Compare yourself to the average bank advisor

Think all the big banks are the same?

Not so when it comes to advisors, finds Investment Executive in its report card on banks.

After analyzing the data, the publication finds “a wide gap in the size of the books that branch-based financial advisors are running, their productivity levels and the compensation they’re receiving.”

For instance, the average advisor at Scotiabank has a book of $37.3 million, while the average advisor at CIBC has a book of almost $139 million.

Find out how you stack up to the average bank advisor by reading the full article.

Also read:

Canaccord says average Canadian advisor team book nearly $100M

Advisors to regulators: We’re not the bad guys

Advisor or adviser? It’s not that simple

Big Six banks among Canada’s cleanest companies

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.