Online search engines and directories
Most advisers belong to an industry organization. Some of these professional groups regulate their own industries. Most can help you search for advisers on their websites. Here are 5 groups to try.
1. Investment Industry Regulatory Organization of Canada (IIROC)
IIROC is a national self-regulatory organization that oversees investment dealers and trading activity on debt and equity marketplaces in Canada. View this list of dealers they regulate. You can also do a background check on advisers regulated by IIROC.
2. Mutual Fund Dealers Association of Canada (MFDA)
4. Financial Planning Standards Council (FPSC)
The FPSC is a not-for-profit industry group that develops, promotes and enforces professional standards for financial planners in Canada. Use this directory to find a Certified Financial Planner near you. They also publish an annual list of planners who have faced disciplinary action.
5. Portfolio Management Association of Canada (PMAC)
Anyone selling securities or offering investment advice must be registered with a securities regulator, unless they have an exemption. Check registration through the Ontario Securities Commission or Canadian Securities Administrators.
Content in this section is provided in partnership with Investor Education Fund, a non-profit organization founded and supported by the Ontario Securities Commission that provides unbiased and independent financial tools to help Canadians make better money decisions. To find out more, go to: GetSmarterAboutMoney.ca
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