Special Feature

Brokerage Report Card 2017

Investment advisors are experiencing significant growth in their businesses as their books have reached a new all-time high, but dissatisfaction is growing among advisors with bank-owned dealers as the parent banks are exerting unprecedented influence on their brokerage firms.

Industry News

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

By Fiona Collie |


The main ratings table for the Brokerage Report Card reveals advisors' specific concerns and praise for their firms in more than 30 categories in a quantifiable manner. Taken together, these ratings provide a sense of a brokerage firm's advisor work force's overall morale.

To that end, the "IE rating" highlighted on the ratings table is an average of all the ratings advisors provided for all the categories for a given firm. Overall, the Report Card average of these IE ratings between 2008 and 2017 was remarkably stable while the IE ratings for individual firms remained within a range of a full point — with some exceptions.

This slide show compares the IE ratings of each of the 12 investment included in the Report Card, offering a snap shot of the highs and lows of advisor morale over the past 10 years.

How brokerages have fared during the past 10 years


How brokerages have fared during the past 10 years

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Watch the slideshow on your computer or tablet.

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