Firms were allowed to collect trailers before the CSA ban, court rules
Ontario court rules that discount brokers' receipt of trailing commissions was not considered illegal before the June 2022 ban
The legal team gets $20 million, and a former advisor turned plaintiff was awarded $50,000
New advice channel caters to high net-worth clients
Court finds registered account investors were charged undisclosed currency fees for 10 years
More than half of respondents said they feel “more comfortable” with an advisor
Clients of discount brokerage gain access to securities listed on the exchange
Investors gain ability to view account balances, holdings and order status in real-time
Active traders offered research, discounts and preferred interest rates
Julie Barker-Merz is overseeing significant change at BMO InvestorLine with the introduction of adviceDirect