Industry

Making the Switch to IIROC

When Matthew Paradis wanted to expand his business last year, there was only one option he and his partner considered – join an IIROC dealer and leave their MFDA days behind. The Orleans, Ont.-based advisor, who’s been working with mutual funds for six years, said the decision to switch self-regulatory organizations was an easy one. […]

By Bryan Borzykowski |May 14, 2010

8 min read

Creating a circle of trust

Testamentary trusts can be a useful tool in creating an estate plan, and ensuring that spouses who remarry, children from previous marriages and disabled children are all looked after. They are established through a will and become effective upon death. A trust requires three people: The settlor is the creator of the trust, who transfers […]

By Akua Carmichael |May 14, 2010

5 min read

Planning not portfolios should come first

When she started in the profession in 1981, a securities licence wasn’t in Kathleen Clough’s sights. The PWL Capital wealth manager, who counts a CFP and RFP among her designations, originally went to work for a firm that did high-level financial planning for senior executives. And, until seven years ago, she focused solely on non-transactional […]

By Philip Porado |May 14, 2010

3 min read

Sun Life launches new mutual fund company

Sun Life has announced it is entering the mutual fund business, based on the investment teams already in place at its U.S.-based asset manager, MFS Investment Management. “We are expanding our wealth business in Canada by bringing more choices and innovative products to retail investors,” said Kevin Dougherty, president, Sun Life Financial Canada and president, […]

By Staff |May 13, 2010

3 min read