Industry

U.S. advisors felt internal squeeze on profitability in 200

Having the time capacity to serve clients: 56.3% Time management: 52.0% Getting better clients: 48.3% Improving efficiency and productivity: 39.9% Profitability: 31.6% The study, conducted by Moss Adams LLP, acknowledged that many of these challenges are related to each other. The FPA is the membership organization for the U.S. financial planning community. Filed by Jim […]

By Staff |September 25, 2002

2 min read

Fed holds steady on interest rates

(September 24, 2002) The U.S. Federal Reserve today left its key interest rate unchanged but again signalled it stands ready to take action if the economy doesn’t improve. American interest rates have remained at 1.75% throughout 2002, a 40-year low. “Aggregate demand is growing at a moderate pace,” the Fed said in a statement, adding […]

By Staff |September 25, 2002

1 min read

Canadian accounting student wins AIMR 9/11 scholarship

Jim MacDonald (September 16, 2002) A Canadian woman is one of the first recipients of scholarships from a Sept. 11 memorial fund established by the Association for Investment Management and Research. AIMR created the “11 September Memorial Scholarship Fund” to remember the 56 AIMR members and Chartered Financial Analyst candidates who died in the terrorist […]

By Jim MacDonald |September 20, 2002

2 min read

Canada expected to post respectable growth while U.S. sputters

Jim MacDonald (September 16, 2002) Economists at the TD Bank say the economic struggles of the United States will not be enough to undermine the impressive performance of Canada’s economy this year. In their quarterly forecast, TD economists said today the growth of Canada’s economy would slow in the second half of the year from […]

By Jim MacDonald |September 20, 2002

2 min read