News and resources for Canada's top financial advisors
Industry
Concerns over excessive regulation are driving initial public offering listings away from U.S. exchanges and onto overseas trading venues. And Canada deserves a piece of that action, according to members of the Crawford Panel which presented its final report on Wednesday, recommending the creation of a single securities regulator. Canada is currently the only major […]
By Philip Porado |June 7, 2006
3 min read
(June 6, 2006) The flight of the loonie in the last three years has cost Canadians a third or more of their gains held in foreign currencies, according to Criterion Currency Hedge Funds. While some advisors dismiss currency risk, Criterion, an affiliate of VenGrowth Asset Management, claims the “do nothing” approach has “cost Canadians dearly […]
By Staff |June 6, 2006
5 min read
The wealthy in Canada are growing in number, and their investment needs are changing accordingly, says Keith Sjogren, director of strategy consulting at Investor Economics. Speaking at an investment conference in Toronto on Monday, Sjogren discussed his company’s recent survey on Canada’s lucrative millionaire market. The survey segments Canada’s high-net-worth clients into three groups: mass […]
By Heidi Staseson |June 6, 2006
MGAs put tech on the front burner Insurance advisors want more from their MGAs Retirement boom fuels new investment strategies It’s the stories that sell CI More Conference Collection: It’s the stories that sell CI Retirement boom fuels new investment strategies Insurance advisors want more from their MGAs MGAs put tech on the front burner […]
By Kate McCaffery |June 6, 2006
4 min read
(June 5, 2006) Saxon Financial has introduced a new website for advisors, called “Advisor Insight,” and will now offer F-class units for fee-based advisors. All Saxon funds, with the exception of Saxon Money Market Fund, will be available in the F-class series, Saxon says. The website provides detailed analysis of Saxon’s value investment philosophy and […]
By Staff |June 5, 2006
If you want to sell an RESP, who do you approach? To many this seems like a dumb question, but the answer is anything but obvious. And it is one question insurance brokers might want to ask themselves if they want to grow their business in the underserved middle market. If you’re looking for a […]
By Mark Brown |June 5, 2006
2 min read
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Investors who sold in May and went away could be heaving a sigh of relief, as long as they sold at the beginning of the month. Equity mutual funds took a pounding as global markets faced their first real market correction in years, according to the latest performance data from Morningstar Canada. Of the 31 […]
By Steven Lamb |June 2, 2006
(June 2, 2006) The sharp drop in energy and material stocks last month was likely only a blip, predicts CIBC World Markets chief strategist Jeff Rubin, who maintains that resources will push the S&P/TSX Composite Index to 15,000 by the end of 2007. “The 460-point decline in the TSX in May presents an ideal buying […]
By Staff |June 2, 2006
Without so much as a press release, the investment industry has started the unprecedented step of returning referral fees to clients who bought into Portus Alternative Asset Management. But at least one firm has missed the deadline. As part of a deal struck earlier this year between the Ontario Securities Commission, the Investment Dealers Association […]
By Mark Brown |June 2, 2006
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