Latest news in Building Your Business

give advice

Knowing when not to give advice

Sometimes your best approach is to refer your client to a lawyer or other professional

team meeting

Business planning for a post-pandemic world

Covid-19 has forever altered financial advisory practice management. Advisors who learn from the experience will thrive

senior couple on a bench

Timing is everything when it comes to government benefits

Decisions on when to collect CPP benefits and to convert RRSPs can have a profound effect on clients' retirement income

senior woman on a laptop

Real tips for managing retirement spending

We spoke with six advisors

senior couple money tree

TFSAs: an underused retirement planning tool

More clients could benefit from TFSAs' ability to provide tax-free income in retirement

senior couple on bikes

New products aim to close retirement income gap

Managing longevity risk while providing steady income poses a challenge

retirement gameplan

The advisor’s retirement: Making a smooth transition

Christine Timms discusses common retirement challenges and some of the steps for creating a succession plan

  • By: Katie Keir
  • November 22, 2021 November 4, 2022
  • 00:08
senior woman on a computer

Take a load off

Financial advisors can help remove the burden for beneficiaries and executors by helping retirees organize ahead of time

senior woman exercising

Reducing mortality risk

Elderly clients can take steps to help themselves enjoy longer, healthier lives

  • By: Leah Golob
  • November 22, 2021 November 4, 2022
  • 00:03
senior couple feeding birds

Model portfolios: Inflation protection for senior clients

Two financial advisors suggest portfolios that provide income, tax efficiency and inflation protection for a hypothetical senior client

businessman running

Should you work with a coach?

Mid-tier or mid-career advisors often benefit most from coaching

Kevin Burkett

Listen before you build

Kevin Burkett said advisors starting a firm should ditch a defined plan and be open to input instead

  • By: Leah Golob
  • October 12, 2021 October 8, 2021
  • 00:06
Elke Rubach and Emily Strike

Making financial advice a family matter

Elke Rubach was a successful lawyer when she discovered her passion for helping people understand finances

digital assets

Planning is key to securing digital assets

Clients should take inventory of all online accounts as their first step in creating a digital estate plan

Peter Simons

Planting seeds for success

Peter Simons brings a passion for teaching to CPN Financial Services, a business his father established

seniors divorce

There’s a silver lining for “silver splitters”: Amicability

With the court system backlogged, older clients may want to split up on good terms

father and son looking over building plans

So your client wants to help their child buy a home…

Make sure your clients aren’t derailing other financial goals by helping their children

advisor client technology

How wealthtech is changing advice

There are more tech tools than ever before, but clients still value the human touch

  • By: Katie Keir
  • March 22, 2021 March 19, 2021
  • 00:07
businesswoman thinking

What’s in a plan?

Know the difference between your strategic plan and your business plan — and many other plans

Dan Wynnyk

Generosity reaps rewards

Dan Wynnyk, senior vice-president and investment advisor with the Waterfront Group, helps many of his wealthy clients give to charity

AI technology

How banks are harnessing artificial intelligence

Financial services firms are using AI to create smart trading platforms and identify client needs

Time for automatic tax filing?

The government has proposed automated returns for simple tax situations

estate planning

Adapting to digital estate planning

There are many online tools, but which ones are best suited to you and your clients?

work from home

Secure your home office

If you rushed into working from home, your systems may be vulnerable

woman texting

Are your texts to clients compliant?

Clients may prefer communicating via texts, but be careful about the information you exchange

  • By: Leah Golob
  • February 22, 2021 February 24, 2021
  • 00:06