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They Said It:

Banks are not recognized as having the ability to provide the same level of investment advisory services as brokerage firms. Dick Pace, director of financial services research at Maritz Research, a St. Louis-based global marketing and research firm. A Maritz survey found that 10 percent of individual investors name a bank as their primary investment provider.

“Banks are not recognized as having the ability to provide the same level of investment advisory services as brokerage firms.”
— Dick Pace, director of financial services research at Maritz Research, a St. Louis-based global marketing and research firm. A Maritz survey found that 10 percent of individual investors name a bank as their primary investment provider.

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