News and resources for Canada's top financial advisors
Planning and Advice
Let’s face it, the ongoing discussion about the relative merits of differing compensation models is one of the defining issues of our generation for our industry. The four basic options include: by salary, by the hour, by assets and by commission. There’s obviously room to mix and match and to use hybrid models, as well. Any conversation about this topic requires the requisite disclaimer of ‘it’s a free country’ and ‘you can use any compensation model you want’, of course.
By John De Goey |September 15, 2011
3 min read
People are more risk-averse in winter than summer, says a new study.
By Melissa Shin |September 15, 2011
2 min read
Economic Indicators
When a client’s job security is on shaky ground, an advisor has to be prepared. This means helping their client get the best possible severance package and making sure they have enough money to safely tread water while searching for a new job.
By Jonathan Linds |September 14, 2011
4 min read
Industry
Listen and learn. At the Advisor Group’s 2011 Distributors' Summit, Cameron Jacox and James Hilton, Managing Partners, Jacox-Hilton Producer Consulting, discussed how MGA owners can determine the value of their operation for both succession and sales purposes.
By Staff |September 14, 2011
1 min read
Listen and learn. Speakers at Advisor Group’s 2011 Distributors' Summit discussed ways industry members can work together to help advisors capture the next generation of clients, better assess and respond to risk, and build a more business-friendly environment. Stephanie McManus, President, Compliance Support Services, discussed ways to get regulators to see reason about a proscriptive rule that doesn’t work with your business model, without triggering a full-scale audit.
By Staff |September 13, 2011
Listen and learn. At Advisor Group’s 2011 Distributors' Summit, Jeff Hughes, GAMA International, Falls Church, Virginia, discussed independent and hybrid independent organizations that rely on industry resources to enhance their own development efforts.
By Staff |September 12, 2011
The key to successful segmentation is a thoughtful analysis of your business, smart selection of clients, and a viable service platform to ensure clients who aren’t on your A-list don’t fall through the cracks. It used to be only a few firms had advisor report cards that outlined a book’s profit and client details.
By Keith Pangertitsch |September 9, 2011
5 min read
Many claim the only market you should be servicing is the lucrative high-net-worth market. Why? According to Ipsos Reid’s 2009 report on affluent Canadians.
By Tyrone Matheson |September 9, 2011
75% of our best clients have debt and it doesn’t have to be this way but our clients need us to change.
By Stephanie Holmes-Winton |September 8, 2011
6 min read
Estate Planning
Holding property jointly has long been called the “poor man’s will”—a way for a person to transfer wealth on death without spending the money to draw up proper documents. So, if a client is considering transferring property into joint ownership with a spouse or children, play devil’s advocate and explain the risks
By Barry Corbin |September 1, 2011
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