ModernAdvisor will aim to identify and track clients’ financial goals, alert them if they are falling short and make recommendations to get back on track
OLHI also finds increased website usage and has plans to improve its public communications
Firm recommends that affected investors work with advisor and a U.S. tax professional
The regulatory framework for overseeing financial planners should be developed joined by regulators, SROs and the FPSC, according to PMAC
The firm also agreed to implement measures to help Desjardins become more efficient while remaining true to its co-operative values
Trendon Shavers faces a maximum sentence of 20 years in prison and a US$5 million fine for role in apparent Ponzi scheme involving the digital…
The former Morgan Stanley advisor copied confidential information of almost 730,000 clients at his firm while engaged in discussions with two other financial services institutions
J.D. Power annual survey finds that when discount brokerages offer more services, client satisfaction increases
The name change will unify the firm’s various businesses in Canada, the U.S. and the U.K. as well as address confusion among the public as…
The move follows the publication of a letter SEC chairwoman Mary Jo White expressing support for the move to T+2 over the next couple of…
The two industry trade groups argue that a new regulator should be created to work in conjunction with IIROC and the MFDA
The treatment would be the same afforded to other professionals and colleagues in B.C., Alberta and Saskatchewan
Deal helps Quebec-based Industrial Alliance expand across Canada
Adrian Walrath, assistant director, Investment Industry Association of Canada (IIAC), says advisors must be prepared to explain discrepancies between the fee and charges reports and…
Firms still wrestling with issues such as market value and off book accounts
Group forged IRS forms to falsely claim US$10 million in income had been withheld on their behalf by Canadian financial institutions
The Digital Benefits Assistant is designed to prompt group clients to take advantage of the benefits available them
The Federal Court of Canada has addressed the legality of exchanging tax information, but left open the question of its constitutionality
Bank ordered to pay damages and amend notice filed with the BCSC
Swedish research firm advises global asset owners and investment managers that represent more than $450 billion in AUM
John Valentini joins firm; Sylvain Roy promoted
John Adams succeeds Brian Peters as chairman
HomEquity Bank teams with Equifax Canada to study debt in retirement
The agreement significantly expands Manulife’s pension business in Hong Kong
Request to file personal tax returns not intended to further the CRA’s criminal investigation