Report Card on Banks 2024 summary video
A video breakdown of the 2024 Report Card on Banks themes
Latest news in Report Card on Banks
All quiet on the bank-branch front
Planners and advisors just want to be well coached, paid fairly and provided with effective tools
- By: Katie Keir
- October 15, 2024 October 10, 2024
- 08:52
Bank advisors want better access to compliance departments
Branch planners and advisors say compliance support is important, but cited several hurdles
- By: Alisha Mughal
- October 15, 2024 October 10, 2024
- 08:51
Top producers drive shrinkage in branch-based advisory business
The most productive segment of branch-based advisors saw AUM and client rosters decline
- By: James Langton
- October 15, 2024 October 10, 2024
- 08:50
Report Card on Banks 2024 main chart
How branch advisors with the Big Six rated their banks' support offerings
- By: IE Staff
- October 15, 2024 October 10, 2024
- 08:49
How we did it: Report Card on Banks 2024
Methodology for the annual Report Card
- By: Katie Keir
- October 15, 2024 October 10, 2024
- 08:48
Few advisor complaints about product shelf restrictions at the Big Six
Regulators and investor advocates continue to eye banks’ fund market dominance, but branch advisors don’t feel hampered
- By: Katie Keir
- October 15, 2024 October 15, 2024
- 08:47
Branch advisors’ role in contingency planning for their books
How big banks ensure a smooth transition from one branch advisor to another
- By: Roland Inacay
- October 15, 2024 October 10, 2024
- 08:46
Report Card on Banks 2023 main chart
How branch-based financial advisors and planners rated their firms’ performance
- By: IE Staff
- September 18, 2023 July 25, 2024
- 00:14
Banks must support digital tools with advisor training
Branch advisors say institutions aren’t adequately preparing them to use new technology
- By: Alisha Mughal
- September 18, 2023 September 15, 2023
- 00:13
Big-Six branch advisors say product restrictions aren’t a problem
Advisors recognize the limits of a restricted shelf, but say they’re still able to serve clients
- By: Katie Keir
- September 18, 2023 September 15, 2023
- 00:12
A welcome bump for the back office
The category saw the biggest rating improvement in the Report Card
- By: Roland Inacay
- September 18, 2023 September 15, 2023
- 00:10
How we did it: Report Card on Banks
Methodology for the 2023 Report Card on Banks
- By: IE Staff
- September 18, 2023 September 15, 2023
- 00:07
Why aren’t bank advisors happy with their compensation?
The Big Six are falling short of retail planners’ salary expectations
- By: Emily Fox
- September 18, 2023 September 18, 2023
- 00:04
Average advisor getting younger as assets shrink
Amid uncertain economic conditions, allocations are shifting away from equity funds and into fixed-income products
- By: James Langton
- September 18, 2023 September 15, 2023
- 00:03
Support is key to retaining branch advisors
Listening to advisor feedback and adapting strategies drove banks’ Report Card ratings
- By: Katie Keir
- September 18, 2023 September 15, 2023
- 00:02
Big banks improving efforts to help advisors grow
While advisors say business development support is important, satisfaction levels lag
- By: Alisha Mughal
- August 29, 2022 August 29, 2022
- 00:12
Report Card on Banks 2022 main chart
How branch-based financial advisors rated their firms’ performance
- By: IE Staff
- August 29, 2022 June 17, 2024
- 00:10
Banks say they’re listening, but not all advisors agree
Responsiveness to feedback is important to advisors, but communication gaps remain
- By: Roland Inacay
- August 29, 2022 September 28, 2022
- 00:09
Bank advisors saw rise in productivity
Branch-based advisors with the Big Six enjoyed book and client-roster growth
- By: James Langton
- August 29, 2022 August 29, 2022
- 00:07
Banks stand firm on cutting product shelves
While some advisors have criticized banks for eliminating active selling of third-party products, many are happy with in-house selection
- By: Katie Keir
- August 29, 2022 August 29, 2022
- 00:06
Banks struggle to improve ratings
The lowest-rated bank was critiqued on compensation and technology, but it wasn't the only one
- By: Daniel Calabretta
- August 29, 2022 August 29, 2022
- 00:03
Overcoming tech troubles remains an uphill climb
Four banks received below-average ratings for their technology tools
- By: Brian Capitao
- August 29, 2022 August 29, 2022
- 00:02
How we did it: Report Card on Banks 2022
We detail the methodology for the Report Card on Banks
- By: Daniel Calabretta, Katie Keir
- August 29, 2022 August 22, 2022
- 00:00
Wanted: Enhancements to in-branch HNW services
Advisors need more support to retain mass-affluent clients with growing wealth
- By: Emily Fox
- August 30, 2021 August 26, 2021
- 00:15