Wirehouses have been beaten up lately mostly because of all the bad press and the destruction of their brand names. Financial advisors are looking to breakaway to other channels. Every channel has seen double-digit growth within the past year except the wirehouse channel. Granted, they still have the majority market share.
Read more on Wirehouses Have Slower Growth than Any Other Channel…
When affluent investors feel like they don’t know where to find a safe haven to invest, they turn to their trusted advisors. With all the information and tools provided online to help people invest on their own, affluent advisors still want their financial advisors. However, some still learn the hard way and wait till after they make a poor investment before calling their advisor.
Read more on Affluent Investors Ask Financial Advisors for Help…
Subscribe to our blog and stay up-to-date with breaking news in the financial services industry.
Copyright © 2010 · Willis Consulting · Sitemap · Privacy Policy