Practice

Rising through the ranks Fallback Image Decorative pattern

Planning and Advice

Rising through the ranks

Wow, where did all that time go? I vividly remember working for banks on Wall Street and Bay Street but what I remember most is the burning desire to be an entrepreneur – to have my own business so I could be in control of my own destiny. Over the years, and through the ranks, […]

By Bruce Cumming |January 1, 2010

4 min read

Letting go of lesser clients Fallback Image Decorative pattern

Planning and Advice

Letting go of lesser clients

Based purely on demographics—the average advisor is 55 years old and nearing retirement—newer advisors might assume merely surviving the next ten years or so would make the world their oyster. And, really, that is correct. Don’t worry about future investors not needing advisors – that won’t happen. The bulk of investors will continue to rely […]

By Preet Banerjee |January 1, 2010

7 min read

Estate planning for the incapacitated Fallback Image Decorative pattern

Planning and Advice

Estate planning for the incapacitated

In Canada and around the world people today are living longer. But higher life expectancies can be a mixed blessing. As we age, we face the possibility of myriad health challenges, including dementia and other forms of mental incapacity. Physical illness or a sudden life-threatening situation can render an elderly person incapacitated. What happens when […]

By Akua Carmichael |January 1, 2010

5 min read

Regulator provides complaint handling guidance Fallback Image Decorative pattern

Planning and Advice

Regulator provides complaint handling guidance

While most advisors were wrapping presents, the Investment Industry Regulatory Organization of Canada was putting finishing touches on some new complaint handling rules that will create new requirements for securities dealers and registered reps. Among the changes is a requirement that firms appoint a designated complaints officer who has the experience and authority to oversee […]

By Philip Porado |January 1, 2010

4 min read