Home In Depth Report Cards Page 3

Latest news in Report Cards

Pension plans leave much to be desired

Advisors have high expectations of their banks' pension plans, but many bemoaned the changes their firms have implemented

Banks deliver on clients’ online access

Advisors praised their banks' websites and mobile apps for being easy to use and providing clients with access to accounts

Some support services are lacking

Advisors have various reasons for their dissatisfaction with their banks' support for both tax and wills and estate planning

Changes to paycheques upset advisors

Scotiabank, National Bank and CIBC advisors were quite vocal in their disapproval of changes to their paycheques

Banks are falling behind in technology

Advisors cited technology as one the key areas that their banks could most improve upon

Report Card on Banks 2017 main chart

How advisors rated their firms

  • By: IE Staff
  • June 22, 2017 November 9, 2019
  • 23:50

Banks are failing to meet expectations

Surveyed advisors said much work is required in some key areas, such as support for tax planning, compensation, pensions and technology

Advisors face downward pressure

An overall decline in advisors' average AUM and productivity may be signs that all is not right in this channel

Slideshow: How advisors rated their firms in the past decade

Although there have been significant changes to the Report Card, advisors’ ratings, overall, have remained fairly stable since 2008

Slideshow: How the average advisor at each dealer is performing

There’s pressure on advisors’ AUM at some firms, which is impacting their compensation negatively and also often affecting advisors’ views of their dealers

Dealers’ Report Card 2017: Editors discuss results

Dealers’ Report Card 2017: Editors discuss results

Pablo Fuchs, senior editor with Investment Executive, and Fiona Collie, staff writer, discuss why survey participants believe their dealer firms are failing to meet expectations…

Advisors want better support

With ratings declining in some key areas and fewer advisors prepared to recommend their firms, advisors believe their firms could be doing a lot more…

Dealers’ Report Card 2017 main chart

How advisors rated their firms

  • By: IE Staff
  • May 31, 2017 November 16, 2019
  • 23:50

The struggle to keep up

Many advisors bemoan their firms not standing up to the regulators or offering enough support to deal with regulatory changes, and firms struggle to be…

Having a voice matters to advisors

Getting things right in handling advisors' feedback can be a challenge for firms even when they put significant efforts in place to accept and respond…

A magic formula for the back office

Having skilled, experienced and helpful staff with long tenure in the firm goes a long way toward ensuring advisors are satisfied with their dealer firm's…

Advisors pleased with products

Much praise was given to dealer firms that have an extensive mutual fund offering and provide access to other products that cater to specific clients

Small clients are safe with dealers

Almost nine in 10 advisors said their dealer firms don't encourage advisors to drop the smallest clients from their books of business. Advisor independence and…

Advisors’ businesses in state of flux

The emergence of new competitors, such as robo-advisors, combined with the impact of increased regulation and shifts at both the client level and within the…

Brokerage Report Card 2017: TD Wealth PIA experiences major shift in fortunes

Brokerage Report Card 2017: TD Wealth PIA experiences major shift in fortunes

Dave Kelly, senior vice president of TD Wealth Private Wealth Management, discusses the significantly higher ratings advisors gave to TD Wealth Private Investment Advice in…

Slideshow: How brokerages have fared during the past 10 years

Although the Report Card average has remained quite stable in the past decade, some firms have seen some dramatic changes in their ratings

Slideshow: Taking stock of each brokerage’s average advisor

Although advisors with bank-owned firms have bigger books and greater productivity on average than those with independent dealers, advisors with independent dealers are more likely…

Brokerage Report Card 2017: The making of a Report Card

Brokerage Report Card 2017: The making of a Report Card

Pablo Fuchs, senior editor at Investment Executive, and Fiona Collie, staff writer, discuss the research methods used to create the 2017 Brokerage Report Card.

Banks’ presence is felt

There are several reasons why advisors with bank-owned investment dealers are unhappy this year, but the shift from being "bank-owned" to "bank-run" is the most…

Brokerage Report Card 2017: Editors discuss this year’s findings

Brokerage Report Card 2017: Editors discuss this year’s findings

Pablo Fuchs, senior editor with Investment Executive, and Fiona Collie, staff writer, discuss the results of the 2017 Brokerage Report Card. This year, investment advisors…