Have advisors’ challenges changed since 2022?
Revisiting themes from the 2022 Brokerage Report Card
Revisiting themes from the 2022 Brokerage Report Card
Clear and forward-looking strategic goals are key to advisor satisfaction at brokerage firms
The average advisor managed to grow their business while facing market headwinds
How investment advisors rated their firms' performance
Many advisors are dissatisfied with the way third-party software is integrated into the systems they're provided with
The percentage of advisors with succession plans in the Report Card has grown significantly over the past five years, but many have yet to join…
Brokerage firms are hiring more planning experts and investing in software to keep up with demand
Communication and education can help calm clients’ anxieties amid challenging economic conditions
The fundamental priorities of advisors haven't changed as much as the brokerage landscape in the past few decades
Methodology for the Brokerage Report Card 2023
The Report Card’s top-rated and improving firms are focused on adaptability and advisors’ priorities
How investment advisors rated their firms' performance
Growth was due to flows in financial assets and rising markets rather than expanding client bases
Pay has remained important to financial advisors, who value straightforward grids
Technology investment alone is not a panacea
Firms are investing in support systems for a hybrid future
The key to success is providing ongoing support and system adjustments
Check out the trends from the past five years across the brokerage firms
Methodology for the Brokerage Report Card 2022
Respondents to the 2021 Brokerage Report Card had plenty to say about their firms’ performance over the past year
Despite a tumultuous 2020, most firms received positive ratings from their advisors in this year’s Report Card
How investment advisors rated their firms
While AUM was up, overall productivity has declined from 2020
More advisors are reporting discretionary assets under management, and firms are investing in discretionary platforms
How advisors and firms have adapted to working from home