Advisor Weekly Indicator

Plus, iA Private Wealth scores big and RRIF proposal pulled ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Stop picking lucky investment managers

Equity markets have largely surpassed expectations in 2025, but there has been sufficient volatility in recent years to increase interest in active investment management. Increasingly, the smart money is employing hybrid strategies that depend on index investing in efficient, relatively stable markets with the selective application of active management elsewhere.

Active ETF assets in Canada have grown by 15 times in the decade to March 2025, according to Morningstar. During the same period, passive ETFs merely quadrupled. Manulife has reported that actively managed ETFs made up roughly 42% of net inflows into Canadian ETFs in 2024. That’s despite representing less than a third of total ETF assets under management.

Recent advances in active manager selection have the potential to spur still more growth. Michael Ervolini has spent the bulk of his career developing analytics designed to help advisors and institutional fund managers identify, and in fact quantify, manager skill. To date, that work has focused on publicly traded equities, but he says the groundwork he’s laid can be applied to other asset classes.

Keep reading

Industry moves: iA Private Wealth, Harbourfront, grow their ranks

iA Private Wealth has added three senior mutual fund advisors from IG Wealth Management, six wealth advisors from CI Assante Wealth Management, four senior wealth advisors from Manulife Wealth and a fifth from Investment Planning Counsel. Alisha Hiyate has the details.

It’s official: RRIF proposal is off the table

The Department of Finance has confirmed that the Liberals’ election promise to reduce the mandatory minimum RRIF withdrawal by 25% for one year isn’t happening. Michelle Schriver reports.

Court rules DNA test not warranted in estate case

A B.C. court has declined to order that a woman take a DNA test to prove that she’s entitled to a share of her father’s estate. It ruled that “an unsubstantiated family rumour repeated by the applicant and/or her sons is not a sufficient basis on which to compel a party to undergo a DNA test.”

You can’t do it all yourself

Growth can make delivering high-quality client experiences tough — on advisors and their team. Three ways to build a sustainable infrastructure, by Kevin Hayes.