Forum

Wealth Professional forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Wealth Professional | 13 Dec 2016, 08:15 AM Agree 0
Ontario is taking action to revamp its regulatory environment, but how are advisors in the province going to be impacted?
  • Kathy Your Net Worth Manager | 16 Dec 2016, 03:10 PM Agree 0
    "They’ve been pretty clear that they’re not against referral arrangements as a matter of public policy, but that referrals should only be between licensed people in the various sectors, not between licensed and unlicensed individuals.”

    I dont understand this, perhaps its quoted out of context. Surely the point of doing a good job for a client is to recognise when you do not know something or are not licensed and refer them to some one who is? So a financial planner isnt investment licensed so cant send them to an investment advisor? If you do cash flow plans for people and some one asks an insurance question you cant send them to an insurance person?
Post a reply