President Barack Obama warns the U.S. will lose top credit rating in default, urges people to pressure Congress.
Show clients you’re proactive by sending them this customizable letter about the Federal Budget. Dear [Client/Prospect name], As you know, Finance Minister Jim Flaherty delivered his federal budget on March 22 in Ottawa. This budget has several items that could affect your financial plan or present additional opportunities. In case you haven’t had a chance […]
As countries worldwide gradually post positive economic news, investors here are asking advisors when they can expect a sharp up-tick in returns.
Self-directed investing isn’t a threat to advisors who take the time to truly know their clients, and it’s also no replacement for proper, holistic financial planning.
From a basement office in 1997 to a stand-alone building that houses their business and serves as a gathering point for more than a dozen local charity groups, O’Farrell Financial Services Inc. in Kemptville, Ont., has seen a lot of change in the past 13 years. But, amidst all the change, the firm has stuck […]
A year ago, advisors heard many clients announce they’d delay retirement. Fear was the flavour of the month. And, with losses mounting, a lot of advisors who’d been preparing to shift focus from accumulation to payout put the brakes on those plans and opted to stay on the asset-gathering course a little longer. But surging […]
In our circles, the subject of where the next generation of advisors will come from is discussed quite frequently. What’s less talked about is where the next generation of clients will come from. For the past three decades, advisors have been busy with baby boomers. These aggressive asset accumulators make great clients. They have money, […]
Canada needs to speak with one voice about securities regulation, especially in light of its key role in the G-20 and other worldwide forums, Doug Hyndman, chair and CEO of the Canadian Securities Transition Office told the Investment Industry Association of Canada 2010 conference today. “We can punch above our weight . . . and […]
Stronger regulations may not have stopped the 2008 financial meltdown but hopefully would help contain future crises to more manageable levels, Anthony Fell, corporate director and former chairman and chief executive of RBC capital markets told the Investment Industry Association of Canada 2010 conference today. He laid much of the blame for the 2008 market […]
Housing’s tentacles reach into so many sectors of the economy — everything from finance and furnishings to food and fuel — and it has a solid track record of hinting when an economy is slipping into, or climbing out of, recession. So it comes as no surprise that many see this week’s shabby existing home […]