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Latest news in Brokerage Report Card

What makes a broker happy?

Answers vary from money, independence and location to lack of red tape and good management

Industry still a man’s world

Lack of role models, recognition help account for low numbers of female investment advisors

Broker quotes

Quotes from the industry

  • By: _ _
  • April 27, 2002 November 6, 2019
  • 13:07

Former Merrill brokers fear the unknown

"Merrill Lynch is the best I've ever seen," says one broker. "I don't know what we're getting with CIBC"

Advisors staying the course

In the current markets, advisors are reluctant to ask their clients to move to another firm with them

Brokers insist their firms are stable

Despite the upheaval in the industry, brokers remain doggedly convinced that their firms will remain on an even keel

How the Brokerage Report Card is prepared

Rating the firms

Career change proves rewarding

The investment industry attracts experienced individuals from a variety of backgrounds

Middle-aged guys the industry average

Men outnumber women six-to-one in this year's survey; women also report fewer clients and fewer assets

Sometimes, it’s lonely at the top

Edward Jones reps rate their firm No. 1 again, but success comes with a small price

What a difference a year makes

10th annual Brokerage Report Card: includes main chart

What are brokers saying?

Quotes from the industry

  • By: IE Staff
  • May 2, 2001 November 6, 2019
  • 14:11

Do-it-yourself still mostly the better way

Brokers say in-house research still isn't improving. But there's a wealth of information on the Internet

Changing firms an exercise in frustration

"I moved once and I'll never do it again," says one broker. Indeed, recent industry trends have made moving books even harder

Pressure? Who cares

More brokers are under the thumb of their firms, but many seem to like it

Upgrades inch ahead in attempts to enhance service

Some progress in technology, but many brokers complain it's too slow

Business model key to Jones’s success — Includes 2001 BRC chart

"One broker, one office" approach has made Edward Jones No. 1 on our list, but it is also a source of controversey among competitors

Full-service fears subside with the market

Now "validators" who make use of both full and discount service dominate the market

Eternal struggle over payouts

Brokers want more, and firms want to pay less, with neither side ever satisfied it has won the battle

Bank-owned means “bureaucracy, inflexibility”

Ownership provides stability, but it is also hurting morale and client relationships, many brokers say

What are brokers saying?

Quotes from the industry

  • By: IE Staff
  • May 2, 2001 November 6, 2019
  • 13:40

Designations still a contentious issue

They're "a bunch of hooey," says one broker. But others say they're important for keeping up to date

Money can’t buy happiness

Experience and size of book matter, but don't guarantee you'll like the brokerage you work for

Brokers a happy bunch

Independence and recent bull markets may have something to do with it. Edward Jones is No. 1

Insuring future business

<i>Some stockbrokers shun insurance; others embrace it to increase business</i>