors were dramatic
Advisors are facing a bumpy road ahead as their firms go through major transitions
Advisors are feeling unsettled as their firms go through major transitions related to ownership, management and technology. But there's hope things will begin to improve
How financial advisors rated their firms
Although average assets under management and productivity rose year-over-year, there are signs the industry is evolving as advisors adopt fee-for-service arrangements and cater to clients with greater levels of investible assets
Most advisors surveyed for this year's Dealers' Report Card were strongly against regulators banning embedded commissions
Lower ratings for "firm's stability" arose from advisors' frustration with many of the major changes taking place
Advisors are pleased with the products their firms make available, as well as with the freedom to sell what they prefer
Issues with tech platforms and firms' lack of support for e-signatures were key reasons for advisors' dissatisfaction
This Report Card summarizes data from each of the Brokerage, Dealers' and Bank reports, looking at the trends across the financial advice industry
This year's research reveals how well the Big Six are meeting branch advisors' need for coaching, fair pay and effective tools
Advisor satisfaction across most of the 11 full-service and mutual fund dealers in the Report Card has held steady or improved compared with 2023
The Report Card, which has been published for more than 30 years, explores the concerns and needs of investment advisors in Canada as their firms…