Bank wealth management divisions are spending more on talent than ever before and losing more of it than ever before. However, banks are not losing talent to better-paying competitors; they are losing to a different business model.
This report presents the findings and implications from the February 2026 Wealth Management Executive Council meeting, including peer benchmarks on compensation structure, long-term incentive program adoption, advisor turnover drivers, productivity metrics, succession readiness, and the retention strategies firms are actually deploying. It is written for wealth management division heads, chief talent officers, and senior HR leaders who need to move beyond intuition and anecdote and make defensible, data-grounded decisions about where to invest to compete for and keep the talent that drives growth.
Clients of Datos Insights’ Wealth Management service can download this report.
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