The research firm singled out Fidelity for its easy-to-read reports, which are divided into three sections: snapshot, summary and detail. Dalbar said the top brokerage statements provide the most important summary information first so investors dont get bogged down with too much detail unless desired.
With a final score of 73.46 out of 100, Fidelity was one of seven brokerages that received a "very good" ranking from Dalbar. The other category finishers included:
Dalbar said the brokerages also set themselves apart because they remind investors of upcoming important events in the account. Such events include bond maturities, upcoming dividends payable, option expirations and the status of open orders.
And Edward Jones and Goldman Sachs customize its statements far more than other brokerages, said Dalbar, offering investors a choice about the statement features.
No brokerage received the highest honor of "excellent," indicating all could still see improvement.
