This year’s Report Card revealed a growing divide between business models as managing general agencies received high praise from insurance advisors while those at dedicated agencies and the lone personal producing general agency were less enthusiastic.
August 7, 2018Although the majority of insurance agencies received strong recommendations, there were a few that declined, in advisors’ eyes, this year
The ratings for the five MGAs in the survey were very strong, whereas those for the dedicated sales agencies and the sole PPGA were less favourable
How advisors rated their firms
Although average AUM and productivity declined, advisors' attention to life insurance has increased
Advisors with Hub Financial were much more pleased with their firm this year the same cannot be said for GWL or Sun Life
One set of firms received lower ratings in the three back-office categories, but another set of firms were praised for their efforts
Advisors cited financial help and internal experts as key reasons why they rated their firm's support higher this year
Advisors at most of the insurance agencies in the Report Card gave passing grades for ongoing training initiatives
This package summarizes data from the Brokerage, Dealers' and Bank reports, looking at trends across the financial advice industry.
Most retail branch advisors and planners were optimistic in this year's report, giving consistent or improved reviews for their banks' support
This annual report explores the priorities of advisors with full-service or mutual fund-only firms across Canada, looking at 11 dealers.
The annual Report Card reveals the priorities and business needs of investment advisors across Canada, assessing 14 investment dealers. Here's a look at advisors' technology,…