More than 60% of Canadian advisors expect Canadian and U.S. equities to deliver positive returns for Q4 2016, according to the latest advisor sentiment survey conducted by Horizons ETFs. The survey asked advisors for their return expectations — bullish, bearish or neutral — on 14 distinct asset classes for the upcoming fourth quarter. Read: Negative […]
Nearly one third of Canadian consumers say they're less dependent on banks, putting traditional advice channels at risk, says a new survey.
It’s the dream that dare not speak its name: calling it quits at the big firm and heading out on your own. According to an article in Bloomberg, it’s a dream that’s becoming reality for more and more U.S. advisors. The article reports independent registered investment advisors have more than doubled their AUM — to […]
A best interest standard would provide a consistent and overarching standard.
Coreen Sol Coreen Sol is vice-president, portfolio manager at CIBC Wood Gundy in Kelowna, B.C. She serves more than 400 clients. Her practice is based on four portfolio models for most clients, and she has a separate platform for smaller accounts. The financial services industry is evolving. As advisors continue to adjust to CRM2 and […]
Many Canadians find it relatively difficult or very difficult to save. Find out why.
CSA needs to clarify the benefits and costs of its proposed targeted reforms and best interest standard.
They expect outsized returns from low-risk vehicles.
PMAC predicts a regulatory best interest standard wouldn’t be adopted Canada-wide.
Here's a collection of the all of the top industry news items that went out over the last few months.