Financial planners and advisors need to take note of this new proposed rule when deciding on what financial planning designation to earn
Financial planners and financial advisors need to have a strategic plan to deal with the massive inheritance baby boomers will receive or risk losing AUM
As fintech revolutionizes the delivery and cost of financial advice, financial planners and financial advisors will need to embrace technology
Financial planners and advisors who are securities registrants will need to use financial planning principles to deliver investment advice
Financial planners and financial advisors need consistent implementation of some key policy recommendations
Financial planners and financial advisors can help clients understand the investment and regulatory rules of equity crowdfunding
Financial planners and financial advisors need to be aware of the impact Ontario’s Expert Committee could have on their practices
Financial planners and advisors can manage volatile markets by employing a stop-loss strategy and having sufficient cash on hand in clients’ portfolios.
Financial planners need to ensure that their clients are not overinvested in momentum funds
Financial planners risk losing business if they don’t recognize that women have more power and money now than ever before
The provincial Agreement on Internal Trade could pave the way for national regulatory harmonization that will benefit both financial planners and advisors
Financial planners and financial advisors need to be ready for a new regulatory model as Ontario’s expert panel to study this issue begins its mandate
A new document from the FPSC and the IQPF may provide a way to harmonize financial planning standards for financial planners across the industry
If Ontario were to merge these two regulatory bodies, it could provide financial planners with a more streamlined regulatory system
Assessing a client’s risk tolerance goes beyond using a questionnaire or risk-assessment system. An ongoing process is needed
Many advisors may be planning to move to a fee-based account model based on a percentage of AUM, but will this model survive the potential advisor compensation realignment?
Determining the risk profile of young investors is more critical than following traditional rules
The only way to ensure financial planners can deliver effective, comprehensive and holistic advice is by making structural changes in the way the advice is delivered
A new method in financial planning that balances eight forms of capital will help you and your clients achieve their life and retirement goals
Although financial planning has traditionally been viewed as a loss leader, financial planners should not be hesitant to charge for this important service
Basic financial advice will become a commodity whereas holistic comprehensive advice will create client value and drive financial advisors to become financial planners
FINTRAC released updated reporting guidelines this year — and financial planners must adhere to them or face stringent penalties
A business plan focusing on client management, dealing with regulatory complexities and leveraging technology will define the successful future financial planners
Financial planners need to keep their clients focused on personal savings as a key strategy to achieve a successful retirement
Financial planners who use a lifestyle approach for retirement planning are better able to help their clients achieve a successful retirement
Financial advisors have been inundated with proposed rules to better protect clients, but has the need for improved education been given the consideration that it deserves?
There are three key issues of contention with the private member’s bill that aims to regulate financial advisors in Ontario
The Advocis proposal will cause unnecessary duplication and cost for the oversight of financial advisors, and it misses the mark for regulating financial planners
Could the regulation of financial planning finally address concerns about proficiency, quality standards and potential conflicts of interest?
Everyone agrees that we need to put clients’ interests first; the disagreement is in how this should be done
Paying fees for financial advice separately from those of financial products would result in real price competition as well as better advice and lower costs to clients
There is much debate as to whether such a move will protect clients of financial services or restrict access to financial advice
The creation of a national financial authority that regulates all components of the financial system, regardless of sector or product, would be much welcome