News and resources for Canada's top financial advisors
Industry
The Investment Funds Institute of Canada (IFIC) has released a three-part series aimed at helping advisors ensure clients get the most from the new reports they will soon receive under CRM2. The first part, An opportunity to strengthen your relationships with clients, provides guiding principles to help frame advisors’ conversations with clients: 1. Put yourself […]
By Staff |November 21, 2016
2 min read
Affluent European investors are confident they can construct their own portfolios, reveals research by Cerulli Associates. In Germany, Switzerland and the U.K, at least 60% of survey respondents say they are either “fairly” or “very” confident in their ability to adopt a do-it-yourself (DIY) approach to investing. The one holdout is Spain, where only 26% […]
Economic Indicators
To weather volatile markets, advisors seek active management strategies, but they might not realize the full effects of those strategies if they change tack too soon. Canadian investment professionals allocate 76% of total assets under management to active management, reveals a survey by MFS Investment Management, with 60% saying active management has superior risk-management controls […]
More than half of the CFA Institute's U.S. members expect the results of the U.S. election to benefit business, survey reveals
By Staff |November 18, 2016
1 min read
On average, retail revenue rose about 6% annually from 2011 to 2015, outstripping annual operation cost increases, which are only about 2% per year, says new letter from the IIAC.
By Staff |November 17, 2016
Planning and Advice
If your client runs a business, planning for succession is part of planning for success. Indeed, the majority of Canadian family-business leaders (95%) say securing their long-term future is key to success in the next five years, reveals a PwC family-business survey. But there’s a problem: most companies are too focused on day-to-day operations, leaving […]
As you’ve no doubt seen in your practice, clients take many different paths to reach retirement. But unless they have a gold-plated pension, many will not simply quit work on retirement, never to work again.
By Camilla Cornell |November 17, 2016
Almost all Canadian financial advisors (98%) see a shift toward a fee-based rather than commission-based practice, according to a survey report from Vanguard Canada. In fact, among advisors who’ve made the transition, 86% said it had a positive impact on client trust, with a majority indicating it also had a positive impact on revenue growth […]
By Staff |November 14, 2016
Over time, people don't necessarily get better at managing money; they just make different mistakes.
By Staff |November 11, 2016
More than 40% of Canadians say they'd only be able to keep paying their living expenses for one month or less if they lost their main source of income, says FPSC survey.
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