David Reeve is CEO of InvestorCOM Inc., a leading compliance technology provider to the wealth management industry.
David Reeve is CEO of InvestorCOM Inc., a leading compliance technology provider to the wealth management industry.
Tech frees advisors to focus on building successful practices
Client attrition trends and regulatory reform demand digital adoption
Firms that deliver on digital documentation and disclosure will reduce audit risk
Tech helps preserve product choice
Why segmenting product shelves into peer groups can help meet regulatory challenges
Reducing product offerings for the sake of KYP is unlikely to serve the investor’s best interest
Regulators will expect an advisor’s analysis to be documented and sufficiently thorough
Frictionless, relevant disclosure is critical to building trust with clients
The pandemic has made digital transformation a top priority
Advisors may have to consider 1 million data points per day when the CFRs come into force
Consistency would provide clarity to investors
Industry action will help provide clarity to investors
A collaborative approach with realistic timelines would help reduce strain on firms
The funds proved their resilience during the global pandemic
Consider the strategy now before the rate rises on July 1
Campaign targets PRE abuse ahead of anti-flipping tax proposal
Keep these 5 items in mind this season
Penalties can result when “earned income” is misunderstood
With minimum standards in place for use of “financial planner” in Ontario, it’s time for other provinces to act
Inflation, rising interest rates and market volatility have significant impacts for Canadians
Consumer confidence is key to drive behaviour
Financial planning is changing amid digitization
Although highly divisive among investors, nuclear represents an important transition fuel
RIA CEO reflects on developments and urges advisors to start conversations
How three factors are contributing to rising concerns about greenwashing in the investment industry
How stewardship, impact measurement and net zero are shaping the RI space
Tech frees advisors to focus on building successful practices
Client attrition trends and regulatory reform demand digital adoption
Firms that deliver on digital documentation and disclosure will reduce audit risk
Tech helps preserve product choice
Advisors who leave the industry to avoid investigations and hearings suffer more severe penalties
Focus on a target market and meet your regulatory obligations
Stressed about the client-focused reforms? Try this different approach
Don’t fall for clients’ demands for unsuitable investments
An enhanced Canadian ESG identification framework is advancing on a foundation of international and domestic norms
The CFRs are really about formalizing and documenting processes to prove they’re followed
The advent of the ETF option offers investors a liquid and safer way to get exposure
It’s the underlying holdings that are important — not the structure of the investment
Action is critical given the importance of small business to the economy
Positioning, sound policy will help firms weather the inflationary storm
Advisors can offer a personalized experience through deeper client engagement
The CSA is expected to propose new cost reporting for investors
Use these strategies to strengthen client relationships
By leveraging the regulations, you can build deeper relationships and reinforce the value of your advice
Help clients name a trusted contact person
Transparency helps clients better understand the advisory relationship
The funds are versatile enough to bolster both education accounts and post-graduation accounts
Simple investment options can help clients overcome resistance to working on their finances
A portfolio manager must have the discipline to stick to a process over time, especially during a crisis or a bear market
Columnist Mary Hagerman shares one of her top holdings and explains how she’s used it to donate to charity
Services include addressing investor requirements and mitigating compliance risk
Alain Brisebois of CWP Energy discusses these often-misunderstood products
Erika Toth of BMO Global Asset Management shares her thoughts on the ETF landscape
Vincent Beaulieu of Fiera Capital discusses his firm’s approach to ESG analysis
Help clients identify companies with meaningful purpose
The increase in ESG reporting hasn’t been accompanied by improvements to society and the environment
The communities most affected by changing climatic conditions are the least likely to be invited to participate in discussions
Black, Indigenous and women of colour have been “leaning in” most of their lives
In his final column, Cary List shares his thoughts on the future of financial planning
The Financial Consumer Agency of Canada’s renewed national strategy for financial literacy can help Canadians focus on the future
Financial planners can play a key role in rebuilding Canadians’ confidence
A new regulatory framework, years in the making, is an opportunity for Ontario to be a model for other provinces
Financial planners and financial advisors need to understand millennials’ preferences to gain their trust and business
Financial advisors can build deeper connections with clients by using active listening skills
Financial advisors should be aware of how to identify and engage effectively with vulnerable clients
Financial planners and advisors should be aware that the act may go beyond title protection
The insurance industry is taking a page from the mutual fund industry, leveraging technology to address mounting disclosure regulations
AI is slowly making its way into the wealth-management industry and will ultimately transform financial advisors’ role
Blockchain technology may transform financial services just as peer-to-peer file-sharing technology changed the music industry almost 20 years ago
Far from replacing interaction with real people, technology strengthens the financial advisor’s client service
Read and follow your firm’s guidelines on social media use and take the necessary steps to protect yourself
Although it’s costly to upgrade key IT systems, the costs of not doing so could be much greater
Hacktivism, ideological insiders and intelligence gathering are key sources of cyberattacks threating financial services firms
Now is the time to adopt a concerted cloud migration strategy because the security challenges associated with this technology will be on our radar screens…
Advisors and their clients stand to benefit when corporate leaders focus on building socially and environmentally responsible enterprises
A growing base of investors are looking for investments that contribute measurably to environmental and social sustainability
Corporate boards and executive teams that lack gender and cultural diversity risk missing out on opportunities to generate long-term value
You can play an active role in ensuring company executives and directors are working in the best interests of their shareholders
Those still timorous and uncertain about introducing a best interest duty have a duty, themselves, to become decisive
Every company can calculate non-GAAP metrics however they want, so there’s real risk of investors and markets being misled
Overcautious courts are erecting barriers to securities class actions, even though these lawsuits are essential for maintaining the integrity and fairness of our capital markets
Data show that investors routinely receive, or are at risk of receiving, seriously bad disclosure from reporting issuers more than a quarter of the time
Two key issues — the best-interests standard and reform of mutual fund fees — require timely and effective action
FAIR Canada supports exemptions that have the key features of rights offerings or private placements in compliance with the TSXV’s private placement rules
Current regulations assume that an investor’s wealth is a proxy for sophistication. This has to change
Paying fees for financial advice separately from those of financial products would result in price competition and better advice