Young clients have long time horizons. So they’re prime candidates for a set-it-and-forget-it investment model.
Embedded compensation is a hot topic at the 2013 CAILBA Annual Meeting.
CIBC chief executive Gerald McCaughey received a bit of a rough ride at the chartered bank’s annual meeting Thursday, and it had little to do with 2012’s modest performance. The head of one of Canada’s biggest financial institutions was the subject of several complaints from the floor about his compensation and that of the bank’s […]
At last year’s shareholder meeting, Citigroup’s executives ran into a brick wall over their pay scheme, with more than half of investors putting up resistance. This year was different: over 90% approved, reports the Financial Times.
Barrick Gold plans to award new co-Chairman John L. Thornton an $11.9-million bonus payment.
Financial advisors are focusing on bigger, more productive clients.
Should there be a fiduciary standard for advisors? Absolutely.
U.S. advisors’ compensation levels will increase in 2013, says the 2012 U.S. Asset Management Compensation Report.
The OSC has set its funding model for the next three fiscal years.
Karen Mizgala had been working as a commissioned advisor in Vancouver for six years, when clients increasingly began demanding a different kind of service.