The province's fall economic update confirmed legislation is coming
Pravin Kumar First vice-president and portfolio manager, CIBC Wood Gundy, Vancouver I’ve been working for 23 years, so I’m actively looking — internally and externally — for a capable associate to partner with and to eventually succeed me. To help, my firm has a dedicated succession planning team, which keeps me on track in a […]
Ready to add to your book of private clients? At its national conference in Toronto, the Portfolio Management Association of Canada (PMAC) held a session on serving private clients. (The target client was defined as having more than $1 million in investable assets, not including equity in real estate or private business.) “The majority of […]
Online platforms may be on the rise, but the advisor-client relationship isn’t going anywhere. “The prospect of fully automated advice is not something Canadians should expect in the near term,” says a draft report on fintech innovation by the Competition Bureau. The comment is made in relation to suitability risk for robo-advisors, such as flawed […]
Amid confusion about advisors’ titles and a move toward greater title transparency, there’s one that might prove more familiar to Canadians: certified financial planner. Read: Ontario ‘working closely’ with SROs on titles reform That’s because 85% of Canadians with financial planners say they know “for a fact” that their advisors are CFPs, reveals a survey […]
Similarly, bullish sentiment on Canadian financials and energy has also picked up since last quarter.
Give clients more by offering less
It can make goal-setting easier
Can you fulfil their wish list?
40% say they don't "get what they pay for" when using a traditional wealth advisor.