Industry News

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(April 9, 2007) The most recent results of the RBC Consumer Attitudes and Spending by Household (CASH) index found that American consumer confidence is at its lowest level in six months. The survey, which measured the attitudes of 1,000 Americans earlier this week, found that overall consumer sentiment decreased by nearly seven points in April, […]

By Staff |April 9, 2007

3 min read

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Most investors ignore independent advisors

A recent survey suggests the market share of client assets managed by independent advisors is just a drop in the bucket compared to those managed by the banks. Decima Research found only 12% of 691 investors surveyed would opt for an independent advisor’s services. Two-thirds say they have some assets with a bank advisor and […]

By Mark Noble |April 9, 2007

3 min read

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Pick a retirement date – ClearPath takes care of the rest.

For more great content from Fidelity, please visit our Advisor Center exclusively on Advisor.ca Fidelity ClearPath™ Retirement Portfolios: Fidelity will make sure you have everything you need for the event. Plus, one of our retirement specialists will present the material! > Get the latest Fidelity ClearPath materials. (Login to fidelity.ca required). April 2007

By Staff |April 9, 2007

1 min read

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(April 5, 2007) It’s been 31 years since Canada saw a March with better job growth. Fifty-five thousand new jobs were created during the month, capping off a very strong first quarter, StatsCan reports. About 158,000 jobs were generated in the first three months of the year, making it the strongest first quarter job growth […]

By Staff |April 5, 2007

3 min read

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Open exchanges to foreign investors, says Flaherty

If you thought Jim Flaherty’s proposal to open up Canada’s stock exchange to foreign investors was limited to three pages in the recent budget, think again. The Conservative finance minister has taken this idea to the speaking circuit — most recently in London, England. On Monday, Flaherty spoke to the Canada–U.K. Chamber of Commerce, where […]

By Bryan Borzykowski |April 5, 2007

5 min read

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Fund investors ignore March volatility

Despite the stock market frights out of the U.S. and Asia last month, Canadian investors seem to have stuck to their investment plans, with net new sales of mutual funds ringing in at between $4.9 billion and $5.5 billion, according to preliminary data from IFIC. “Investors’ confidence in the growth value of mutual funds remains […]

By Steven Lamb |April 4, 2007

2 min read

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(April 4, 2007) Rockwater Capital Corp. has announced changes at the top, following the completion of CI Financial’s takeover of the firm. Gerald C. Throop, head of capital markets for Blackmont Capital Inc., has been replaced by Wayne D. Adlam, current executive vice-president of capital markets at Blackmont, effective immediately. Throop will remain in his […]

By Staff |April 4, 2007

2 min read

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Boomers facing generational crunch

The trillion dollar wealth transfer may be a myth as the baby boomer’s parents are living longer and need their assets to survive. A recent BMO Financial survey of nearly 2,200 baby boomers found that 34% of boomers are currently supporting both of their parents. And 44% of those caring for elderly parents are simultaneously […]

By Mark Noble |April 4, 2007

3 min read

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(April 3, 2007) Credential Financial announced today that as of June 30, 2007, Credential Asset Management would become the carrying dealer for the Mouvement des caisses populaires acadiennes. The Mouvement des caisses populaires acadiennes has more than 200,000 members and offers advisory services to 33 caisses operating in 85 business locations in New Brunswick. The […]

By Staff |April 3, 2007

3 min read

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Advisor.ca welcomes new editor

Advisor.ca is pleased to announce the appointment of Deanne Gage as editor of the website, following the February departure of Doug Watt. Readers will recognize Deanne from her previous role as editor of Advisor’s Edge magazine, a role she has held since 2005. Deanne joined the Advisor Group in 1999 as associate editor, and her […]

By Staff |April 3, 2007

2 min read

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