Tuesday, July 24, 2007

Power survey: Clients like advice

J.D. Power came out with its annual brokerage satisfaction survey.

See which firms placed where.

Of note, Power said overall satisfaction with the firm and investment portfolio is considerably higher among investors who regularly seek counsel from their advisor.

And the percentage of investment decisions made under the guidance of a financial advisor has increased to 59 percent in 2007—up from 53 percent in 2006.