Advisors from all channels share many of the same characteristics
When Andrew Pyle’s rookie training program instructor asked the class how much they intended to spend on marketing, he was surprised by some of the answers. “Someone in the room said $300. I was shocked,” he says. “In the back of my mind, I was thinking more like $10,000.” That may seem like an exorbitant […]
Andrew Pyle traded in his 68th-floor Toronto office for a career as a small-city, fee-based planner
Franklin Templeton launches energy fundFranklin Templeton Investments Corp. has launched Bissett Energy Corporate Class for clients who want direct exposure to Canada’s energy sector. The fund will invest in a concentrated group of energy-related securities from companies engaged in exploration, production, refining, marketing and transportation, Franklin Templeton says. Commissions are up to 6% for front-end […]
Researchers for Investment Executive — Marshall Bellamy, Kate Betts-Wilmott, Clare O’Hara and Dalva Potestio — surveyed 306 advisors at six banks and two credit unions to produce the results of this year’s Account Managers’ Report Card. First, an explanation for the sake of clarity: IE uses the term “account manager” and “advisor” interchangeably throughout this […]
Goodman launches Dynamic global fund/Toronto-based investment firm Goodman & Co. Investment Counsel Ltd. has launched Dynamic Global Value Balanced Fund, which will invest in bonds and stocks around the world. The fund does not have a fixed asset mix, which will allow managers to follow the most attractive valuations, the company says. The fund’s equity […]
Interestingly, the top firms shun the dual platform in favour of mutual funds and insurance sales
Firm will charge advisors asset-based fees; advisors can operate under Beacon Wealth Management banner or their own brand
More firms are offering advisors a choice
Fidelity rolls out six managed portfoliosToronto-based Fidelity Investments Canada Ltd. has launched a lineup of six fund-of-funds wrap portfolios that will invest in a mix of Canadian, U.S. and international equities and bonds, including global real estate. The portfolios fall into one of three broader categories: Fidelity Income Portfolio and Fidelity Global Income Portfolio are […]