Industry

Trust can trump culture

Kenneth Tsang, director, vice-president and investment advisor at RBC Dominion Securities in Toronto, has been advising the Chinese community for over three decades now. During this period, he’s seen a change in the mindset and education level of new immigrants. Compared to immigrants in the 1980s and 1990s, he says, the newer generations are better […]

By Rayann Huang |August 1, 2010

6 min read

Business immigrants face unique challenges

Unlike the average newcomer, business immigrants are not concerned with putting food on the table, but rather with how to continue their success and possibly reach new heights through endeavours in the new country. Their challenges and needs are unique, and largely involve grasping a new financial system that works very differently than the one […]

By Vikram Barhat |August 1, 2010

7 min read

Celebrating Advice: Marketing to new Canadians

Are you good with numbers; fluent in Mandarin, Cantonese or Filipino; and deft at rolling dumplings? If yes, then you may be just the blend some clients are seeking from their financial advisors. At least that’s what Dorothy Chan, a senior investment executive at Scotia-McLeod in Vancouver, discovered when a prospective Chinese client expected her […]

By Kanupriya Vashisht |August 1, 2010

11 min read

Experts debate ETFs, mutual funds

Few debates stir as much passion among investors as the relative merits of mutual funds versus exchange-traded funds. Investors who love ETFs love them a lot, questioning why anyone would pay more for mutual funds that fail to beat their benchmark. On the other hand, mutual fund fans question the wisdom of micromanaging a portfolio […]

By Steven Lamb |August 1, 2010

5 min read