News and resources for Canada's top financial advisors
Industry
TD Canada Trust is reaching out to Gen Y, Launching www.tdgetsaving.com, the bank is hoping to assist those in their twenties reach their short and long-term savings goals. The new site offers video tutorials, savings calculators, as well as TFSA and RRSP calculators. “Saving money is not only about cutting back – it’s about making […]
By John Powell |October 6, 2010
2 min read
It’s difficult to reliably determine whether a given security has been issued by a truly quality company and to accurately establish its intrinsic value, but doing so is a critical way to add value to the investment process. Proper portfolio construction, diligent risk management, efficient trading, effective administration and responsive client service are all vitally […]
By Jeffrey Russell and Robert Swab |October 6, 2010
7 min read
John O’Connell, founding partner of The Harbour Group at RBC Dominion Securities, and who recently left the company, has struck a deal to buy discretionary money manager Davis-Rea Ltd. He says he is officially still an employee of RBC until the end of the month. Having worked with RBC DS national director David Agnew for […]
By Steven Lamb |October 5, 2010
The Canadian IPO market seems to be getting back on its feet again. With a quarter of the year still ahead, the cumulative value of initial public offerings (IPO) in Canada for this year has exceeded $4 billion, according to a survey by the PriceWaterhouseCoopers (PwC) of IPO activity on Canadian exchanges. Market watchers, however, […]
By Vikram Barhat |October 5, 2010
3 min read
Mutual fund sales were probably substantially negative in September, according to preliminary estimates from the Investment Funds Institute of Canada (IFIC). The industry group estimates sales could have ranged anywhere from $400 million in net redemptions, to $100 million in net sales. The good news is that long term funds enjoyed net sales of over […]
A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has approved a Settlement Agreement, including sanctions, between IIROC staff and Gary Voncina. In the agreement, Mr. Voncina agreed to pay a $15,000 fine plus $500 in costs. Mr. Voncina also agreed to a suspension from approval in any registered capacity with IIROC […]
By Staff |October 5, 2010
By Jeffrey Russell and Robert Swab |October 5, 2010
The coming decades will be marked by an explosion in the number of Alzheimer’s diagnoses, reinforcing the need for clients to invest in long-term care insurance products, according to re-insurer Munich Re, which hosted its second congress on long-term care insurance in Montreal last week. Citing a recent survey commissioned by the Canadian Medical Association, […]
By David Santerre |October 4, 2010
Unusually strong stock market gains in September helped to boost third quarter mutual fund returns, according to data from Morningstar Canada. In fact, every fund index tracked by the research firm posted a positive return for the quarter. Among the 24 indexes that track equity funds, half managed double digit returns over the past three […]
By Steven Lamb |October 4, 2010
TMX Group is following through with its plan to create a new alternative trading system. TMX has submitted regulatory filings to establish TMX Select, a trading system that’s functionality and pricing models would be separate and distinct from the Toronto Stock Exchange and TSX Venture Exchange. Boasting “seamless connectivity” and “competitive pricing”, the system will […]
By Staff |October 4, 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.