Buying a Book: The Coming Buyers' Market
Young advisors seeking to acquire a book of business are usually told it’s a sellers’ market, but Peter Bailey of Worldsource Financial Management disagrees. With two deals in quick succession, and a third soon to close, Bailey increased his assets under management from $30 million to $100 million in just a few years. Can you do the same?
Financial Advisors Act is one step closer
Proposed legislation to regulate financial advisors in Ontario moves onto committee for consideration.
Legislation for a "healthy industry"
Some advisors support a proposed private member's bill that, if passed, would further regulate financial planners in Ontario.
High-risk brokers a top priority for trend-setting regulator
Annual letter outlines 'a road map of issues' to be addressed this year by independent regulatory body.
Quit talking and get regulating: IAP
The OSC's advisory panel pushes for Canada to emulate international regulators where it claims the industry is growing and advisor proficiency is improving.
Advocis applauds CSA delay
CSA sits on the fence about new regulations, deciding to continue its consultations instead.
Advisor voices concerns about new Advocis index
The Advocis Financial Advisors Index will incorporate the feedback from 500 of its members to measure industry confidence, based on key indicators from their clients.
Advocis launches members-only directory
Some advisors say directory is discriminatory
Quebec, Alberta advisors would welcome national regulator
Although the Quebec and Alberta governments remain the biggest hurdles to a national securities regulator, advisors in the two provinces see advantages.
Banks to push advantage in advisor recruitment
The Big Six are aggressively expanding in the wealth segment, and they are likely to push their advantage in scooping up young advisors. That may mean independents and mid-tier firms will have to come up with new ways to recruit.