I recently came across an article by Deanne N. Gage on the Morningstar.ca website entitled “Whose interests are truly being served?”. This article describes how to tell financial advisors and product pushers apart. Does your advisor act as a fiduciary or a salesperson?…read more
Here is a great article from Morningstar. The key message is as follows. Does your advisor have professional certification such as a CFP? Does your advisor act as a fiduciary or salesperson? An advisor acting as a fiduciary will mention the use of anInvestment Policy Statement (IPS). Clearly states how they are compensated. Gives you a document in plain interests to describe the relationship. This [...]
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The lofty valuation of LinkedIn, the massively popular professional networking site, makes one wonder if investors have forgotten the perils of paying too much for a stock, however sexy its prospects may be, a mere decade after the bursting of the technology bubble…read more
Continue reading about LinkedIn: Have Investors Learned Anything From the Tech Bubble?
From IFA Life. An IFA is an Independent Financial Advisor in the UK. Latest findings from Sun Life Financial of Canada’s landmark study into the retirement plans of the mass affluent, Sense Check at 60, found that very few of these people have planned adequately for later life. Here are some of the key findings from the report: [...]
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What are the significant benefits of SMA compared to a traditional mutual fund….read more
Continue reading about Separately Managed Accounts (SMA) – A Smart Alternative