Wealthy clients are becoming more savvy about investment opportunities, and that’s leading to a more collaborative relationship between them and their advisors, according to a Spectrem Group study.
When account aggregation was first introduced four years ago, many brokers were ecstatic. With the new technology, clients could view all their account information via a single website. But interest is still low, according to a Spectrem Group report.
Investors of late have been more impressed by regional brokerage firms, which they feel are providing better services than most industry giants, according to J.D. Power and Associates’ first Full-Service Investor Satisfaction Study.
