Industry

Millionaire clients seeking fresh advice

(June 11, 2004) Financial professionals shouldn’t have to look far to find millionaire prospects, a new survey from Taddingstone Consulting Group suggests. The Toronto-based firm says nearly 25,000 Canadian millionaires are on the lookout for a new financial advisor every year. The study also found that while full-service brokers remain the dominant investment advisor to […]

By Geoff Kirbyson |June 11, 2004

3 min read

Low interest rates spark bond rally

(June 10, 2004) Persistently low interest rates fuelled another strong quarter for bond trading, the IDA says in its latest quarterly report. In the first quarter of the year, the Bank of Canada twice cut its benchmark overnight lending rate by a total of 50 basis points, narrowing the spread between Canadian and U.S. short-term […]

By Doug Watt |June 10, 2004

1 min read

Costello upbeat heading into CIFPs conference

(June 10, 2004) There’s a certain comfort that comes from being part of a crowd. When trying to make your voice heard on the political or regulatory stage, the size of your organization can be an asset. The more members your group represents, the louder their voice. But while there may be strength in numbers, […]

By Steven Lamb |June 10, 2004

3 min read

Analyst makes case for market timing

(June 10, 2004) Buy and hold is something of an axiom in the mutual fund industry. Trouble is, this strategy hasn’t worked for the last four years and it isn’t likely to work for the next 11, according to Don Vialoux. Yes, Vialoux is, dare one say it, a market timer. He thinks you ought […]

By Donna Green |June 10, 2004

4 min read