Those surveyed for this year’s Report Cards report that much client money is parked in bank accounts and other safe products (includes chart)
For the second year in a row, advisors are satisfied with compliance, bucking the trend of years past
Firms are split on whether the industry’s efforts in hiring rookie advisors goes far enough
Advisors who have more independence over their books are more satisfied with their firms
Advisors say firms’ efforts in transition support and delivery on promises made, among others, aren’t up to standard
By providing a suite of support services, firms are helping advisors meet their clients’ growing needs
Regardless of style, succession programs must meet the changing realities of the business, advisors say
As the industry slowly shifts away from a sales-based mentality, so are compensation models
Bigger, better and growing in scope