Latest news in Report Card on Banks

Advisors face downward pressure

An overall decline in advisors' average AUM and productivity may be signs that all is not right in this channel

There's much debate about how robo-advisors will impact the traditional financial services sector

Advisors would like to see their banks promote financial planning rather than only mortgages in their advertisements

How advisors rated their firms

Given the many changes to this year's Report Card, firms' lower ratings may not be that much of a surprise

Although most advisors say back-office functions need improving, some firms are meeting their advisors' expectations

Advisors have opportunities to make their voices heard, but many complain that their firms do very little with the feedback

Banks are improving their financial planning tools as the practice becomes more important to the firms and their advisors

Advisors with banks, who tend to be younger than brokerage and dealer reps and get paid mostly by salary, are holding their own

Banks are well prepared to deal with the unique issues affecting aging Canadians