As a new survey reveals that investors have trust their advisors, proper steps need to be taken to ensure advisors are allowed to thrive
HNW clients' increasing wealth provides more opportunities for financial advisors and their firms
Ross Kappele shares key findings from a recent survey of Canadian investors
Judy Goldring, executive vice president and chief operating officer, AGF Management Ltd., discusses disruption in the mutual fund industry and the need for advisors to respond to changing client demands while being challenged by regulatory uncertainty. She spoke from the IFIC annual leadership conference in Toronto.
Investors are open to alternative investments and want greater exposure to ESG, but need the right advice on strategies
There’s great trust in advisors as more than half of investors surveyed said they would follow their advisors if they switched firms
The OSC survey also finds that many Ontarians are planning to use their homes to help fund their retirements
Although there's a high level of trust in banks, clients also say that they don't like feeling sales pressure from bank employees
However, the two parties find common ground on global investing and key wealth-management services
If advisors charge investors directly, 24% of survey respondents say they would be less likely to use an advisor