Overall sentiment among U.S. brokers and advisors is at its highest point since the financial crisis first hit, according to Fidelity Investments' 6th Broker and Advisor Sentiment Index study. Overall sentiment was 7.6 on a scale of 0 to 10.
The study also found that GenX/Y advisors, female advisors, advisors working in teams and those who earned more compensation from fees than from commissions typically had higher assets under management than their peers, making these segments likely to drive the future of the advice business.
Sentiment, as measured in this study, is a composite metric that measures brokers' and advisors' satisfaction with the support received from their firms in the areas of running their practices, growing their businesses, professional development and the balance between their work and life, as well as other interests.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.