Advisors are funny. You prove that to us every week. Here’s the best from this week’s crop of stories advisors across Canada shared with us about the funny side of the investments business. Plan Ahead An advisor in the prairies was talking to an elderly client and his son about how the older man was […]
(London, Ont.) Advisors at the Institute of Advanced Financial Planning’s annual symposium in London, Ont. shared a laugh and some optimism that this quarter’s financial statements will be more pleasing for clients. Said one R.F.P, “I actually can’t wait to get back to the office and send out my statements, because the clients are going […]
You’re sending ’em, we’re running ’em. So keep the train rolling. Here’s the best from this week’s crop of stories advisors across Canada shared with us about the funny side of the investments business. Medical miracles A Prairie advisor shares two tales. The first is from an insurance advisor who had a unique way of […]
Thanks to your excellent contributions, we continue our Friday feature in which advisors from coast-to-coast let their hair down and tell us some of the funny things they’ve encountered on the job. Keep ’em coming! Typographical Errors? An advisor in Alberta had a client who insisted she didn’t want mutual funds and asked that her […]
We talk to a lot of advisors, and every once in awhile they let their hair down and tell us some of the funny things they encounter on the job. Diversity dilemma An advisor in Nova Scotia got an interesting lesson in asset allocation and diversification from one of his clients. The client had the […]
Investors can be slow to pick up on market trends. And so it comes as no surprise that a few advisors I’ve spoken to recently have had to talk clients out of the idea of borrowing to invest. While margin may have made sense for clients who could stomach risk in February or March when […]
We talk to a lot of advisors, and every once in awhile they let their hair down and tell us some of the funny things they encounter on the job. • • • An advisor in the Maritimes has a lot of clients who happen to be police officers, some of whom work undercover. Not […]
About 10 years ago, when I still lived in the States, I got tired of a broker I’d been working with. He’d tried to argue with me about a couple of transactions I’d ordered: And seeing he was only registered as a BD and not an investment advisor, I concluded that wasn’t his job. Further, […]
Our advisors are better. That’s the basic message contained in a consumer-directed brochure issued this week by the Investments Industry Regulatory Organization of Canada (IIROC). In light of recent events, the pamphlet, “Why IIROC Matters to you, the Investor,” is an appropriate reminder of why clients should keep tabs on how their advisors are licensed. […]
Earl Jones, a former Montrealer who’s now on the run, isn’t one of you. By all accounts, he’s nothing more than a common thief. Calling the man an advisor is like calling a mugger a funds transfer specialist, or the guy who knifes you a surgeon. No, he’s not an advisor: Except that the rules […]