As the first significant deadline for the new client relationship model draws near, you can prepare yourself to discuss compensation with your clients and show what they receive in return
With CRM 2 on the horizon, advisors should make sure clients know the value of the advice they receive
Fund dealers will be challenged by the need for more supervision
The CSA says it is considering further reforms as part of consultations on mutual fund fees it launched in 2012
Advisors and their executives are on the same page when they say the pace of regulatory reform has been overwhelming. But only those firms that are taking proactive steps to help their advisors deal with these changes have been praised
The implementation of the phase two of the Client Relationship Model (CRM 2) can be a positive business move for advisors and the firms who have the right mindset about the new rules, according to Prema Thiele, partner, Borden Ladner Gervais LLP. “CRM can enhance your client experience if you plan now and you take […]
IIAC chief Ian Russell stresses that both investors and the industry will benefit from the reforms
Those overseen by IIROC and MFDA want clarity on which rules will apply to them
With some rules still not finalized and costs unclear, there is much unknown territory for firms to navigate
Investor advocates are pushing for even greater changes to the advisor/client relationship