ASIC launches a consultation on the short supply of affordable advice
Since 2016, the proportion of mutual funds in fee-based accounts increased by 53%
A report from Prosper Canada says that households in precarious financial situations have few options for obtaining financial advice
Most rated the advice they received positively, but a significant minority of clients weren't impressed
People who use an advisor have more savings and contribute more to the economy, according to a report
Comprehensive wealth management can result in value of 2.88%
Advisors will answer questions in one-on-one sessions
However, if brand trust is weak, only 16% of investors say they'll stay loyal
BMO received the highest customer satisfaction marks in J.D. Power's survey
Prosper Canada says the federal budget offers a “golden moment” to help people with low and modest incomes