In a perfect world clients would see their returns skyrocket without putting their capital at risk. But life’s not perfect. Protecting capital while maintaining and growing investor returns is a challenge all advisors face, especially as the client is entering retirement. Clients want more money in their accounts but that’s difficult to do without taking […]
When Matthew Paradis wanted to expand his business last year, there was only one option he and his partner considered – join an IIROC dealer and leave their MFDA days behind. The Orleans, Ont.-based advisor, who’s been working with mutual funds for six years, said the decision to switch self-regulatory organizations was an easy one. […]
When Matthew Paradis wanted to expand his business last year, there was only one option he and his partner considered – join an IIROC dealer and leave their MFDA days behind. The Orleans, Ont.-based advisor, who’s been working with mutual funds for six years, said the decision to switch self-regulatory organizations was an easy one. […]
(November 2009) It’s every advisor’s November ritual: taking a fine-tooth comb to clients’ financial plans. Reviewing portfolios, revisiting risk and reminding clients about their tax obligations are things every good planner does. But being diligent with clients doesn’t mean you can take care of yourself. “Advisors need to take their own advice,” says Michelle Munro, […]
The goal of retirement income planning is to make sure your clients have enough cash for their golden years, but that involves more than just finding the right annuity. Tax planning is one of the best, and easiest, ways to keep more money in your clients’ pocket. While there are several tools to mitigate a […]
With 213,000 Canadian jobs lost since October, many advisors have at least one client who’s been given the pink slip. Dealing with the laid-off investor requires more than just a few encouraging words and a quick look at the finances, though — a client loses a job, the advisor becomes part therapist, part financial planning […]
Tom Bradley left as CEO of Phillips, Hager & North three years ago, but rather than jumping into an early retirement, he opted to start Steadyhand Investment Funds – a small, low-fee shop in Vancouver. Building a company from scratch, however, is no easy task even for this fi- nancial industry veteran. Advisor’s Edge Report […]
For some financial planners, their client’s gender doesn’t have an impact on how they work. But one advisor argues that sex does matter. Erika Penner, a Richmond B.C.-based CFP, says men and women don’t have the same ideas when it comes to financial planning. “People often think that men and women are the same in […]
When RRSPs were introduced in 1957, no one expected to see Canada’s investing landscape become as diverse as it has. With T-Series funds, corporate class options and now the tax-free savings account —not to mention all the various tax strategies that have come into play over the last 50 years —helping a client ease into […]
With markets crashing and global economic woes on everyone’s minds, it’s not surprising that equity financing in the third quarter of this year took a major tumble. According the Investment Industry Association of Canada — it released its New Issues & Trading report on Monday — equity issuance was down 44% from the second quarter, […]