Financial advisors across all channels of the financial services industry are aging
The ongoing market turmoil has kept advisors running in place, as the headline industry metrics have largely held up. However, there are signs that plenty of hard work has gone into maintaining these figures
Financial services firms and their reps are seeing a greater need for doing business on mobile devices as well as more demand for wealth-management support services
Advisors surveyed for this year’s Report Card series report growth in their books and in their pay, but reeling markets may stand in the way of their continued success
Mid-level managers should be very approachable and have a solid understanding of the business
Although advisors surveyed for this year’s Report Card series say they are earning more than they did in the past few years, there’s still significant room for improvement in their firms’ grids as well as in their rewards and recognition programs
Despite a sputtering economy and many challenges along the way, advisors in all channels are continuing to add assets under management, intensifying their focus on larger accounts and bolstering their reliance on fee-based compensation
Financial services firms are putting significant efforts into their diversity and inclusion strategies
Advisors across all industry channels report that they often struggle with out-of-date hardware, software that is not user-friendly, systems that aren’t well integrated or inadequate tech support and training
