David Reeve is CEO and co-founder of InvestorCOM Inc., which provides technology to asset-management firms in Canada to deal with increasing regulation and address the demand for more effective communication and disclosure.
Advisors and dealers are looking for strategies to remain compliant while managing costs and improving client satisfaction
Advisors could begin to use technology now to stay onside of the CSA’s proposed client-focused reforms when they take effect
Not only does adopting digital tools lead to happier clients, it also results in greater profitability and success for advisors
Compliance disclosure can be confusing to all parties, but there is an opportunity for advisors to provide “pain relief” and stand above their peers
By removing friction, adding convenience and changing the value proposition, you can protect your practice from the growing influence of robo-advisors
The emerging trend of “open banking” has the potential to be the most important catalyst for change in our industry
Despite growing fear of the growing use of AI, evidence suggests it will serve as an aid to human interactions rather than replace these relationships