Human Capital Resources, Inc. Releases a Report on Issues and Trends for 2007 in the Bank Investment Program Channel
St. Petersburg, FL (PRWeb) December 27, 2006 -- Human Capital Resources, Inc. (HCR), a nationally known firm specializing in recruiting, employee testing/evaluations and a wide range of consulting services, has just completed a survey of Investment Consultants and Advisors in banks. The survey was conducted in September and October and received 132 responses from bank investment and insurance representatives from banks of $5 billion to $60 billion in asset size.
"Investment professionals in the bank investment channel have very specific ideas about what 2007 will bring," stated Paul A. Werlin, President of Human Capital Resources, Inc. Werlin continued, "For example, 83.3 percent of respondents believe that their production in 2007 will be better than 2006. And from a product standpoint, they expect sales of mutual funds and individual stocks and bonds to show the most growth in the year ahead with 71.3 percent selecting mutual funds and 65.2 percent selecting stocks and bonds as the fast growing product category. In contrast, only 19.7 percent expect fixed annuity sales to increase." Werlin added, "When we inquired about their satisfaction with their current employer, only 19.6 percent said they are 'very' or 'somewhat likely' to change jobs in the year ahead."
Werlin also noted that respondents believed a poor internal referral program was the biggest potential obstacle to achieving their 2007 production goals. Regarding training, bank investment reps said that time management training would be most beneficial.
Asked about the implications of the survey, Werlin stated, "I think the survey indicates that overall, bank reps are optimistic about the year ahead and what it will take to achieve their goals."
The Survey and relevant results can be found on Human Capital Resources website, www.humancap.com.
For information about this Survey or about Human Capital Resources, Inc., contact:
Paul A. Werlin
President
Human Capital Resources, Inc.
290 9th Ave North, suite 202
St. Petersburg, FL. 33705
www.humancap.com
voice 727-898-0212
fax 727-898-0314
###
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