News

Why industry is ready to embrace qualification changes

FP Canada CEO says the notion you can 'do well, while doing good' can now finally be applied to financial services

Big Six bank files AI patent that predicts consumer purchases

Report describes computer processor model that would receive and mine data to anticipate behaviour

Advisor bought USD at below-market rates from elderly client

Respondent fined $20,000 and banned for one year by the MFDA for currency trades

Our strategy is defence and it’s resonating, says Raintree

CIO at wealth manager warns that investors relying on a repeat of 2019’s gains will be left disappointed

Features

Broad is best: why emerging markets are becoming more idiosyncratic

Portfolio manager offers tips on how investors should analyse EMs and outlines three trends to follow for 2020

Why every family should go through a financial detox

Meridian Wealth advisor David Semerak weighs in on financial literacy, the limits of budgeting, and delayed gratification

'Most people have no clue what they’re invested in'

How Kind Wealth is putting clients' values at the heart of its subscription-based financial planning model

People moves

SEI Canada names director of investment strategy

Veteran brings more than 20 years’ industry experience to Canadian institutional business

Regulators

Ex-fund rep fined $100,000 and banned for life

Respondent allowed a client to open and trade in an account using someone else’s identity and contact information

Advisor fined $60,000 for failing to stop unsuitable trades

Respondent admitted he didn’t act quick enough to prevent elderly client’s son losing more than $52,000

Magazine

Wealth Professional 7.10

Investments

Our strategy is defence and it’s resonating, says Raintree

CIO at wealth manager warns that investors relying on a repeat of 2019’s gains will be left disappointed

Ex-fund rep fined $100,000 and banned for life

Respondent allowed a client to open and trade in an account using someone else’s identity and contact information

CSA issues guidance on crypto asset regulation

Regulators seek to clarify when trading platforms are subject to legislation governing securities and derivatives

Harvest unveils new U.S. bond ETF

Fixed-income fund offers exposure to investment-grade corporate debt with an eye on specific ESG factors

Broad is best: why emerging markets are becoming more idiosyncratic

Portfolio manager offers tips on how investors should analyse EMs and outlines three trends to follow for 2020