News and resources for Canada's top financial advisors
Planning and Advice
It is that time of year again. That time when advisors should start thinking about planning for next year and putting together a written business plan. Well, at least you think that would be the case. Amazingly enough, many advisors do not do so. Various studies have pegged the number with a plan ranging from […]
By April-Lynn Levitt, Juli Leith |November 25, 2009
3 min read
(November 2009) Clients are often busy shopping for holiday gifts in December, so why not send them a letter reminding them that buying presents isn’t the only thing they need to do by the end of the year. This template letter explains to clients a few of the tax-related things they need to do before […]
By Staff |November 17, 2009
2 min read
Historically, advisors have accepted the strategy of asset allocation as a great way to protect clients from risk while maximizing their potential returns over time. However, 2008 proved to us that no matter how well assets were allocated or diversified, this strategy just wasn’t enough to protect a lot of investors from the thrill ride […]
By Stephanie Holmes-Winton |November 12, 2009
4 min read
Profile : Sandra Pierce Senior vice-president and investment advisor The Fox Pierce Segal Group Blackmont Capital Toronto Years in the business: 25 About me I help clients express their financial fears or concerns and educate them about the issues and solutions available. How I work with clients We definitely attract clients like us—very sensitive, thoughtful, […]
By Sandra Pierce |November 10, 2009
It should go without saying that financial advisors have a duty to know their clients. This means that they must inquire about their clients’ financial circumstances. How can a financial advisor go about this process without being intimidating and yet still manage to get the information they need to provide good advice? The answer may […]
By Harold Geller |November 9, 2009
It doesn’t really matter whether you think you are brilliant if your clients don’t remember what you tell them. Your clients have to be engaged from beginning to end in your conversation and they have to remember what is in it for them long after the discussion has ended. Clients must understand the needs that […]
By Barry LaValley |November 2, 2009
Financial Planners Standards Council (FPSC) has officially announced changes to its Certified Financial Planner® certification program, which will come into effect July 1, 2010. First of, FPSC has changed the names of the exams that will constitute the examination requirements for CFP certification. What were referred to as the Professional Competence Examinations 1 and 2 […]
By Staff |November 1, 2009
If you’re a self-employed advisor and hire an assistant – be it your spouse or someone at arm’s length – as long as he or she actually performs the work and is paid a reasonable salary, you should have no trouble deducting the wages you pay. The ability of an advisor who’s considered an employee […]
By Jamie Golombek |November 1, 2009
I’m a financial planner in a small and remote northern community. When I first started in the business, life was a lot simpler. We didn’t have CNBC. We didn’t have Twitter, or podcasts, or webinars, or even email. The internet didn’t exist at the time. Back then I used to try to catch the Paul […]
By Brad Brain |November 1, 2009
5 min read
Everyone knows a “guy” or has a “guy.” And we all take great pride in recommending our “guy” to anyone who will listen. I have several “guys” and a few “girls” of my own. There’s my restaurant guy who I recommend to all my out-of-town clients:.“Go to Tony’s,” I always say. “He’ll take care of […]
By Keith Pangretitsch |November 1, 2009
7 min read
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