Jul 28, 2025 | Study Groups, Wealth Management
Cerulli predicts that banks and credit unions will continue to experience a decline in their share of US assets under management. Kehrer Group has frequently pointed to the stagnant growth of advisor headcount as a culprit in this trend. But at the recent Kehrer...
Oct 30, 2024 | Advisors, Financial Planning, Study Groups
That was a central theme of the eighth annual Kehrer study group on developing holistic advisors. The first afternoon the group dissected the conflicting data on whether banks and credit unions are making progress on increasing advisor planning productivity and plan...
Nov 3, 2023 | Compensation, Study Groups
Trends in Advisor Compensation in Financial Institutions Even before Karl Marx laid it all out, there has been historical tension between labor and capital: who gets the larger share of the pie? The same holds for the financial advice industry: how much of...
Jul 7, 2023 | Advisors, Financial Planning, Study Groups, Wealth Management
New data indicate that the wealthier people are, the more likely they are to consult with a professional advisor before making an investment decision. But they are less likely to turn to an advisor in a bank or credit union. These findings are among the insights...
Jun 30, 2023 | Study Groups, Wealth Management
Less than 3% of US Households have at least $3 million in financial assets, but those households own 40% of aggregate household financial assets. That was one of the insights served up by Larry Cohen, director of RFI Global’s MacroMonitor, at last week’s Kehrer Study...
Jun 8, 2023 | Advisors, Bank BDs, Banks, Study Groups
The recently published BISA-Cerulli study, Improving Recruitment and Retention Throughout Advisors’ Lifecyles, identified the lack of sunsetting plans for advisors as a weakness in banks and credit unions. Many of the 20 advisors interviewed expressed concern about...
