Access to alternative investments is becoming a more important factor for financial advisors when choosing and staying with wealth management firms shows report.

Advisor retention remains a key concern for private banks and trust companies, according to The Cerulli Report- US Private Banks and Trust Companies 2026 . The study also highlighted a gap between executives and advisors on the importance of product choice The report found that 84% of bank executives view talent retention as a concern, while 47% consider advisor retention a major business risk. Cerulli said advisors continue to change firms when they encounter limitations related to compens