The correlation between the support advisors receive from — and the ratings they gave — their firms and MGAs is no coincidence. All the insight, the ratings and the candid comments from the August 2015 issue of Investment Executive newspaper.
July 24, 2015Investments gain greater importance
As MGAs excel in providing training, dedicated agencies are falling woefully behind
Firms excel at having a rich variety of products and providing advisors with freedom to choose products that suit clients best
Advisors prefer direct managers whom they consider to be partners and do what's necessary to help
The correlation between the support advisors receive from - and the ratings they gave — their firms and MGAs is no coincidence
The percentage of advisors and clients who have signed engagement letters has risen over the past year
Despite praise for some firms, most advisors were dissatisfied with the tech tools, CMS and financial planning tech available
Advisors with Freedom 55 and GWL were livid with their application processing, while other firms do a solid job
How advisors rated their firms
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…
Findings from the 2023 Report Card series showed advisors are entrepreneurial but still seek business guidance and support from their firms