The past year has been a tumultuous one for financial markets and, as a result, it has been a tough time for most players in the financial services industry. However, insurers have mostly escaped the pain — although some front-line insurance advisors are more exposed to market effects than others. Previous editions of Investment Executive‘s […]
More and more advisors are adding mutual fund sales to their business revenue
But the majority of advisors surveyed still have no plan in place for retirement
Advisors are currently split on the merits of offering clients online access to their accounts
Advisors want to ramp up their offerings — and they’re demanding backup from their companies
High producers are the happiest with their compensation, but the increased costs of doing business garner gripes
Underwriting is slow, inefficient and bad for business. “It’s like they don’t want us to sell insurance,” says one advisor
Firms say they encourage their advisors to be designated, but few require it
For advisors, having earnings expectations met consistently is more important than the actual amount of compensation
Advisors cite distance as a major reason why their firms’ training programs are lacklustre