Embedded commission advisors are increasingly worried the value of their books will be cut as CRM2 draw near, but some should be more worried than others
The investment was “economically impossible,” says the securities commission, but the fact investors flocked to take part speaks to what little advisors can do to stop them.
The second round of finalists for the Wealth Professional Awards brought to you by Invesco have been revealed – have you made the cut?
Standardized summaries have been called into question following an Association of Canadian Compliance Professionals (ACCP) conference as advisors remain torn on the subject of CRM2.
A Toronto advisor is pointing to a recent case as proof-positive of the need for better succession planning across the industry.
It’s an odd position for a staunch fee-based advisor to take, but one player is arguing against the need for a ban on embedded commissions – that’s if regulators make a key change.
Fee-based advisors may increasingly be in the cat bird’s seat, but a new threat is emerging that could blindside them.
Recent discussions on the WP website revolving around the pros and cons of embedded compensation have gotten quite heated. A British Columbia advisor presents an interesting hypothesis.