Facts about fees and an investor’s perspective
Basic financial advice will become a commodity whereas holistic comprehensive advice will create client value and drive financial advisors to become financial planners
Advisors are under pressure from regulators and clients to be transparent about fees, while sector trends are driving margins downward. It's up to you to show your clients the tangible benefits they get for the fees they pay
Edward Jones ranks highest among full service firms for a second straight year
When your client has a brilliant investment idea, remember that you are a professional advisor who recommends securities based on research, knowledge and experience
Advisors in smaller firms are frequently the main source of financial advice to Canadian households with $100,000 or less in financial assets
George Hartman, co-founder & managing partner at ELITE Advisors Canada Ltd, CEO at Market Logics Inc. explains the demographic shifts that will cause a rise in the demand for professional financial advice. He spoke at the 2014 Radius Practice Management and Retirement Summit in Toronto.
Better communication, simpler products and attracting new advisors are key to helping investors save adequately for retirement
By focusing on fees investors are missing a key component in measuring the value of advice
Rick Forchuk, special advisor, distribution practices, Empire Life, cites several studies that show that the Internet is not replacing advisors. He explains that consumers are overwhelmed and confused by Internet information, and this is increasing the need for financial advice. Forchuk spoke at the Independent Financial Brokers Fall Summit in Toronto.