Running a successful advisory practice while still maintaining a rich home life is the holy grail for any advisor. Advisor’s Edge hosted leading Canadian CFAs who’ve been able to do just that and asked them their strategies for improving work-life balance.
How advisors are paid, and by whom, has long been a matter for controversy
While there’s always a chance of catastrophe, the odds of an all-out financial Apocalypse are pretty long, according to Jurrien Timmer, director of global macro research and portfolio co-manager of the Fidelity Tactical Strategies Fund. In a recent webcast, he explained why he’s overweight equities and precious metals at the expense of investment grade bonds. […]
Should investors chisel their portfolios onto granite and wait them out for the long haul, regardless of what happens in the markets on a monthly, quarterly or yearly basis? Or should money managers take a more flexible approach to the way they slice up their clients’ asset class percentages? Two top portfolio managers answer this question by explaining the difference between strategic and tactical asset allocation, and how and when to employ the latter.
Most people in this business fear regulators, and for good reason. But the first step in dealing with them effectively is to understand they are themselves motivated by fear, said Stephanie McManus, president of Compliance Support Services at the Advisor Group’s annual Distributors’ Summit.
Two advisors weigh the merits of passive investing
Reader Alert: This is a follow-up story to ‘Puppet Trustees’ Get a Second Chance. Two lower court rulings in the Garron Family Trust et al. v. The Queen case established central management and control of trust assets, rather than the residence of trustees, as the key test for determining the residence of a trust. That […]
The practice of sheltering income from Canada’s tax man by setting up what amount to nominal trustees in a tax haven like Barbados was dealt a severe blow in a recent court case. But the Supreme Court of Canada has decided to hear the case anew, a decision that may breathe new life into a […]
Earlier this year, the CFA Institute’s annual conference in Edinburgh, Scotland featured two speakers addressing two very different, but ultimately related types of risk. Unrewarding risks The most critical component of portfolio risk management is identifying and eliminating unrewarding risk, according to Guy Stern, investment director and head of multi-asset fund management at Standard Life […]
Statistics Canada’s recently released inflation figures are a mainly positive sign both for the Canadian economy and investors, suggests Serge Pépin, head of investments at BMO Investments Inc. “There’s a good side and a bad side to inflation,” he said. “When inflation is rising, it usually means there’s good economic growth behind it, so you […]