Rileybiz

One year after the depths of the worst financial crisis in half a century, Americans are more likely to say their financial institutions are doing what’s best for them, according to the seventh annual customer advocacy rankings by Forrester Research, Inc.. Based on a survey of more than 4,500 consumers, the customer advocacy rankings rate 46 banks, investment firms, and insurance companies in the US. As it has every year, USAA topped the Forrester rankings. And while consumer trust in financial firms has moved off the historic lows from last year, the positive sentiment is not evenly distributed: The largest US banks dominate the bottom of the rankings.

Underscoring the fact that customer trust is inching back up, 13 firms saw their scores go up by more than five percentage points in the past year. As a group, insurers bounced back higher than banks and investment firms. Customer rankings for super-regional banks also improved significantly from last year. Large banks took up the bottom seven spots in the rankings, and wealth management firms as a group had the worst customer advocacy ratings overall.

Here are the top 10 rated firms in Forrester’s 2010 customer advocacy rankings:

1. USAA (insurance)
2. A credit union
3. An independent insurance agent
4. USAA (banking)
5. An independent financial advisor
6. AAA
7. State Farm
8. A regional or local bank
9. Aflac
10. GEICO