Only banks win with CRM2 bickering, says veteran
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.
Advisor’s research exposes Achilles heel of ‘competitor’
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.
$30-trillion in AUM on the line
Canadian advisors could be in for a rude awakening as trillions in assets get parcelled out by baby boomer clients.
Advisors sidestep RRIF pitfall
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.
Clients fight to keep embedded commissions
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.
Advisor facing forgery charges from IIROC
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.
What’s the deal with smart beta?
A major announcement from two large financial institutions is forcing advisors to reconsider a product many dismiss as a fad.
Call to change the fee-based model
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.
Athlete stocks strike big
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.
Advisor’s $20m gamble pays dividends
An advisor who counselled clients against risk-taking is now facing fraud charges for a $20-million risk of his own – allegedly funded by clients.