<i>Morning reports take hours to prepare, but many advisors are skeptical of their content</i>
<i>Planners look to alternate compensation methods </i>
<i>They don’t have formal training — and don’t think they need it</i>
<i>Account statements are often confusing to clients, and lack performance and rate of return figures</i>
<i>Economics assume it's rational, says economist and behavioural scientist</i><br>
<i>IFIC panel predicts combination of boutique and global companies</i>