Financial advisors spend decades helping clients accumulate wealth, knowing that eventually those clients will draw down their portfolio to finance retirement years. Keeping that client book as dynamic as possible is important for advisors.
Some people strive for change and others have change thrust upon them. And so it is in the financial planning business. The financial services industry has become so complex that certified financial planner Bradley Roulston, who runs Healthcare Financial Group, a successful niche market financial services business with offices in Toronto and Vancouver, says boldly, […]
“Courteous reader”, Benjamin Franklin wrote in his 1758 book, Way to Wealth, “Get what you can and what you get, hold. ‘Tis the stone that will turn all your lead into gold.” Wealthy Canadians usually have themselves well fortified against Canada Revenue Agency’s attempts to turn their gold back into lead at tax time, but […]
The U.S. economy has been walking around in a daze since it fell off that cliff in 2008, but if America can get its mojo back, 2011 could prove to be a turn around year.
This Advisor.ca Special Report is sponsored by: Historically one of the worst months of the year, September turned out to be a strong month for equity markets, continuing a rally that has been underway since the beginning of July. It’s a shame so many investors remain parked in cash. Watching a rally from the sidelines […]
This Advisor.ca Special Report is sponsored by: As a financial planner and actuary, William Jack has seen the future. Depending on how the boomers manage and spend what they’ve accumulated the picture ranges from grim to not bad. “One man told his children, ‘I plan to spend the last penny on the day I die […]
A former U.S. Federal Reserve official, Cathy Minehan, was recently quoted as saying, “We’re in a lousy middle, between the economy picking up on its own, and falling off a cliff.” And no one likes falling off a cliff, especially when it comes to money. “This is no time to stick your neck out,” says […]
Retirement age Canadians may have more ways to fortify their future than they realize. Although their portfolios may have been undermined by the “Black Swan” events of the 2008 market shakeup, a thorough budget review and a sharp pencil can significantly improve their outlook. Patricia Lovett-Reid, senior vice-president with TD Waterhouse Canada, tells clients to […]
Never count Europe out. It has a long industrial heritage and despite its troubles it still makes up 25% of the world’s economy powered by corporations more than able to withstand the stress of the sovereign debt crisis and the remnants of the 2008 subprime mess. Canada’s European portfolio managers are sifting through rubble and […]
This Advisor.ca Special Report is sponsored by: Fortune favours the bold, and emerging markets have returned some astronomical results over the past decade. But investing in developing countries is no slam-dunk. It requires experience, a global view and hard core due diligence. Grabbing a basket of stocks from India, China or Eastern Europe will not […]