Investors are checking up on you

Tomorrow is Check Registration Day, says the CSA.

It’s encouraging your clients to check the registration of all firms or individuals currently selling securities or offering investment advice to them and their families.

Further, the organization stresses 60% of those with a financial adviser never completed any form of background check before hiring them, according to its 2012 Investor Index.

Read: IIROC encourages advisors background checks

It adds a third of Canadians say they’ve been approached by a fraudster, which makes them more selective about who manages their wealth.

To ensure your clients are satisfied and loyal, check in with them and offer to answer their lingering questions. For prospects, outline your specific services and credentials upfront.

Read:

Prevent competitors from scooping your clients

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Canadians needs to choose advisors carefully

Monitor your shelf

Becoming the next superstar advisor