The road ahead may be bumpy for advisors, who are feeling unsettled as their firms go through major transitions related to ownership, management and technology. But there’s hope that road will smooth out soon
June 13, 2018
The road ahead may be bumpy for advisors, who are feeling unsettled as their firms go through major transitions related to ownership, management and technology. But there’s hope that road will smooth out soon
June 13, 2018For the most part, advisors would recommend their firm to another advisor. But changes at a dealer impact both these recommendations and a firm’s rating
Although the average advisor saw modest improvements in AUM and productivity, the increases among some firms’ advisors were dramatic
Advisors are facing a bumpy road ahead as their firms go through major transitions
Advisors are feeling unsettled as their firms go through major transitions related to ownership, management and technology. But there's hope things will begin to improve
How financial advisors rated their firms
Although average assets under management and productivity rose year-over-year, there are signs the industry is evolving as advisors adopt fee-for-service arrangements and cater to clients with greater levels of investible assets
Most advisors surveyed for this year's Dealers' Report Card were strongly against regulators banning embedded commissions
Lower ratings for "firm's stability" arose from advisors' frustration with many of the major changes taking place
Advisors are pleased with the products their firms make available, as well as with the freedom to sell what they prefer
Issues with tech platforms and firms' lack of support for e-signatures were key reasons for advisors' dissatisfaction
Findings from the 2023 Report Card series showed advisors are entrepreneurial but still seek business guidance and support from their firms
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…