News and resources for Canada's top financial advisors
Planning and Advice
One of the biggest challenges we see as coaches, is that financial advisors are so busy working IN their business that they don’t have any time to work ON their business. Responding to clients, dealing with staff issues, compliance, paperwork and “putting out fires” consumes most of the day. There is little time left to work on long term planning which will improve your practice, grow revenues and reduce stress.
By April-Lynn Levitt |December 6, 2011
4 min read
Canada’s advice credentials landscape, with its diverse mix of designations and organizations that provide them, has been criticized for its complexity. Some industry experts see the “alphabet soup” as a barrier to understanding the role and value of financial advice credentials.
By Dr. Roberta Wilton |December 6, 2011
7 min read
Asset allocation is the strategy investors follow to divide their money between different assets like stocks, bonds and cash. The underlying principle is that prices of different assets move in different(uncorrelated) ways, leading to the idea that diversification protects against risk, which is defined as volatility. But asset allocation says little about the investor’s objectives.
December 5, 2011
13 min read
Industry
The importance of a client acquisition and effective delegation cannot be overstated, no matter how successful an advisor's business becomes.
By Vikram Barhat |December 5, 2011
3 min read
Estate Planning
A bequest to a charity isn’t as straightforward as leaving money to a relative or a friend, but most clients don’t realize this.
By Barry Corbin |December 2, 2011
2 min read
Your Business
Calculate the corporate income out of which the dividend was paid. This is achieved by grossing up the actual amount of the dividend received by the shareholder. The gross-up percentage depends on the rate of tax paid by the company. Shareholders are taxed on the grossed-up amount. This is their notional share of the company’s […]
By André Fok Kam |December 1, 2011
24 min read
Market Insights
DC and RSP benefits are completely a function of contributions and the actual investment result for each employee. Employees are responsible for the outcome, not employers, and the pension amount is unknown until retirement. High costs, poor investment decision-making and lack of scale are documented problems with DC plans, which have generally experienced returns 1% lower than DB plans over time, according to a recent Towers Watson study.
December 1, 2011
10 min read
Are you building a business or simply working a paying job?
By Tyrone Matheson |December 1, 2011
Divorce, death of family members, serious health issues and aging parents are tough family situations you need to be prepared to discuss with clients.
November 28, 2011
Fast-growing product offering is changing the licensing debate.
By Christopher Mason |November 28, 2011
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