Big Banks Still Held in High Regard for Financial Advice

According to a new study released by J.D. Power consumers gave the highest ratings to some of the biggest banks in the U.S.; banks in the top 5 include Bank of America, PNC Financial Services Group, Wells Fargo, Citigroup and JPMorgan Chase; customers found two things most appealing, their big network of branches and their digital tools are being built from within; a good sign for digital tools was that 58 percent of consumers asked that their advice be received through a digital channel; the biggest reasons for negative scores included poor in person meetings and they did not provide advice that fit a certain consumers needs. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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