As the glut of baby-boomer advisors continues to get older, succession programs are becoming more and more important
Manulife, Sun Life and Great-West Lifeco top their Canadian competitors in a global survey of asset managers
Mutual fund dealer acquires DundeeWealth’s network of mutual fund and insurance advisors in Quebec
Advisors who have more independence over their books are more satisfied with their firms
And sales of living-benefits policies rise as clients become more aware of their availability
The firms that provide full-fledged, structured succession programs or solid support earn the praise of their advisors
But a gap still exists between how important advisors say compensation is and their banks’ performance
Developing an integrated approach involving various divisions of a bank or credit union is the key to servicing affluent clients
But firms that also have such experts are seeing lower scores for unrelated reasons
But fewer advisors have financial planning designations; women are assuming a greater role