The company is also shifting qualified investors into its private wealth series automatically so that they can take advantage of lower fees
In the post-CRM2 era, clients and regulators are demanding transparency from advisors. Your best response is to turn this obligation into an opportunity to show your clients what you do for them
Rising interest rates should boost net interest income, which is likely to incentivize more trading competition, a new Fitch report suggests
The first phase of a three-part research project on the impact of CRM2 finds that many don’t know how advisors are paid or the types of fees they pay
Explain why some mutual funds, such as emerging markets, funds incur higher expenses than others
And less than half of Canadian investors say their advisor is trustworthy and honest
Management fees and trailing commissions to fall
The shift to investments with lower fees is being driven by concerns about costs in this low-return environment and the regulatory climate, report finds
The report sets out examples of good practice in disclosure, compensation, transaction costs and commissions
The portfolios offer tiered pricing and benefits for household accounts; are continually monitored and regularly rebalanced; and offer non-proprietary funds