To help you prepare for the new requirements, industry guru André Fok Kam explains the ins and outs of CRM II’s performance reporting requirements in the latest addition to our Continuing Education offerings.
Christine LaLiberté, CIM, FCSI, is senior investment advisor, director, private client group at DundeeWealth (renamed HollisWealth as of November 2013). Her clients are mostly business owners, retirees or those nearing retirement. About 70% of her clients are between ages 55 and 70.
Major CRM changes to be phased in over three years
Analyzing client information could lead to higher production.
The CFA program requires all charterholders practice the highest level of professional and ethical standards when dealing with clients, says Margaret Franklin, CFA. Investors and clients are in distress, and need to trust their advisors.
With implementation of the Client Relationship Model now underway for IIROC firms, advisors and dealers must put into place greater disclosure regimes and higher standards for product suitability over the next two years.
The Canadian Securities Administrators (CSA), together with IIROC and the MFDA, have released a notice and request for comment on a series of amendments to National Instrument 31-103 and Companion Policy 31-103CP as part of their ongoing Client Relationship Model (CRM) project. The proposed amendments would do the following: • Enhance the current disclosure of […]