Advisors will benefit from a consolidated operating model
Redistribution from poor to rich will impact corporate revenues, credit risks
But due diligence and relative weighting matter
Credit Suisse pleads guilty in connection with offshore tax evasion
The Vancouver-based firm now has nearly $11B in AUA
Rising costs, revenue competition to drive search for added scale
Firms strong enough to face down weak flows, growing margin pressure
CRA has identified more than 2,500 groups that belong to the GHW population
In early 2023, banks faced unprecedented deposit outflows, and evidence suggests social media played a role
Household assets top $20 trillion, as financial assets climb