Compliance professionals must improve their training of approved persons on outside business activities to reduce risks for firms and their advisors
The tool assesses investors’ risk tolerance by asking them 15 questions that account for psychological and behavioural finance factors
The company’s CFO will be assigned new responsibilities after first-quarter results are filed next month
Total industry AUM rose to almost $1.39 trillion, up by 13% from a year earlier
The bank’s financial advisors will gain access to the Nest Wealth Pro white label robo-advisor platform
Management will remain focused on growth while defending the firm from the OSC's allegations, says the company’s chairman in an open letter
Nasdaq Ventures will invest in blockchain, machine learning and artificial intelligence, analytics and content aggregation, among other technologies
Such attacks pose negative consequences for both individual issuers and financial systems, new Fitch report finds
New CARP survey finds that 89% of Canadians over the age of 55 are in favour of a best interest standard while 79% are opposed…
The TFSA’s ASPIRE program is aiming to offer 10,000 work-related learning opportunities to undergraduate students
TD Discovery Tool, which is modelled on behavioural finance, can produce a wealth personality report that highlights investors’ key traits
The compensation packages of Canada’s bank CEOs are heading higher than previously targeted thanks, in part, to growing stock options and equity incentives
Nominees must be full-time employees of an IIAC member firm and must not be a previous recipient to qualify
Wellington-Altus Private Wealth Inc., which opened for business on Monday, has 14 investment advisors and $2.5 billion in assets under management
Several major institutions are investing heavily in the emerging technology while startups are also looking to develop new products, report finds
The first federal caucus devoted to credit unions will provide representatives with financial co-operative with a platform to “address community concerns”
Existing market infrastructure firms that handle clearing and settlement would likely continue to serve these functions
New StatsCan study finds RESPs are more concentrated in families with higher income, greater wealth and higher levels of parental education
Staff count will be halved as company focuses on precious metals and natural resources
Global compliance executives say their firms will have to spend more to deal with risks associated with fraud and financial crime, cyberattacks and everyday business
New report from the bank’s board finds that management “created pressure on employees to sell unwanted or unneeded products to customers”
Growth demonstrates increasing demand among individual and institutional investors, report says
With this demographic’s net worth set to increase by 500% in the next 15 years, advisors will have to cater to the needs of this…
The proxy advisory firm is recommending shareholders to dump 12 of the 15 members of the board as a result of the recent scandal at…
The trend is being driven by wealthier clients, who believe that traditional human advisors don’t provide “sufficient value,” new Accenture report finds