Financial planning

Offering your clients more Fallback Image Decorative pattern

Planning and Advice

Offering your clients more

What’s the most important thing a financial advisor does for clients? Provide sound investment advice and financial planning that clients can rely on? Maybe. That is, after all, the primary role of the financial advisor. But many would say that simply isn’t enough. Today’s clients expect more, so attracting and retaining them is about going […]

By Danielle Arbuckle |December 1, 2010

8 min read

Cautious Canadians are taking risks Fallback Image Decorative pattern

Industry

Cautious Canadians are taking risks

A new survey suggests that while Canadians think of themselves as risk-averse, they are leaving themselves and their families open to massive liabilities by under-insuring. According to the TD Insurance Risky Business Poll, the majority of Canadians say they’re cautious and avoid risk (55%), with only 8% saying they are risk-takers. No surprise, given the […]

By Staff |November 24, 2010

2 min read

Dundee deal helps define wealth market Fallback Image Decorative pattern

Industry

Dundee deal helps define wealth market

The wealth management landscape in Canada changed on Monday, with the announcement that Scotiabank would buy DundeeWealth. While the obvious change in the industry was the elevation of Scotia within the asset management business, the deal helped define the market, according to Bruce R. Jackson, president and chief operating officer of Cumberland Private Wealth Management. […]

By Steven Lamb |November 24, 2010

3 min read

IIROC sets penalty against Magna Partners Fallback Image Decorative pattern

Industry

IIROC sets penalty against Magna Partners

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has ordered Magna Partners Ltd. to pay a $100,000 fine and $10,000 in costs. The penalty follows an agreed statement of facts and violations in which Magna Partners admitted to two violations of best price obligation rules. The panel’s Decision and Reasons on […]

By Staff |November 16, 2010

1 min read