Industry News

FaceOff: IIROC vs. MFDA

To IIROC or not to IIROC? We put the question to three successful advisors with three very different approaches, and got some great answers. YES Bruce Vaillancourt, CFP, CSA, Senior Financial Advisor, Vaillancourt Wealth Management/Manulife Securities Inc. Bruce Vaillancourt was an MFDA advisor before he moved to IIROC. In the first year after his move, […]

By Kanupriya Vashisht |April 1, 2010

13 min read

Let them save, says CLHIA

Canada’s insurance and health industry believes the country’s retirement system is far from broken, and that individuals simply need more incentive to save for themselves. The Canadian Life and Health Insurance Association’s (CLHIA) latest report, Saving More for the Future: An Achievable Goal for Canadians offers recommendations that tinker with the existing retirement structure—such as […]

By Jody White |April 1, 2010

2 min read

Briefly:

BMO Capital Markets has announced that Perry Hoffmeister will join the firm as head of U.S. investment and corporate banking, effective April 19. He will report to Bill Butt, global head of investment and corporate banking. “Perry has a tremendous reputation for focusing on clients, and a proven ability to lead large teams of professionals […]

By Staff |April 1, 2010

3 min read

Overconfidence breeds poor returns

Investors are an awfully smart bunch…just ask them. You’d have a hard time finding one that would say they are below average. Expectations of personal success are generally far higher than probability actually warrant, says Michael S. Falk, CFA, vice-president and chief investment officer, ProManage, a U.S.-based financial services firm. The objective of the presentation […]

By Vikram Barhat |March 31, 2010

2 min read