Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

  • Some of the world’s biggest investors have been sharing their fixed income strategies as they navigate ongoing market volatility.
  • According to Statistics Canada, the average household's net worth in the second quarter of 2022 was $940,560, down $19,300 from the second quarter of 2021 and $65,400 from the first.
  • The investment industry’s new single self-regulatory organization (SRO) is due to launch in January, and it is now seeking members for part of its structure.

These stories in full at wealthprofessional.ca and in our newsletters, plus: Big Six banks might snap up HSBC’s Canadian unit; Cash ETFs draw a billion record as risky assets convulse; and as we mark World Mental Health Day on Monday, one advisor is cautioning others to be honest with themselves about how they and they staff are doing.