Bulletin aims to help investors understand the potential impact of a diminished ability to make decisions
Here’s what advisors should do when they suspect a client’s ability to make significant financial decisions is deteriorating
Arthur Fish, partner, Borden Ladner Gervais LLP in Toronto and manager of the Toronto Regional Wealth Management Practice, discusses the slippery slope of managing clients who are showing signs of cognitive impairment. He explains how to fulfill your professional obligations to impaired clients, and how to best help and manage relationships with them.
Dr. Karen Van Zino pinpoints the warning signs that normal age-appropriate memory loss may be advancing to the stage of a cognitive impairment. She gives specific tips about how to broach the topic, what you can do to help, and identifies resources available for you and your client. Zino spoke at the Financial Planning Vision2020 Symposium in Toronto.
Are you prepared for the rising tide of clients suffering from cognitive decline? There are steps you can take to identify the early stages of dementia and to equip yourself to deal with elderly clients in a compliant way
A relationship with a client can change dramatically when the client starts showing signs of mental incapacity and the person with power of attorney wants to step in.
Take the right steps when you suspect a client may be losing his or her ability to make financial decisions
Sharp increases in both dementia and awareness about the potentially devastating effects it can have on clients’ assets mean that advisors must be more vigilant than ever
Advisors have a responsibility to help clients prepare