In this week's edition:

The U.S. election dominated headlines this week, and we spoke to three financial advisors about their initial reactions to President Trump’s win on Tuesday. The advisors were tuning out the noise and tuning in to the fundamentals, such as proper planning and asset allocation.

Working with accountants and legal professionals, advisors can help business owners understand key tax, retirement and estate planning concepts to maximize and protect wealth, writes columnist Wilmot George. To that end, George provides several questions that advisors can ask their business-owner clients to identify planning opportunities and address concerns.

If you serve older clients, an eldercare consultant may be a valuable addition to your professional network. Our latest “Partnering like a pro” series looks at such a partnership and how the advisor and consultant work together to serve clients.

According to a new report from the Ontario Securities Commission’s investment management division, mutual fund risk ratings are undergoing a continuous disclosure review, which is expected to be completed in fiscal 2025 (ending March 31). The review follows a report from the Ombudsman for Banking Services and Investments that flagged the “potential systemic underrepresentation of risk in some mutual fund risk ratings in recent years.” The OSC also said it would publish a consultation paper next year detailing the results of its review of ETF regulation. Read all the details.