In market speak, if passive ETFs are akin to a dog chasing its tail, for how long can it chase it? And what happens if the dog catches it? The surging popularity of passive ETFs has raised questions for market strategists about the limits of passive ETFs and how much more they can grow. Ten […]
Maureen Jensen, head of the Ontario Securities Commission, has faith that robo-advisor platforms will not replace human financial advice. “I don’t think they’re going to replace advisors,” Jensen told an audience of financial advisors on Thursday. “Advisors are a very important parts of this market. They’re critical for the interaction with clients. I think what […]
In an industry where the definition of “financial advice” is becoming blurry, regulatory disclosure does not solve all issues, says Andrew Kriegler, president of IIROC. Regulators need to adapt faster to an environment where clients want more control over their investments and may perceive online products and services as offering them financial advice, Kriegler told […]
What one quarterly report teaches us about reading financial statements
The situation Torontonians Jonah and Yaelle Goldstein,* both 75, love their stately Lawrence Park home. But, it’s become too much work to maintain. With its four bedrooms, five bathrooms and expansive backyard, the house was great for entertaining clients, friends and family when the couple was actively working as real estate agents. Now that the […]
Clients should stay away from wielding influence over businesses they don’t want associated with their own corporations for tax reasons.
Last year, the Trudeau government took away one of the benefits of corporate-class funds, but this year, it’s made a small concession.
If you have married clients who each legally own separate small businesses, but one of them takes care of operations for both, watch out.
The federal government’s budget plan is a warning to advisors and clients.
Some of the country’s biggest banks have clarified what they require for employees who use the word “advisor” in their titles.