News and resources for Canada's top financial advisors
Planning and Advice
(August 19, 2003) Here’s the problem: In the race for the high net worth, advisors are all pursuing the same prospects. Some advisors have found a viable solution by re-tooling their practices and tweaking their marketing campaigns to include private dinner parties, exclusive meetings with clients and money managers, and high-end golf trips — all […]
By Kurt Rosentreter |August 19, 2003
5 min read
(August 2003) Picture your business five years from now: Close to one in three clients will be over 55. And with your clients all five years older, you’ll probably be discussing issues with them that you don’t talk about today. To serve this client base effectively, you will have spent time understanding all of the […]
By Barry LaValley |August 13, 2003
4 min read
Successful advisors are invariably self-motivated. But when we look to motivate our staff, we tend to forget that motivation comes from within. Our instinct is to apply what Frederick Herzberg called KITA: a kick-in-the-a– approach. Over 30 years ago, in a classic Harvard Business Review article, he also told us KITA doesn’t really work. “If […]
By Harvey Schachter |August 8, 2003
3 min read
(July 2003) When you speak about investments, you are usually talking with clients about how to improve their portfolios or maintain their asset base. But what about your investment in your business? How have you invested in yourself? Do you know your four Ps? These marketing principles, when connected to the financial advisory practice, can […]
By Pierre Saint-Laurent |July 21, 2003
(July 2003) The market downturn of the last three years has resulted in many casualties. Among them has been an erosion of the confidence that many clients have in their financial advisors. And it’s not just advisors’ knowledge that clients have begun to doubt — there are two other attributes critical to a good relationship […]
By Dan Richards |July 14, 2003
(July 2003) Although there is a sense of optimism and feeling of momentum surrounding the economy recently, corporate profits and the performance of the stock market, your clients — depending on the type of investments they hold — may still be disappointed when they open their semi-annual statements over the coming weeks. Send out this […]
By Staff |July 7, 2003
2 min read
Do you face podium panic? Speaking in public may be a daunting task, but have you ever considered how critical it is to your practice? Delivering a great presentation to clients and prospects is one of the most effective ways to enhance your credibility and build your business. Learn more about delivering a great presentation […]
By Staff |June 26, 2003
1 min read
(June 2003) The position of player-coach is an exalted one in sports. Bill Russell, Pete Rose, Lou Boudreau and Doug Harvey are some of the big names from the past who at one point simultaneously played for and coached their teams. Lenny Wilkins, familiar to us from his years behind the Toronto Raptors bench, started […]
By Harvey Schachter |June 20, 2003
(June 2003) Advisor and author Rod Burylo has interviewed and studied top performers from various professions across Canada and has discovered one common trait: their number-one objective is solid client relationships, not the sale of a product. “That’s why I find it interesting that in so many circumstances, we will spend far more time learning […]
By John Craig |June 20, 2003
(June 2003) The dramatic revaluations within the world economy over the last several years continue to command newspaper headlines and rule the airwaves. CPP assets were whittled away. Many corporate defined benefit pension funds went from fat to lean to mean. Many mutual fund investors just cut and run. The investment assumptions that guided financial […]
By Ken Whitehurst |June 20, 2003
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