The firm has hired Credit Suisse and RBC Capital Markets as its financial advisors
The case of a fallen “rockstar” advisor is highlighting the dangers of lending money to your clients – and not the more common violation of hitting them up for a loan.
A dis-unified front for independent advisors is guaranteed to grow market share for the big banks at this crucial juncture, argues one veteran of the game.
Aha! A leading advisor has found a chink in the armour of target date funds – increasingly viewed as the single-biggest threat to retail advisors.
Canadian advisors could be in for a rude awakening as trillions in assets get parcelled out by baby boomer clients.
A decrease in the RRIF withdrawal rate may tempt advisors to show off their investment prowess at the expense of the most vulnerable investors in the marketplace.
The industry may have grossly underestimated the challenge of converting embedded-commission clients over to fees, says one advisor who’s tried and has the war stories to prove it.
An IIROC penalty panel must now consider what punishment an advisor faces for forging a client’s signature – despite getting approval at a later date.
A major announcement from two large financial institutions is forcing advisors to reconsider a product many dismiss as a fad.
Advisors moving over to the fee-based model should forget the critics and offer a service long abandoned by established players, says an industry vet.
And you doubted it would work. Investors with the vision to take part in IPOs of pro athletes are now looking at early returns of 15 per cent and climbing.