Age plays a factor in an investor’s satisfaction with their advisors, according to Spectrem’s quarterly report Advisor Relationships and Changing Advisor Requirements. When looking at Ultra High Net Worth investors with a net worth between $5 million and $25 million, 83 percent of all investors approve of their advisor’s responsiveness to requests, but only 66 percent of investors under the age of 55 approve.
Millionaire Corner’s Best Financial Advisors service allows clients to rate their advisors in four categories, including responsiveness to requests. The advisors are rated on a five-point scale, and are also rated for overall satisfaction, knowledge and expertise and recommendations and advice.
Janney Montgomery Scott has eight affiliated advisors rated on the service among the more than 2,500 advisors listed, and those advisors have a responsiveness rating of 4.8. The overall rating for Janney Montgomery Scott advisors is 4.7.
To access the Best Financial Advisors ratings, click here, or on the yellow tab above. You can see all of the ratings or discover if your advisor is on the site. If your advisor is not listed, have them email Eric McDonald at firstname.lastname@example.org.