News and resources for Canada's top financial advisors
Planning and Advice
It’s that time of year again. Even if you’ve talked about tax savings strategies with your clients throughout the year, send them this letter to review the rules and opportunities they can take advantage of when they file their return this spring. Dear [Client’s name], You’ve probably heard all about tax-free savings accounts by now. […]
By Staff |January 14, 2009
3 min read
It’s amazing what you can learn from sitting down and talking to people; and we consider ourselves fortunate to be able to speak at length with top advisors across Canada. In these Final Words, we share some of their insights into client service, and how advisor/client relationships have evolved over the years. Planning “A decade […]
By Staff |January 12, 2009
The purpose of marketing to clients and prospects is to get their immediate attention. So many financial advisors, though, keep telling me how difficult it is to market these days. Why is that? I suggest that most are benchmarking their current results against the result of marketing efforts they made back in the early- to […]
By Shawn O'Brien |January 9, 2009
5 min read
Now is the time to create a strong start for the year by creating a strong vision for 2009. This gives your business plan a foundation, allowing you to set goals you can use to reward yourself during your journey into the new year. Without a vision and business plan, stress and exhaustion seep in, […]
By Simon Reilly |January 2, 2009
4 min read
In this, the last of a three-part series based on the IAFP Symposium Case Study, AER concludes what must be addressed with the Royal Family, in relation to a comprehensive financial plan. In this, PART 3, we mention all remaining considerations of their plan and include options, ideas and solutions submitted by readers for the […]
By Romana King |January 1, 2009
8 min read
While reading Thomas Homer- Dixon’s fascinating and terrifying book The Upside of Down recently, I came across an assessment of his that struck me as an insightful comment on human nature. He was commenting on the concept of denial. According to Homer-Dixon, people who succumb to denial go through three psychological phases. The first he […]
By John De Goey |January 1, 2009
Life
Last week, our client management software supplier told us that as of next December, it’ll no longer support our system. The notice dealt a double whammy because the company doesn’t plan on replacing the software, and no other company has plans to step in. This abrupt severance of a 20- year relationship induced a sense […]
By David Wm. Brown |January 1, 2009
Times are tough. And they’re going to get tougher. And in these desperate times, some will turn to desperate measures. Identity theft, already an established criminal enterprise thanks to the placing of so much customer data on hard drives and the ability to use the Internet and search for people’s particulars, is bound to increase […]
January 1, 2009
9 min read
Clients tend to view the New Year as a new beginning, so it’s a great time to revisit your client’s investment objectives as their portfolio values start to hover back near their pre-recession values. Clients caught off guard by the financial crisis that bottomed-out in March have been well served by staying invested in equities […]
By Mark Noble |January 1, 2009
Networking within the community Centres of influence Referrals from satisfied clients Review your relationship management strategies for each segment. Review the criteria for establishing various segments. Personal profit and loss: How does your personal situation compare to the previous year? With all the time and effort you dedicate to helping your clients plan for the […]
By Kim Poulin and Art Schooley |December 15, 2008
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