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If investment advisers disappear, how will companies raise money? Add to ...

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As Canadians debate the role investment advisers should play in managing their money, there is one argument that continues to get overlooked: The help they provide to companies who need to finance.

With the wealth management business under siege, as regulators crack down on fees and low-cost funds hurt total revenues, there is a cloudy future for investment advisers. The industry's evolution is raising questions about the effects on individual investors and what type of advice they are able to get.

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