The RIA model is growing rapidly south of the border as financial advisors take advantage of the independence, fiduciary standard and cost savings it offers
Various research papers suggest that many advisors exhibit signs of behavioural biases when managing their clients’ portfolios and in overseeing their own investments
Client service is undoubtedly important, but a strong client experience that’s personalized, keeps things simple and drives emotion resonates because it instills confidence and trust
The initiative will prevent non-credentialed people from holding themselves out as financial planners, but it may lead to discord over who can provide ‘financial plans’
Financial advisors need to remind clients of the consequences and complications that may arise if they don't have a will or power of attorney documents in place
Financial advisors who wish to embrace ESG investing need to take certain considerations into account
Some financial professionals expect the introduction of the advanced life deferred annuity to revive interest in annuities in general as a retirement income planning tool
Wealth-building efforts can erode quickly when late tax-filing fees are applied to taxes owed on April 30
This approach to portfolio customization enables investors to take advantage of tax-loss harvesting in a way they can't with mutual funds or ETFs
Advisors should focus on the areas in which they can have a real impact on clients' lives and leave investment management to those who are in the best position to handle it
Advisors need to leverage technology and provide personalized interaction to give clients with smaller accounts the attention they deserve
Although sales and popularity of ETFs have been on a tear, there are times when mutual funds may be preferable for some investors
Research reveals that women who are mentored well report higher job satisfaction, are promoted faster and earn more money
Various strategies could encourage a greater number of Canadians to become more invested in their path toward a comfortable retirement
Advisors need to ensure their clients are 'emotionally ready' for the repercussions that an economic downturn and volatility could have on their portfolios
When you communicate with people in their own style, you'll build greater rapport, as well as enhance your likeability and trust factor
Genius confers no exemption from securities laws, but regulators must understand that a renegade nature is indispensable for sparking breakthrough change
A recent appeal decision from the Ontario Divisional Court highlights key considerations advisors should keep in mind when assisting clients in estate-related matters
Julie Littlechild, founder of Absolute Engagement, coaches financial advisors across Canada in the art of building their client bases by providing extraordinary service
Set a timeline, create a transition plan and then stick to it, experienced wealth advisors say.
Determination – that’s the key to success in an industry has made little room for women in the past or their style of money management
Financial planners can go the ‘double-double route' without asking many questions, or they can develop a trusted relationship with their clients
Investing experts examine the insurance sector and recommend companies that are leading the way with new technologies.
Consider working with an advisor beforehand to manage your own finances, and then create a plan to incorporate larger sums of money or assets .
Evaluate whether you should go it alone, seek professional portfolio advice, or choose a combination of the two.
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Some investors deploy risky strategies to try to hit home runs within their TFSAs. But most are content to build wealth systematically.
Why retirees should set limits on financial largess with family.
With the recent pullback among oil names, we asked three energy fund managers to pick stocks that offer opportunity.
As the budding pot industry takes shape, three fund experts pick cannabis stocks that could prove rewarding
These companies cater to the food, travel and entertainment preferences of this cohort, portfolio managers say.
Investors should build a ladder that extends five years or less, not longer, advisors say.
After Ken Ogilvie left his job, he became a consultant and just published his first mystery novel. He sees retirement as a gradual transition toward new interests as he keeps fit and grows.
There are advantages to working past the traditional retirement age – it needn’t be an all or nothing affair.
You just got a big raise and would like to move into a nicer place or buy a better car. An advisor can explain the deeper connection to building wealth beyond the immediate rewards of spending.
Investing in exchange-traded funds (ETFs) once meant a passive index-tracking strategy, but now there is a new generation of kids on the block..
Recent ups and downs of the market may have many investors frozen in fear.
While exciting investments – tech and marijuana companies, for example – have provided dramatic returns, research demonstrates that stocks with low volatility and modest but steady growth generally outperform growth stocks in the long run.
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