Profit survey: A flat start to 2019
Banks reported some improvement in earnings in the first few months of the year, although most other financial services firms reported decreases
- July 11, 2019 July 22, 2019
- 15:38
Banks reported some improvement in earnings in the first few months of the year, although most other financial services firms reported decreases
Amid trade wars and geopolitical tension, global fundamentals are strong and recent market losses are not alarming
While Ontario and Alberta grapple with big deficits, Quebec and B.C. boast surpluses
Brokerages took a hit, but banks remained solid and can expect tempered earnings growth
AUM dropped in 2018, thanks to flagging markets
Mutual fund families that used a stock-picking portfolio-management style soared last year
Escalation of the U.S./China trade war is the biggest risk
Most companies had improved earnings, but slower growth will mean smaller increases in profits
As real estate prices rise, clients should not be counting on these assets to fund their retirement
Clients with aging parents may need help in ensuring those seniors are prepared for what lies ahead