Comments on embedded commissions reveal advisor experience in the trenches
Insights for advisors who serve seniors
After launching in the U.S. last year, Wealthsimple is now expanding into the U.K. Wealthsimple says an “invitation-only beta version” of the service is open in the U.K., which will launch in September. The robo-advisor now has more than 30,000 clients in Canada and the U.S. and $1 billion in assets under administration. It expanded […]
Potential problems include an apathy gap and more discretionary managers
The MFDA has released a research report on its members, advisors and clients. The report aims to offer more information on MFDA members’ business operations as well as inform stakeholders of the potential impact of an embedded commissions ban. The MFDA recognizes there are factors at play that it hasn’t measured, but says, “Although it […]
Are cyborgs the future of advisory services?
Do you use referral arrangements with outside experts like lawyers or accountants? Dave Lee senior wealth advisor, Scotia Wealth Management, White Rock, B.C. Yes, I use referrals, but they aren’t formal arrangements, so no disclosure is required. The best referrals are freely given and arise from demonstrating above-and-beyond service. For example, at tax time I […]
Four advisors share how they grow interest in ESG analysis and investing
Industry changes call for advisors to help clients meet life objectives through value and convenience
Emerging markets is the sole industry benchmark to receive advisors' bullish sentiment