Industry News

Elite advisor conference update: Speaker outlines five strategies for richer relationships

(June 25, 2004) Want to become an elite advisor? Start acting like one. There’s a tendency for most advisors to focus more on portfolio construction and investment positions and less on creating a “wow” advisor-client relationship, says John Bowen Jr., president of CEG Worldwide, a New York-based advisor consultant firm. According to CEG Worldwide research, […]

By Deanne N. Gage |June 25, 2004

3 min read

Rate hikes coming, but pace will be slow

(June 24, 2004) The U.S. Federal Reserve will raise interest rates next week, leading the Bank of Canada to tighten credit as well, Canadian bank economists. But the long-term pace of rate increases should be fairly slow. “The economy is now doing well enough on the employment front that the Fed feels comfortable reducing the […]

By Steven Lamb |June 24, 2004

3 min read

Ontario reveals new plan for single securities regulator

(June 24, 2004) The Ontario government is making a fresh attempt to reform Canada’s fragmented securities regulation system and the minister spearheading the effort is promising flexibility as he negotiates with other provinces not sold on the idea of a single regulator. The plan — released today by Gerry Phillips, chair of the Ontario Management […]

By Doug Watt |June 24, 2004

3 min read

B.C. reveals details of new advisor registration rules

(June 23, 2004) Advisors working for IDA and MFDA firms in B.C. will no longer be required to individually register with the province’s securities regulator, under B.C.’s proposed new securities act. The British Columbia Securities Commission (BCSC) published details of its new rules this week. The commission is introducing firm-only registration, giving companies the responsibility […]

By Doug Watt |June 23, 2004

2 min read