Portus fallout: How advisors have been affected

(March 2005) Advisors who sold Portus products are on the defensive. They’re dealing with worried clients, irate investors and intense media scrutiny. Advisor.ca looks at the some of the challenges these advisors are facing in this three part series.

Dealing with worried clients With Portus stuck in regulatory limbo, advisors are offering guidance to colleagues who may have referred clients to the hedge fund firm. Click here to hear their advice.

The irate investor What happens when an advisor recommends Portus to a client and then stops all communication when the firm’s assets are frozen? The advisor loses the client, who is left frustrated and upset. To hear one such story, please click here.

The blame game Advisors who sold Portus products are on the defensive. Unfairly so, some think, who are unhappy with both the OSC and the media’s coverage of the story. Please click here to read their reactions.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.