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.
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
Effective compliance measures mean you’re less likely to lose clients
Advisors and dealers are rethinking their pre-coronavirus routine of serving clients from their offices
How being transparent with your clients can help build stronger relationships
Using technology to augment your practice can help strengthen your relationships with clients
Technology solutions can help advisors meet compliance obligations
How embracing technology can help you build stronger client relationships
Demographic changes will dramatically alter advisory practices
As millennials inherit their parents’ wealth, advisors will need to evolve their business practices
Environmental and social issues are expected to dominate proxy season, and ESG disclosure standards are on the way
Four concrete reasons why D&I is important from an investment management perspective
How investors can advance racial justice in their portfolios
Social issues move front and centre as ESG funds prove their mettle
Three topics to discuss with your clients before the end of the year
The CRA has provided more details on the types of home-office expenditures employees can be reimbursed for without incurring a taxable benefit
Your clients may need to set aside funds to cover a potential tax bill in April
Clients can minimize payments by choosing the calculation method that best suits them
Consolidating the MFDA and IIROC would ultimately benefit investors, writes Paul Bourque
Surveys show that the introduction of Fund Facts and CRM2 reports is achieving policy objectives
A safe harbour provision is necessary to ensure advisors act in their clients’ best interestsÂ
Why SROs work well for investors and the industry
One advisor explains why she’s seizing this moment to talk to clients about responsible investing
Context and an ETF-based strategy help me to manage investor emotions
A financial advisor talks about how her ETF portfolios have held up under market stress
Opinions on where the ETF industry will be in 2030
Ellen Bessner returns with one last Positive Note for 2020
Sometimes it’s suitable for your clients’ investments to be less risky than their maximum risk tolerance
Now is the time to update your clients’ KYC and think about their risk capacity
How to avoid the most common legal and regulatory infractions
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
The implementation of financial self-efficacy skills development in the school system is long overdue
As financial planners become comfortable doing business virtually, there could be long-lasting benefits for the industry and Canadians
Continued transformation and innovation is needed to meet the demands of baby boomers and millennials
The recent uptick in small advisory firms reflects several factors affecting the Canadian wealth business
Overlapping regulatory agendas will require constructive coordination
SRO reform can lead to a better outcome for dealers and their clients
Changing investor expectations create new opportunities for advisors
How you can provide value for clients in a changing world
How you can help clients be better prepared for the unexpected
Four positives that may come out of the pandemic
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
Effective compliance measures mean you’re less likely to lose clients
Advisors and dealers are rethinking their pre-coronavirus routine of serving clients from their offices
It’s the underlying holdings that are important — not the structure of the investment
Make sure you’re getting the most out of your trades
Dispelling a misconception that has developed over time
Debunking the myth that ETFs cause market instability
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