News and resources for Canada's top financial advisors
Industry
Does the sight of the compliance officer make you a bit nervous? When they come around, do you often catch yourself wondering what “somebody” did? If so, you’re not alone. The compliance officer has not traditionally been the average advisor’s favourite person. His or her job, in the eyes of many advisors, is to catch […]
By David Lister |November 18, 2010
8 min read
Few things are more disturbing than listening to a discourse on divorce
By Vikram Barhat |November 17, 2010
4 min read
On Monday, Clarence House announced the engagement of Prince William and his long-time girlfriend, Kate Middleton. The second in line to the throne, popped the question during a stay in the foothills of Mount Kenya, presenting Kate with the engagement ring that belonged to Princess Diana. With the public trained on their every move and […]
By Staff |November 17, 2010
2 min read
Mackenzie Financial has introduced the Mackenzie Founders Global Equity Class, a new diversified global portfolio designed to provide long-term growth of capital. The fund combines the complementary styles of the Mackenzie Cundill and Mackenzie Ivy investment teams. It will invest predominantly in a select group of high-quality multinational companies based outside of Canada. Mackenzie Founders […]
Elena Hoffstein is a partner in the law firm Fasken Martineau DuMoulin. Her practice includes personal tax and estate planning, family business succession planning, wills and trusts, corporate reorganizations, marriage contracts, and charities and not-for-profit law. This conversation focuses on philanthropy as part of an estate plan. Brayley: How often do you discuss philanthropy with […]
By Anne Brayley |November 17, 2010
5 min read
Although late to the party, Canada is considerably further ahead on the financial literacy continuum than the simple chronology of history suggests. Financial literacy, therefore, could have a measurable impact on the economic output of Canada, said Donald Stewart, CEO, Sun Life Financial, speaking at the Distinguished Advisor Conference (DAC) 2010 in Orlando, Florida. But […]
By Vikram Barhat |November 16, 2010
3 min read
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has ordered Magna Partners Ltd. to pay a $100,000 fine and $10,000 in costs. The penalty follows an agreed statement of facts and violations in which Magna Partners admitted to two violations of best price obligation rules. The panel’s Decision and Reasons on […]
By Staff |November 16, 2010
1 min read
The hedge fund industry has finally recouped the assets it lost during the height of the credit crunch and is back to 2008 levels, according to new data from Eurekahedge. Industry assets stand at US$1.63 trillion after the value of its investments rose by $18 billion (2.27%) and investors injected a net $10.2 billion in […]
Mutual funds rode a wave of investor optimism in October, racking up nearly $1.46 billion total net sales, according to data from the Investment Funds Institute of Canada. That’s a massive increase from September’s $252.2 million, and October 2009’s $82.6 million. Industry assets under management climbed $11.3 billion to $615.9 billion, a gain of 1.9% […]
By Steven Lamb |November 15, 2010
Canadians appear to be a little less worried about their financial future than they were at the mid-point of the year, according to the Russell Financial Health Index. The improvement might not be much to celebrate, though, as the second quarter marked the index’s lowest reading since it was launched. “The results reflect the cautiously […]
By Staff |November 15, 2010
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.