Industry News

Hedge funds: Old paradigm or new?

(October 7, 2003) There is a kind of folklore to the modern history of investing. First, at least for private clients, there were the trust departments of the banks, through the 1930s to the 1950s and later, which invested money with the aim of making an actual return. They may have made money, but not […]

By Scot Blythe |October 7, 2003

5 min read

Wealthy clients crave professionalism, contact: Survey

What the wealthy want Count on accountants when building your high net worth client base True wealth: Service first Advisor.ca’s investment policy statement (IPS) template On cloud one million — Strategies for attracting & retaining HNW clients Sweet opportunity: Attracting and advising millionaire clients “One of the findings in the past couple of years is […]

By Steven Lamb |October 7, 2003

3 min read

Briefly:

(October 10, 2003) Entrepreneurs have less stress and have better balance between their home life and work than other people think, according to a study conducted by Decima for CIBC. “People underestimate the benefits of being an entrepreneur and overestimate the hard work and potential risk factors,” said Rob Paterson, CIBC’s senior vice-president of small […]

By Staff |October 6, 2003

5 min read

FPSC’s new practice standards clearly define financial planning

(October 6, 2003) The Financial Planners Standards Council (FPSC) is including a straightforward definition of financial planning as part of a draft practice standards document which has just been released for comment. It’s an attempt to differentiate between financial planning and advice, says the FPSC, the organization responsible for administering the CFP designation in Canada. […]

By Doug Watt |October 6, 2003

3 min read