Morning Market Note: May 14, 2014
A slowing global economy and deflation are worrying western economic leaders. China announces new policies to sustain growth. Here in Canada AGF works on a turnaround. BMO Harris continues to grow its advisor teams in the United States.
Advisor: the grass isn't greener in the East-side
Those advisors in awe over China and its astonishing growth rates, should keep their envy at bay, as the grass only appears to be greener and won't stay that way forever, suggests one wealth professional.
When 'mum's the word' with clients
One advisor suggests that Canadians are less apt to talk about their finances than their cousins south of the border, attributing the trepidation to an overall lack of financial literacy.
International Wrap: News in Brief
From impending stock market doom to the new generation of youngsters snubbing the financial adviser profession, Wealth Professional has handpicked the best of this week’s international news
Most shared: Quashing the sleazy salesman stereotype
Advisors give their perspective on how to weed out the duds from the diamonds and what makes a 'real' financial planner.
Most Commented: Ontario Pension Plan will 'screw' your clients
Advisors share their thoughts on why this proposed provincial pension plan is a financial disaster waiting to happen.
Outsource to get close with clients
New research suggests that outsourcing is a growing trend with financial advisors and an golden opportunity to build business and improve client relations.
Advisor consensus: 'We're overworked'
In response to a WP article discussing how work stress can lead to suicide, WP readers share their thoughts on an industry ridden with long hours and unrealistic performance expectations.
Hire a colleague to help you retire
Advisors offer some insight into why upwards of 50 per cent of advisors don't have their own retirement plans in place ... and this includes those daunting succession plans too.
Weekly Wrap: The Regulator Beat
The latest developments on industry regulation from across the country.