Findings from the 2023 Report Card series showed advisors are entrepreneurial but still seek business guidance and support from their firms
October 15, 2023
Findings from the 2023 Report Card series showed advisors are entrepreneurial but still seek business guidance and support from their firms
October 15, 2023How advisors across the financial industry rated their channels, based on average firm results
Methodology for the 2023 Report Card series research
Just as older clients' needs vary, so too do advisors' techniques and priorities across each industry channel
Firms in the brokerage channel were rated highest in most Report Card categories, but advisors still cited ways to improve
Increases in AUM and client rosters were uneven across the brokerage, dealer and retail bank channels
Client mix and advisor tenure affect the difficulty of advising in a tough economy
While brokerage firms’ digital tools and flexibility earned praise, technology generally garnered mixed reviews
Advisors becoming more dependent on support from compliance professionals
With the vast majority of advisors focused on planning, firms must continue investing in that area
Branch-based advisors and planners said they appreciated certain support offered by their banks, but there's still room for improvement.
Dealer firms may be losing ground in their quest for financial advisors’ approval, according to this year's Report Card
The Report Card, which celebrates its 30th anniversary in 2023, highlights the resiliency and innovation of many of Canada’s investment advisors in the face of…
Findings from the 2022 Report Card series showed advisors continue to highly value business freedom as well as strong leadership from their firms