News and resources for Canada's top financial advisors
Planning and Advice
(May 2003) Too many professional financial advisors appear to be pinned down in the trenches in a gathering media war sparked by disappointed consumer expectations. The rumble of artillery aimed at the advisory community is just starting in Canada’s news media. Many financial advisors may feel like they’ve already been bombed, when they’ve really only […]
By Ken Whitehurst |May 28, 2003
4 min read
(May 2003) According to a recent IFIC press release, net mutual fund redemptions in April were somewhere between $1.4 billion and $1.8 billion. With unpredictable markets and worried clients, perhaps it’s time for you to diversify your business and become reacquainted with one of the staples of financial planning business — mortgage insurance. Here’s a […]
By Staff |May 23, 2003
2 min read
It’s a difficult decision to move your business from one mutual fund dealer to another. During the process, you face downtime, paperwork, and upheaval for your clients. That said, there are good reasons for moving your business to a new dealer: better alignment with your business goals, more stability and respect for your entrepreneurial spirit. […]
By Staff |April 28, 2003
One of the greatest challenges we face as advisors is building larger teams to service the needs of our clients. Our employees gain a tremendous amount of knowledge as they mature in their current positions. So how do we facilitate passing on this “brain trust” to a new hire or replacement? This task can be […]
By W. Lloyd Williams |April 18, 2003
3 min read
(April 2003) It’s an advisor’s dream for his or her practice. Clients come in for their scheduled annual and quarterly meetings — on time, no less — listen to the advice being offered and decide to fully implement the advisor’s suggestions and then merrily go on their way. The truth, however, lies somewhere short of […]
By Jennifer McLaughlin |April 14, 2003
6 min read
(April 2003) With the recent outbreak of Severe Acute Respiratory Syndrome (SARS) in the news recently, it’s only natural that your self-employed or small business-owning clients may be concerned about what would happen should they or their families ever require expensive medication or treatment that isn’t covered by their provincial plans. The cost of private […]
By Staff |April 11, 2003
Today’s new breed of advisor recognizes that the nature of the advisor-client relationship has changed, with discussions shifting from investment markets, products and performance toward life goal-setting, protecting the client’s future and life enjoyment. In light of this shift, we are taking a six-part, step-by-step look at ideas you can use to forge your 2003 […]
By Barry LaValley |April 9, 2003
(March 2003) In last month’s column, I talked about the need for most advisors to go beyond client referrals to grow their business. Going forward, any prospecting activity will have to start with a solid foundation of credibility among the investors with whom you’re hoping to do business. Last month’s column focused on targeting one […]
By Dan Richards |March 20, 2003
(March 2003) Send out this customizable template letter to let your clients know that you are thinking of them during this period of global crisis and are at their beck and call if they have any questions about their investment portfolios or overall financial plans. This gesture alone may be all a client will need […]
By Staff |March 19, 2003
(March 2003) With the current chaos in global politics and the ongoing volatility in the stock market (and many investment portfolios, by extension), it’s natural for your clients to be anxious right now and to have some questions. That’s why you’re there for them and that’s why Advisor.ca has assembled this special package of five […]
By Staff |March 18, 2003
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