WP Talk: Recent Episodes
WP Talk
WP Talk is a podcast from Wealth Professional Canada, an online and print publication for financial advisors across the country. Go to www.wealthprofessional.ca for all the latest industry news and views or to subscribe to our daily newsletter.
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Robert Almeida, Portfolio Manager and Global Investment Strategist at MFS Investments explains the rise of AI in the context of past technological advancements. In past buildouts, including railroads, electrification, and the internet, value hasn't always gone to investors. He explains the sort of businesses that can capture value from AI in the long-term and weighs in on whether asset bubbles are how we build big things in capitalism.
Jeff Keller, Senior Financial Advisor at CI Assante, shares how he's getting ready to retire. Keller shares the technical details and emotional challenges of this process. From the arrangement he's made to sell his book, to how he'll keep working, to how he's mentally preparing for life without his work.
Associate Portfolio Manager at Wellington-Altus Private Wealth, explains why he's applying generative AI tools in his practice and how his use of those tools validate his belief in the investment theme.
This episode unpacks how alternatives can be used to manage portfolio volatility. Chad Larson, Partner and Senior Portfolio Manager with MLD Wealth of CG Wealth Management offers his insights into the space.
Learn why Michael Lee-Chin, billionaire chairman of Portland Holdings Inc. is now focused on two key issues facing mankind: clean energy and cancer.
Dr. Jim Thorne, Chief Investment Strategist at Wellington-Altus Private Wealth explains how advisors can use history to understand the current moment, especially with regards to US policy under President Donald Trump.
North America Home Finance is offering a new approach to real estate investment, built around giving Canadians access to homeownership. Learn how the model works and what it can do for advisors and their clients here.
WP Talk goes in depth on wholesaling, interviewing three members of the WP Top 50 Wholesalers List to discover what advisors expect from their wholesalers today.
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
our WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:-Inflation is damaging Canadian entrepreneurs’ mental health-6 keys to growth for financial advisors revealed in new white paper-Pension fund sues JPMorgan execs over links to Jeffrey EpsteinThese stories in full at wealthprofessional.ca and in our newsletters.
Are clients transitioning from the baby boomer mentality of high achievement to a more 1960s hippy-like vibe? What is true is that many people are reassessing their work-life balance in the wake of the pandemic. But according to David Little, senior investment advisor at Blue Oceans Private Wealth, iA Private Wealth Inc., many of these investors are rushing into retirement without a proper income plan.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:-Largest family offices are risk-on, Goldman Sachs poll reveals-For such a big financial asset, why don’t all homebuyers ask an FA?-Introducing the top wealth management wholesalers of 2023: https://www.wealthprofessional.ca/best-in-wealth/top-50-best-wealth-management-wholesalers-in-canada-2023/374484 These stories in full at wealthprofessional.ca and in our newsletters.
In this latest episode of WPCTalk, we discuss “A Flexible Approach to Income and Managing Risk” with the experts at Franklin Templeton Advisors. We sit down to discuss the challenges facing investors in the current market environment, income opportunities in today's market and gain perspective on recent developments in monetary policy. This episode explores the team behind the Franklin US Monthly Income fund, including how the fund manages an active, flexible strategy and which type of investors are a fit for the fund. Additionally, the conversation examines growth vs. value and whether recent market moves have the potential to have a long-term impact. Finally, the episode covers the future outlook for the US and Canada for the next 12-24 months. Listen now for an insightful discussion on investing and navigating the current market landscape.Important legal information Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds. Please read the prospectus and fund fact document before investing. Mutual funds are not guaranteed. Their values change frequently. Past performance may not be repeated. The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal. Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction. Issued by Franklin Templeton Investments Corp., 200 King Street West, Suite 1500 Toronto, ON, M5H3T4, Fax: (416) 364-1163, (800) 387-0830, www.franklintempleton.ca.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:-Should clients load up on AI stocks or wait and see?-Starlight Investments’ $1-billion plan for UK rental home assets-New consumer groups offer a great deal of growth potential for wealth firmsThese stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:-BoC could be forced to hike again warns Macklem-TD landed with $200 million bill as First Horizon deal is scrapped-Why being child friendly could be a great business decision for FAsThese stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:-Millions of Canadians already struggling with mortgage payments -Long-term care is a huge financial burden, could this be the answer?-Toronto housing market roars back to life These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:CI Financial debt downgraded to junk, stock tumblesCanadian ETF flows ease and swings sharply to fixed incomeGlobal VC activity suffers as investor caution risesThese stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- CI Financial debt downgraded to junk, stock tumbles
- Canadian ETF flows ease and swings sharply to fixed income
- Global VC activity suffers as investor caution rises
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Inflation, volatile markets, weak returns: clients are blaming you!
- Entrepreneurship is key to financial freedom for new Canadians
- Ontario Teachers looks to increase exposure to private credit
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- JPMorgan to acquire failed First Republic Bank
- Are robots really about to steal our jobs? WEF report released
- FP Canada publishes projection assumption guidelines for 2023
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- CI Financial to sell minority stake in US wealth management firm
- BCSC to target lower-level rule breaking with ‘speeding tickets’
- Canadian home price declines to end in 2023 says CMHC
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- $1 trillion wealth transfer sparks Gen X cottage-buying surge
- Your business owner clients are likely working harder than ever
- Why the Bank of Canada may prioritize inflation over rate cuts
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Don’t oversimplify complex RRIF withdrawal rules, FP Canada urges
- Canadian mutual funds fall out of favour again while ETFs ignite
- First Republic could sell $100bn assets in rescue plan
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- New SRO finally gets a new name and logo, but one hurdle remains
- FRSA exec to lead insurance body, oversee new seg fund rules
- Are millennials harder to please than other clients?
These stories in full at wealthprofessional.ca and in our newsletters.
Back in 2019, if you were asked if the 60/40 portfolio was dead, you would likely say “no”. However, a whole lot has changed since then, and investors need to be aware of the most recent market updates.
Join Michael Greenberg of Franklin Templeton Investment Solutions for this comprehensive podcast where he discusses the latest updates regarding the 60/40 portfolio. Get the latest industry insights and learn how you can position your portfolio for the best results possible.
Get answers to questions like:
- How has the roll of fixed income changed in multi-asset portfolios?
- What is the state of the current economic environment and how can you position your portfolio?
- How have managed solutions evolved to help Investors who face the many challenges in constructing a truly diversified portfolio? – and so much more
Don’t miss this essential informative podcast, click here, and learn how you can best position your portfolio in 2023.
Disclaimer:
Important legal information
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds. Please read the prospectus and fund fact document before investing. Mutual funds are not guaranteed. Their values change frequently. Past performance may not be repeated.
The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.
Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction.
Issued by Franklin Templeton Investments Corp., 200 King Street West, Suite 1500 Toronto, ON, M5H3T4, Fax: (416) 364-1163, (800) 387-0830, www.franklintempleton.ca.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian home price index drops more than in financial crisis
- Behavioural biometrics and how they are helping to combat fraud
- RBC teams up with Conquest for new financial planning solution
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Breaking: Canadian police probe $20 million Pearson gold heist
- What is ‘pig butchering’ and why is it a top 3 risk for investors?
- RBC launches new First Home Savings Account
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- 6 in 10 Canadians don’t understand their finances, study reveals
- Should Canadian government workers be paid less?
- FP Canada announces changes to training and certification
These stories in full at wealthprofessional.ca and in our newsletters.
In this latest episode of WPCTalk, we discuss “A Flexible Approach to Income and Managing Risk” with the experts at Franklin Templeton Advisors. We sit down to discuss the challenges facing investors in the current market environment, income opportunities in today's market and gain perspective on recent developments in monetary policy.
This episode explores the team behind the Franklin US Monthly Income fund, including how the fund manages an active, flexible strategy and which type of investors are a fit for the fund. Additionally, the conversation examines growth vs. value and whether recent market moves have the potential to have a long-term impact. Finally, the episode covers the future outlook for the US and Canada for the next 12-24 months. Listen now for an insightful discussion on investing and navigating the current market landscape.
Important legal information
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds. Please read the prospectus and fund fact document before investing. Mutual funds are not guaranteed. Their values change frequently. Past performance may not be repeated.
The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.
Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction.
Issued by Franklin Templeton Investments Corp., 200 King Street West, Suite 1500 Toronto, ON, M5H3T4, Fax: (416) 364-1163, (800) 387-0830, www.franklintempleton.ca.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- CRA strikes creating confusion among procrastinating tax filers
- Wellington-Altus hire’s IG Wealth’s high-net-worth expert
- Manulife report highlights finances impact on mental health
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The world’s top 10 wealthiest cities: are any in Canada?
- How can AI be used ethically in financial services?
- How are Canada's young people faring in the current economy?
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- 250 companies may cause 73% of biodiversity impact say investors
- Private equity professionals are expecting a tough year says S&P
- Hedge funds are betting on a greenback bounceback
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- RRIF rules are outdated and need reform says CD Howe
- Canadian SMEs remain upbeat despite high cost of doing business
- BofA strategist advises avoiding tech-heavy US stocks
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian ‘big six’ bank is world’s biggest fossil fuel backer
- Why ‘generation rent’ are facing an uphill struggle to retirement
- BoC rate decision helps, but households are still at risk warns CCS
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Financial services needs to do more for low-income Canadians
- Bank of Mom and Dad has tightened lending for homebuying kids
- Canadians becoming more concerned about their finances
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Economists split on Canadian inflation but united on rate cuts
- Canadian fintech lets you tap Cathie Wood, Warren Buffett for inspiration
- The rise and fall (and rise again) of crypto ETFs
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- ETFs continue to grow among institutions, but pivots are clear
- Has the NFT frenzy gone for good or are better times ahead?
- Most economists dismiss further potential BoC rate hikes in 2023
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- More Canadians dipping into their ‘do not touch’ savings accounts
- Luxury home sales expected to rise in the second quarter
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian ETFs attract $7bn with financials gaining despite crisis
- Future-focused firms outperform for shareholders says BCG
- A Canadian big six bank is revealed as world's most shorted
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Purpose eyes alternatives shake up with innovative new platform
- Canadian DB pensions funds growing stronger despite challenges
- How ready for retirement are Canadians today?
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- RBC: Surprise growth in January does not mean everything’s rosy
- Millions of Canadians saw record decline in net worth in 2022
- OPEC+ makes surprise output cut, not good for inflation outlook
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian billionaires unite as Rogers-Shaw deal to get green light
- Financial services tech poses risk to global financial system
- SME Institute founded to help Canada’s entrepreneurs flourish
- Last week to submit an entry for 5-Star Advisory Teams
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Fed budget addresses financial crime as report reveals surge
- Business leaders are more optimistic on the global economy
- Does Canadian budget push us towards unsustainable debt?
- Last week to submit an entry for 5-Star Advisory Teams
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Retail investors are falling out of love with their local equities
- Most Canadians are taking a big risk with travel insurance says TD
- BMO and CIBC announce new investment opportunities
- Last week to submit an entry for 5-Star Advisory Teams
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s recreational homes market to soften warns RLP
- Fund managers pivoting to private wealth for fundraising
- Canadian government to boost clean energy subsidies
- Last week to submit an entry for 5-Star Advisory Teams
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Surge for Canadian investment funds in latest IFIC flows data
- Fixed income favoured as CIOs navigate stormy waters
- Wall Street equities bear sounds alarm on earnings guidance
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- RBC: Most Canadians are tired of looking out for scams
- Tax planning is not considered a year-round priority for most Canadians
- Women now account for a larger share of Canadian business owners
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Turbulent markets spark rethink for world’s largest investors
- ‘The Fed pushed until something broke, but it’s still raising rates’
- Equifax Canada launches real-time fraud tool as incidents rise
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Wealthsimple empowers investors with new private credit product
- Mastercard urges financial services firms to lead on cybercrime
- Fed in focus ahead of interest rate decision
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- CFA announces ‘most significant changes’ to its program in 60 years
- New SRO details compliance priorities for merged regulator
- Why ESG investors fear legal challenges amid global split
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- UBS snaps up Credit Suisse in rescue mission - $8bn in costs to be cut
- Most Canadians expect finances to be worse in a year from now
- Canadians feel ‘trapped’ by rising grocery prices
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Mutual fund complaints jump in record year for OBSI
- Are you seizing the opportunity to advise on index funds?
- Canadian PE firm to acquire Pornhub parent company
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Inflation won’t be tamed until at least 2024 warn economists
- Manulife Securities powers-up advisory with tech platform
- US recession risk has increased says Goldman Sachs
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian private equity industry cautious but remains optimistic
- Mastodon and TikTok among important sources for equity decisions
- CFIB calls for more support for Canada's small businesses
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- More women working in alternatives industry but still just 21%
- Canadians believe it’s easier to live sustainably if you’re wealthy
- Canadian short-term bond yields drop most in almost 30 years
These stories in full at wealthprofessional.ca and in our newsletters.
With inflation and the possibility of a recession becoming more apparent, many people are concerned with where the Canadian stock market lies in 2023. The market has been through a lot in the past few years and investors are looking to experts for guidance.
In the last episode of WP Talk, join Garey J. Aitken, chief investment officer at Franklin Bissett Investment Management, for a comprehensive discussion on the current state of the Canadian equity market and what investors need to know moving forward. Discover what experts are saying about upcoming opportunities in the market and what potential concerns they have for the future.
You will gain insights on:
- Inflation and the possibility of a recession
- The outlook on the Canadian equity market
- Views on the energy sector and how investors are positioned within it
- Valuations for the fund’s equity holdings and if they are important drivers of long-term returns
Don’t miss this exclusive dive into the Canadian equity market and learn how experts are positioning themselves for the best possible outcomes.
Important legal information
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds. Please read the prospectus and fund fact document before investing. Mutual funds are not guaranteed. Their values change frequently. Past performance may not be repeated.
The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.
Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction.
Issued by Franklin Templeton Investments Corp., 200 King Street West, Suite 1400 Toronto, ON, M5H3T4, Fax: (416) 364-1163, (800) 387-0830, www.franklintempleton.ca
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- SVB Canadian branch seized by OSFI to protect creditors
- Bonds surge, equities fall as SVB fallout continues
- Are Canadian snowbirds making the right choice of US state?
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Tax filing this year is more important say pressured Canadians
- OSC whistleblowers lead to $48 million monetary sanctions
- BoC needs time to assess impact of rate hikes
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Equifax: We are starting to see a rise in missed credit payments
- Spring home season approaching, but how will it look?
- Canada's largest IPO in 10 months raises $150m
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian wealth firms to merge into $12 billion AUM powerhouse
- Good news, bad news for Canadian women’s pay equality
- Decision day for the BoC
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Millions of Canadians are leaving their legacy open to challenge
- Investment migration programs: which is the world’s best?
- Australia signals interest rate pause
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Investors are taking a more cautious approach despite strong performance of private vs. public investment options
- Harness Investment Management to offer Vanguard fund suite
- Commodity traders saw a $115bn boom in 2022
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Ultra-high-net-worth individuals lost 10% of their income last year amid an historic shock
- Fixed income leads the charge for Canadian ETF inflows
- Current economic climate shakes Canadians’ financial confidenc
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian women look eye self-employment as wealth builder
- How much tax do Canadians think they should pay?
- Credit Suisse report reveals investors have a lot to relearn
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Most Canadians are fighting back against the threat of fraud
- Financial services among drags on economy in December
- Bitcoin back to $30K? Traders are betting on it
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Last year could have been a record-breaker for the global private equity (PE) industry, but then came sharp-rising interest rates.
- Young Canadians are already considering how their wealth may be able to impact others, even after their death.
- Australia to double tax rate on largest pension balances
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- New study warns that people are cutting back on health-related expenses and financial stress is taking a toll on personal relationships
- Ontario regulator is expecting the use of private mortgages to increase and wants to ensure people don’t make a costly mistake
- CDPQ set to hire as it boosts corporate credit capabilities
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Young people are losing confidence in their finances as inflation continues to bite but want to use investing as a way to offset their money struggles.
- Interest in impact investing is rising across all generations and genders, with women showing greater interest in 2022 than in recent years.
- JPMorgan Chase & Co.’s market capitalization could more than double and hit $1 trillion by 2030These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The sharp increase in Canadian home prices has changed what even those with a seven-figure budget can afford and even with some moderation in recent months, homes with those hefty price tags are not unusual.
- Things are not rosy in the Canadian economy, but there are some bright spots that may mean avoiding a devastating downturn this year.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Is support for socialism as an economic system now strong enough in Canada to imagine a shift in that direction become reality?
- TSX Venture Exchange (TSXV) has revealed the companies that are driving growth in their industries in Canada and across the world.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The United States is home to the largest concentration of high-net-worth individuals (HNWIs) on the planet, but many are looking for pastures new.
- Financial planning remains less prevalent in Canada than it should, with most people polled recently saying they do not have a plan.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- In a speech Thursday, Governor Tiff Macklem appeared to give extra weight to expectation of a pause on rate hikes in a statement to the House of Commons Standing Committee on Finance.
- 30,000-strong global hedge fund industry growth is slowing
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Ontario’s pension plans remained resilient despite challenges
- Are Canadians at tipping point on gratuity-supported wages?
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Are we facing a longer recession than most are expecting?
- iA Financial chief praises talented team as profits rise
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The use of extremely-high-interest loans is one of the reasons why Canadian millennials are increasingly filing for insolvency – but they aren’t the only ones.
- With the finances of millions of Canadian households in peril, more than a quarter dread the prospect of an unexpected expense.
- A new report from Edward Jones Canada reveals how Canadian investors anticipate approaching the RRSP season this year.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Ultra-defensive strategies will ‘burn away all your returns on inflation; Money managers caught off guard as stock market shifts; and we’re just ordinary people: how couples can stay in financial harmony
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian labour market continued upward trend in January
- Scotiabank expands AI-powered advice solution
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why wait for BoJ new governor is a worry for global bond traders; Euro-zone may avoid recession according to latest stats; and emerging markets facing deceleration run.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The expansion of TD Bank Group in the US will not now happen until the spring.
- Highest earners are not necessarily the smartest, study reveals.
- Time to play defensive on corporate bonds say money managers
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: For Canada’s millennials, Russell Investments introduce new Chief Executive Officer and Chairman; and Former advisor highlights benefits of investing in debt fund.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- At the start of this decade, a poll of Canadian adults found that savings of $1.4 million was required to fund a comfortable retirement.
- More than 4 in 10 Canadians are ‘very concerned’ about their ability to meet day-to-day expenses according to official data.
- Global count of CFP professionals reaches new record.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Advisors are shifting service models from individuals to families; Conquest eyes further growth with $24-million Series A investment; and advisor leader at Edward Jones shares how he built a practice from scratch, and his three-step formula for timeless success
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The number of consumer insolvency filings soared into 6 figures in 2022 as 100,184 Canadians found their finances had reached breaking point.
- An economic environment marked by high inflation, rising interest rates, and forecasts of a recession has led to concerns among Canadians about their financial future, according to a new TD survey.
- High-profile VC investor tricked into ‘selling’ 7-figure NFT collection.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: CI GAM widens private markets access for individual investors; Canada's soft landing may turn on Chinese reopening; and it's time for family offices to step up for ultra-high-net-worth clients.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Expect interest in private markets by global institutional investors to continue its upward path as opportunities become increasingly attractive.
- Ontarians need more information about pensions to encourage them to save for retirement.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Mackenzie Investments and CapIntel say new Link offering injects conviction and storytelling into the KYP experience; report questions proposed mansion tax for Alberta city; and playing the long game pays major dividends in growing your practice.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- An analysis of the five largest marketplaces in the non-fungible token ecosystem shows strong start to the year but it won’t be a record one.
- Canada Revenue Agency criticised for handling of lockout of taxpayers accounts that may have been compromised.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Traders confident that ChatGPT won’t take their jobs; Rothschild family plan $4 billion take-private for eponymous bank; and is biomethane the future for energy? Goldman Sachs thinks so
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- A new analysis of the loan-to-value (LTV) ratios of new mortgages by national real estate firm RE/MAX reveals a decrease across 12 major markets between Q3 2012 and Q3 2022.
- Most Canadian snowbirds flying without a financial co-pilot, CIBC poll reveals.
- Registration is now open for the WP AdvisorConnect Roundtable-Alternative Assets. Click here to save your spot.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Sprott unveils four new energy transition material-focused ETFs; How CIFSC is helping advisors have the ESG talk with clients; and what does retirement mean for Tom Brady now?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian pension plans managed to end 2022 with a positive despite challenging conditions that lead to a negative median return for the year.
- At a time when Canadians are working hard to keep on top of their own finances, a new report on the cost of public debt servicing will be a bitter pill to swallow.
- A new report published by IG Wealth Management reveals that Canadians continue to be ruled by myths and misconceptions when it comes to retirement planning.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Russell Investments unveils tax-managed investment solutions; Counsel Portfolio Services debuts high-interest savings fund; and digital vs. personal - which wins in the advisor-client communication clash?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian businesses still feel pessimistic about the domestic economy, but there is improvement according to a new report.
- Getting help when financial matters are out of control is vital, but many Canadians would avoid that at all costs.
- Did Elon Musk tweet really wipe $12 billion off Tesla?
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: How has inflation changed the RRSP equation?; TikTok's ‘soft saving’ trend affecting how young Canadians save – or don’t save; and Quebec court finds wealth firm tried to ‘launder millions of dollars through donations made to foundations’.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Toronto-based equities clobbered those in New York over the past year, and Bank of America Corp. expects that to continue as cash resources of Canadian stocks now outstrip those of US peers.
- The ability of Black Canadians to advance in their careers and increase income could be impacted by recession.
- BMO InvestorLine has added a new feature that enables self-directed investors to access ESG information on the companies they intend to invest in.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: After record year of inflows, Canadian ETFs still have more room to run; Crypto ETFs kick off 2023 with roaring returns; and Success has no secret recipe — and no shortcuts says Manulife Securities' Maxime Clements.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Working part time after 65 means less risk of retirement disaster
- Why wealth professionals should know about AI and DLT
- Canadian inflation set to ease amid rapid cooling of housing market
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Rate hikes and earnings in focus for cautious stock markets; oil demand disappoints post-lunar new year holidays; and why hedge funds are bearish on bonds despite gains.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- TD: Delaying retirement is helping offset a greying economy, for now
- IFIC year-end report shows how 2022 snapped funds’ growth trend
- Blackstone aimed for $1 trillion AUM in 2022 but did it get there?
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: What 'tug-of-war' in outlooks means for fixed income investors; Small business confidence remains muted in January; and National Bank of Canada announces changes to its senior leadership team.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian’s pandemic savings intact but is that about to change?
- Have Canadian big banks got issues with their online brokerages?
- Macklem puts his reputation on the line with soft-landing bet
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Fidelity Investments Canada ULC Launches New Hedged Solution; BlackRock’s iShares regains pole position from Vanguard; and what could a US recession mean for gold and gold equities?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Mackenzie Investments' report reveals that, during 2022, Canadian ETF inflows topped $35 billion, while assets under management reached $314 billion, exceeding the $300-billion mark for the second time in history.
- How much do you clients really trust you?
- Bieber banks Blackstone-backed bucks from back catalogue sale
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Grab your slice of the growing responsible-investing pie, advisors told; China on the back burner as US fund managers warm to Europe; and how The Gryphin Advantage is living up to its partnership promise?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- In a new survey from the Responsible Investing Association (RIA), retail investors in Canada have overwhelmingly revealed their position on biodiversity.
- Canadian VC comes close to record high in 2022
- Even though economic challenges have shaken Canada’s young adults to the core, they still believe that blue skies are ahead, according to a new survey from Meridian.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadian equities at 7-month high as bull market endures; macro issues ‘tend to be more noise’ says Dixon Mitchell’s Don Stuart; and can ‘summary deliberations’ make Bank of Canada credible again?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The global economy will face significant challenges in 2023, but that isn’t dampening sentiment for the private securities sector, with growth in private equity crowdfunding particularly strong.
- Investing in rental homes in the Greater Toronto Area (GTA) proved profitable in 2022.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why Harbourfront’s president is excited for 2023; Market pressures add to US active mutual fund woes; and Canadian oil firms eye growth fund to boost carbon capture.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadians’ net wealth and net savings positions have weakened as expenditure and debt outpaced income and assets.
- US equity-index futures struggled for direction as traders remained concerned over hawkish central banks, worsening economic data and earnings hiccups in the world’s largest economy.
- What’s the world’s most valuable brand in 2023?
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why Harbourfront’s president is excited for 2023; Market pressures add to US active mutual fund woes; and Canadian oil firms eye growth fund to boost carbon capture.
Infrastructure investing has historically benefited in inflationary environments and is emerging to be an attractive feature given today’s market dynamics. In the latest episode of WP Talk, Dave Wahl, director, senior portfolio specialist at Franklin Templeton, discusses the importance of investing in infrastructure today and the top advantages it provides. He also delves into the current market conditions and makes a case for why you’ll need an active strategy if you’re going to reap the benefits of infrastructure investing.
Important legal information
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the prospectus and fund fact/ETF facts document before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.
The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.
Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction.
Issued by Franklin Templeton Investments Corp., 200 King Street West, Suite 1500 Toronto, ON, M5H3T4, Fax: (416) 364-1163, (800) 387-0830, www.franklintempleton.ca.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The balance between ensuring the retirement security of Canadians and protecting against climate change is not being adequately planned by pension funds.
- The world is becoming less trusting of institutions that impact our wealth and wider lives according to a new report.
- Disney heiress Abigail Disney and The Hulk actor Mark Ruffalo are among the group of 205 millionaires and billionaires who on Wednesday urged world leaders and corporate executives attending the WEF in Davos to swiftly enact wealth taxes to combat "extreme inequality."
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: The economy is impacting Canadians’ 2023 home renovation plans; HomeEquity Bank’s reverse mortgage business still booming; and What car brands are the choice of wealthy buyers?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- A major survey of business leaders has revealed a generally-negative outlook for the global economy in the next 12 months.
- Canada’s new single self-regulatory organization has announced the members of its Investor Advisor Panel (IAP).
- BMO has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas.
- Nominations are open for the 9th Wealth Professional Awards
These stories in full at wealthprofessional.ca and in our newsletters, plus: RBC iShares beefs up its shelf with covered-call ETFs; Don’t be blinded by the ESG premium, says top PM; and should young adult clients be wary of finfluencers?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- There is more data this week highlighting the pressures that Canadian households are feeling after almost a year of rising prices and interest rate hikes.
- Report shows tumultuous year for global ETF industry.
- The personal relationships that are a traditional core of the investment banking may be holding the industry back from innovation.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Nominations are open for the 9th Wealth Professional Awards; Fiera Capital names new global head of real estate; and Can Canada stick its post-rate hike landing?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Wealth inequality report calls for greater taxation of wealthiest 1%
- WEF economists poll shows bleak outlook for global economy
- Bitcoin starts the year on a high as FOMO helps crypto find its mojo
These stories in full at wealthprofessional.ca and in our newsletters, plus: Equity rally falters as markets take a reality check; European debt no match for US Treasuries say investors; and China’s blue chip stocks are back in favour.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- CFIB's Main Street Quarterly report reveals some signs that recession could be avoided, at least for now.
- Optimistic tone from Royal LePage as Q4 2022 Canadian home price data is unveiled.
- Markets digest stats to second-guess the Fed; equities rise on positive signs.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Bank of Canada losses could exceed $8 billion; how were high income Canadians impacted by the pandemic; and a top woman advisor looks back on her rally car racing career.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- While there may be many headwinds for the global banking industry in 2023, one thing dominates concern among its chief risk officers (CROs).
- Canada’s largest cities are getting bigger and more expensive, forcing hundreds of thousands of people to search for affordable housing elsewhere.
- Economic uncertainty and the continued pressure of inflation and rate hikes has not dampened the resolve of Canadians to reach their financial goals in 2023.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Cracks form around Canadian banks’ outperformance record; Why defensive stocks are ideal amid profits recession; and as Blue Monday approaches, are you a Whole Foods advisor or a Wal-Mart advisor?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Investors in Canada’s commercial real estate (CRE) market will remain exposed to risk from several economic factors in 2023.
- Hour-long interviews with almost 80 billionaires with an average US$4.9 billion by JP Morgan Private Bank has revealed how some of the world’s wealthiest families manage their fortunes.
- New research by the Canadian Federation of Independent Business (CFIB) shows that over seventy-six percent (76%) of small business owners are expecting to sell their company within the next 10 years.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Evolve Funds Group officially launches new yield funds; Ontario farmland’s long history of phenomenal growth; and after 2022’s perfect storm, are REITs poised for a breaking dawn?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Wealth managers for some of the world’s richest families have revealed their key focuses for the year ahead.
- A new analysis by Point2Homes.com considers the cost of renting and homeownership across Canada and reveals the cities where the cost of shelter is the highest and lowest.
- Despite the market fall, worldwide net inflows into ETFs totaled US$867 billion throughout 2022, which is second-highest on record only to the US$1.29 trillion peak reached in 2021, according to new figures from BlackRock.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Richardson Wealth announces successful transition to Fidelity Clearing; PSP Investments bolsters its senior executive leadership; and have central banks’ shock treatment brought fixed income back?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The Investment Funds Institute of Canada (IFIC) has appointed a new chief following an extensive nationwide search.
- With rising inflation and interest rates across much of the world, how will the market for high-end real estate be impacted?
- A cryptocurrency sector battered by turmoil last year is showing some signs of life early in 2023
These stories in full at wealthprofessional.ca and in our newsletters, plus: 2023 brings new planning opportunities for clients; hedge fund managers report a steep decline in confidence; and Canadian dollar to rebound in 2023 if economic uncertainty clears.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian exchange-traded funds (ETFs) and mutual funds ended 2022 as a mirror image of each other as investors cemented a clear preference.
- European stocks better reflect the coming slide in earnings than pricey US peers, according Citigroup Inc. strategists.
- The struggles of keeping up with the cost of living became too much for thousands of Canadians in 2022 according to official stats.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Equities struggle ahead of key US data; World Food Index eases to early-2022 level but remains elevated; and $1.4 trillion in foreign investment in China was via tax havens.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- British Columbia now has a cooling-off period for homebuyers, providing three business days to pull out from a purchase after an agreement has been signed.
- BMO’s capital-markets unit was the top arranger of initial public offerings in Canada in 2022
- Those paying the top rate of personal income tax in Canada’s most populated province have been let down by provincial lawmakers according to a new report.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Sizing up the opportunity in short-term real estate lending; China ESG reckoning looms for investors; and beyond the hype of cryptoassets.
Andrew Buntain, Vice President, Institutional Portfolio Manager at Franklin Bissett, discusses inflationary pressures, quantitative tightening, the significant slowdown of growth, and the possibility of a full-blown recession. Take a deep dive into what this means for fixed-income markets and the head and tailwinds that the markets will face.
Disclaimer: Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the prospectus and fund fact/ETF facts document before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.
The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The underlying assumptions and these views are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. There is no assurance that any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets will be realized. The value of investments and the income from them can go down as well as up and you may not get back the full amount that you invested. Past performance is not necessarily indicative nor a guarantee of future performance. All investments involve risks, including possible loss of principal.
Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other FT affiliates and/or their distributors as local laws and regulation permits. Please consult your own financial professional or Franklin Templeton institutional contact for further information on availability of products and services in your jurisdiction.
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Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The financial strength of Canadian defined benefit (DB) pension plans increased in the last three months of 2022, to set them up for a strong start to the new year.
- New research from Questrade and Leger reveals that, even as inflation bites a chuck out of household incomes, putting money into retirement savings plans remains paramount.
- Driven primarily by US and international investors, Canadian venture capital (VC) investments in Q4 2022 is poised to easily surpass the $2.2 billion mark.
These stories in full at wealthprofessional.ca and in our newsletters, plus: For a young advisor guiding Gen Z clients, social media is a good place to start; Market misery dealt sovereign wealth funds historic setback in 2022, study shows; and Canada's ban on foreign homebuyers takes effect.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The start of a new year always has some elements of hope and renewal, but when it comes to financial concerns 2023 feels much like 2022 according to a new CIBC poll.
- Almost four in ten Canadian entrepreneurs say that their business is in good shape, roughly in line with their sentiment at the end of 2019.
- After the biggest loss for 60/40 portfolios since the global financial crisis, better days may lie ahead for the trillion-dollar complex of balanced investment strategies.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Deglobalization could create a new order in emerging markets; a snapshot survey sheds light on pre-retirees’ plans and preparations for life after work; and what’s the bull case for gold in 2023?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- CI Financial has announced its latest asset stats and given an update on its plan to offer at least part of its US wealth management business on the US stock market.
- Commercial real estate investors in the Americas favour multifamily and industrial as their top investment choices for 2023.
- Elon Musk said again that he’ll stop selling Tesla Inc. shares, after disposing almost $40 billion of his holdings contributed to the stock plummeting to a two-year low.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why 2023 will be the year of the income investor according to Mackenzie Investments CIO; why the BoC’s commitment to data-based interest-rate policy is a welcome shift ; and Ontario Securities Commission welcomes a new chair.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- While many are now bracing for a national – and global – recession in 2023, how are Canada’s individual provinces set to weather the storm?
- Three quarters (76%) of global institutional investors are expecting the economic climate to improve in 2023, but business leaders don’t agree.
- New research focused on the family office space reveals a glaring divergence between how ready the next generation of ultra-high-net-worth clients feel to take over their families’ wealth, and how prepared family offices think they actually are.
These stories in full at wealthprofessional.ca and in our newsletters, plus: A BC lawyer faces a 15-year suspension over trust account violations; how an advisor’s own life journey strengthens her bond with clients; and how ‘outcaring the competition’ can elevate advisors' practices.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s current cohort of young adult investors are keen to do things their way and they may choose not to listen to professional wealth advisors.
- The trajectory of Canadian investment funds continued on trend in November with ETFs cementing their superiority among investors.
- Elon Musk’s fortune continues to take a beating a week after he lost his spot as the world’s richest person.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Rising interest rates have worsened Ontario’s housing affordability crisis; Purpose pushes through with yield-focused single-stock ETFs; and how Nicola Wealth is doubling down on the institutional space.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian households are facing a sharp rise in the amount they pay for their debts relative to their income according to TD Economics.
- The Bank of Japan’s unexpected hawkish shift sent shock waves through global markets as the developed world’s last holdout for rock-bottom interest rates inches toward policy normalization.
- Being alive for half a century is certainly a positive milestone, but it’s also a worrying time for many people as they consider their future health and finances.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Feds face pushback over planned end to inflation-protected bonds; most Canadian businesses are ready for a 2023 economic downturn; and why recession fears shouldn’t dampen 2023 energy outlook.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The concerns that Canadian portfolio managers (PMs) and investment dealers have about financial risks have been revealed in a new report.
- After divesting more than $22 billion of Canadian securities in September, foreign investors’ sentiment swung back in favour to the tune of $8.5 billion.
- A new survey from BMO has added to mounting evidence of the impact that economic challenges are having on Canadians’ holiday spirit.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Are we at the end of the bond bear market?; an advisor faces five-figure penalties for pre-signed form infractions; and how to keep client relationships going? Raise your question game.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The FP Canada Research Foundation has been looking into the influence that bias has on the recommendations that financial planners make to their clients.
- OSFI maintains mortgage stress test requirements meaning borrowers will have to be resilient to rates of more than 7%.
- Headline-grabbing stories such as the collapse of the FTX Exchange are concerning for investors in digital assets, but they still want a piece of the action.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Recession fears continue to punish equity markets; why the independent model is the perfect fit for one advisor; and the wealth professional planning to run across Manitoba in 12 days.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian businesses could be in for a challenging time as employees consider leaving for a better paid role.
- New data from Statistics Canada gives a fresh look into how Canadian retirees view their financial situations.
- When budgets are tighter, it’s perhaps expected that generosity suffers, but Canadians have been giving less for more than a decade.
- CFP Board plans to form a Competency Standard Commission in 2023 to study and assess the competency standards for education, examination, experience, and continuing education.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadians' financial fears grow as recession is expected; New year, more taxes: Canadians' take-home income to drop by up to $305 on January 1; and What lies ahead for Canada’s ETF industry in 2023?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Billionaires say it’s their duty to ‘lead the way’ on positive impact
- IG Wealth announces partnership to drive mortgage business
- US equity futures swing as Fed decision is anticipated
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadians' financial fears grow as recession is expected; New year, more taxes: Canadians' take-home income to drop by up to $305 on January 1; and What lies ahead for Canada’s ETF industry in 2023?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- As the crypto industry is trying to recover its reputation – and value – following the dramatic collapse of the FTX Exchange, officials in Canada and the US are ramping up the pressure.
- What will happen to Canadian house prices in 2023? It’s a big question for homeowners including investors in residential real estate.
- The Bank of Canada said it’s more worried about not raising interest rates high enough to quell inflation than it is about inflicting additional economic pain.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Investors’ conviction in Cathie Wood’s ARK Innovation is waning; BC advisor permanently barred for misappropriating funds; and viewing World Cup success through an indexing lens.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Calls for Canada’s banking regulator to take a softer stance on mortgage lending have been rebuffed by its chief.
- After a year of underperformance, Big Tech and crypto could see a boost as retail investors express their intentions to invest in the beaten-down assets in the new year, a recent study found.
- While some Canadians will be easing back on holiday spending this year, many more will be keen to enjoy the festivities even if budgets are squeezed.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Equity hedge can offer protection against shocks by reducing a portfolio’s volatility; Blueshore Financial advisor offers tips for helping the ‘club sandwich generation’ with multiple responsibilities; and could battered U.S. stocks, a tax-loss selling favourite, come back in January?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Investors who want to make informed choices about the companies they invest in will struggle to find reliable data from Canadian firms.
- More than half of Canadian businesses in a recent Statistics Canada survey took on government-sanctioned pandemic loans during the COVID-19 crisis, which many are finding hard to pay back.
- Study reveals that Canadians are lagging most other industrialized nations in the number of paid leave days they get.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Recession risk might present fresh investment opportunities says IG Wealth; a Big Six bank says Macklem could have stopped interest rates at 2.5% barring COVID aid; and in our Other Life feature, how running has changed one PM’s life – and will help him save babies, too.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Many economists were expecting the Bank of Canada to hike interest rates Wednesday, but not necessarily by the 50 basis points it decided on.
- There could be a significant slowdown in the Canadian labour market in the coming months with a jump in unemployment.
- As their current allocation to alternatives is well over their expectations, hedge funds are seeing a large volume of investor redemption.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: What the BoC rate hike means for HELOC and variable-rate mortgages; the CFP Board warns unqualified advisors to limit crypto advice; and Harbourfront names new Director of Financial Planning and Analysis.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- With 2023 fast approaching, investment firms are taking their best shot at weighing up the likely challenges ahead.
- More than three quarters of institutional investors are expecting average returns of 7.9% in 2023, despite several challenges.
- An Angus Reid Institute poll reveals that more than half of Canadians expect to spend less money on Christmas this year.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Raymond James enters deal to acquire Solus Trust; mega-investment in cyber defense could boost cybersecurity ETFs; and ‘It’s the people who make the difference,’ says transitioning advisor.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- New stats from Equifax Canada reveal a 7% year-over-year increase in the total owed by consumers at $2.36 trillion.
- Your business-owner clients now have the ability to reduce the cost of accepting credit card payments – but should they use it?
- The cost of groceries is expected to increase by up to 7% in 2023 in Canada and food prices will continue to climb in the coming year, recent research revealed.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Jail sentence ends a decade on the run for ‘tax protester’ scheme fugitive; Why the market is more worried about the banks than the analysts are; and for the vast majority of donors, trust in charities is important.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian ETF inflows in November posted their best month since March and their third highest of 2022.
- The assets controlled by the world’s 100 largest asset managers grew 9% in the year to the end of 2021, down from 16% growth in the prior year.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Aviso Wealth and CapIntel establish a new strategic relationship; What can we expect in Canada’s ESG fund landscape in 2023? And what are your best portfolio bets in an impending recession with high inflation?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s banks are spending 1.9% more on bonuses for fiscal 2022 than they did a year earlier, despite a dramatic slowdown in investment-banking activity, as they try to retain talent in the hope of a recovery in the year ahead.
- Based on a narrow majority of economists polled by Reuters, the Bank of Canada will raise its benchmark interest rate by 50 basis points to 4.25% on December 7, and then suspend its nine-month tightening campaign.
- There is an opportunity for advisors to engage with those who may be attracted to alternative investments.
- Demand for improved ESG risk assessment data has prompted an upgrade for Morningstar Sustainalytics.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: RBC deal with HSBC Canada could come with a bonus; charitable gifts are the preference of most Canadians rather than a traditional present this year; and how can private debt investors gain from rising-rate pain?
The future presents challenges as well as opportunities and Frank Laferierre, COO of Mandevill Private Client Inc, speaking at the 2022 Mandeville Advisor Conference in Banff, Alberta, believes there are three main paradigms in flux: demographic change; the technology explosion and the onset of web 3.0; and ongoing regulatory changes.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Confidence in the Canadian economy has fallen significantly among businesses according to the people who manage their finances.
- Homeowners with variable-rate mortgages may be squeezed even more next week, according to mortgage brokers.
- Sharp declines await US stocks in the first half of 2023 against the backdrop of a mild recession and Fed rate hikes, say JPMorgan strategists.
- The way that the Canadian government treats lower-income families who want to improve their finances is unfair says a new report.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: CRA seeks to recoup billions in questionable COVID-19 relief payouts; Tough questions ahead in financial planning industry’s tech journey; and how one female financial advisor forged a new beginning.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s latest economic growth data showed signs of softening, but there are still positives to take from the stats.
- Despite some concerning outlooks for the Canadian housing market in the coming months, most people remain positive about investing in residential real estate.
- According to recent Research Co. research, a staggering 50% of Canadians claimed that financial worries make it difficult for them to sleep each night.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: private credit managers still looking forward to 2023; charitable contributions may decline because of ESG-driven philanthropy; and product manager Donna Bristow describes Broadridge’s innovative and flexible wealth management platform.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- HSBC has agreed to sell its HSBC Canadian business to RBC for a base cash consideration of $13.5 billion.
- While some homeowners could see the value of their asset slump by almost a third according to some analysts, one cohort will be largely immune.
- Most Canadians (61%) think there are obstacles that prevent them from feeling in control of their finances, according to a new study from Interac.
- In fact, nearly eight in 10 family business owners are developing a succession plan or expecting to transition the business to the ‘next gen’ within three years, according to research from KPMG in Canada.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: as market turbulence hits profits, Canadian banks seek loan growth; Are longevity fund solutions going to change the retirement income game? and ‘We have to let go of the concept that we can have it all,’ says an industry leader.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Wherever there is the potential to make a fast buck, scammers will be lurking – and that includes major sporting events.
- A survey of market experts predicts once-hot Canadian house prices to drop a total of 17.5% from their high, about double the decrease during the 2008–2009 financial crisis, in a downturn that is already well begun.
- Continuing negative economic conditions are likely to result in a challenging year for asset managers in 2023, although those focused on alternatives will be most resilient.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: what could investors expect from the next bull market, according to AGF’s CEO; global investment gets easier for Canadians with new CDRs; and the SVP of Group Retirement Services at Sun Life discusses key trends and solutions.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- A new white paper sets out some key actions that should be taken to boost the financial wellness of Canadians in retirement.
- The Canadian Securities Administrators (CSA) has officially declared its recognition of the New Self-Regulatory Organization of Canada (New SRO).
- Manulife Financial Corp. is eliminating about 50 jobs in the US and Canada as part of a plan to outsource some real estate operations and focus more on investing.
- Putting financial pressure on executives at large companies to achieve ESG outcomes is a growing trend that is set to endure.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: despite a Q3 lull, venture capital activity remains above the historical average; Small businesses head into the holidays with record-low confidence; and asking ‘why?’ to learn people’s values will help more accurately position your business.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Wealthy Canadians may not have the same immediate challenges from the current economic environment as those less well-off, but the impact is real.
- Canadians are seeing the cost of servicing their debts rise as everything from mortgages to personal loans are impacted by the Bank of Canada’s rate hikes.
- Warren Buffett donated Berkshire Hathaway Inc. stock valued at more than $758 million to charities, including one named after his late wife.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: the responsible investment industry is in the midst of remarkable evolution; BC to target a source of luxury wealth in money laundering crackdown; and is it the right time for enhanced ETFs?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s economy recorded a flurry of activity last month, according to preliminary data, potentially casting doubt over the extent of an expected slowdown in the fourth quarter.
- Investors continued their exodus from Canadian mutual funds in October, while boosting their holdings in exchange-traded funds (ETFs).
- How do current and recent provincial premiers shape up against each other for their fiscal management?
- Most Canadians prefer to invest their money in the stock market, new survey reveals.
- Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadians who invested in cannabis suffer huge losses; unpacking the current growth prospects in the alternatives space; and how advisors can help business clients become ESG leaders.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s house prices are continuing their downward journey and have a lot further to fall according to a leading index.
- Smith Financial, the family holding company of First National Financial Corp. co-founder Stephen Smith, has made a $1.7 billion bid to acquire mortgage lender Home Capital.
- The world could face a diesel shortage in a significant blow to economic growth.
- Clients are demanding more from their financial services providers and want their customer experience journey to be more joined up.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Stock options donated to charity are taxable income, Canada’s top court rules; more than $1 billion in pandemic-related benefit repayments are still due; and most Canadians want more education on financial fraud and cybersecurity awareness according to a Scotiabank poll.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Foreign investors have retreated from Canadian securities in their biggest pull-back since December 2018.
- According to a report from Bloomberg, the survey of 179 North American family offices showed private equity outperforming all other investments.
- With little more than a month until the end of a volatile and uncertain year for investors, hopes of a brighter 2023 are growing.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: the Government of Canada decides to stop issuing real return bonds despite investors’ need; don’t wait for the season to do tax-loss harvesting, says a veteran investment advisor; and are we nearing the end of ESG’s growing pains?
Michael Lee-Chin, President and Chairman of Portland Holdings Limited., and CEO and Chairman of its investment dealer, Mandeville Private Client Inc., has signed a memorandum of understanding (MOU) with Canadian Nuclear Laboratories (CNL) to collaborate in the development of health sciences, clean energy, and environmental responsibility. He explains the significance of the partnership to WP – and how Mandeville advisors and end clients will benefit. This video was produced in partnership with Mandeville Private Client Inc.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- What influence do platforms such as Robinhood have on retail investors and does the ‘gamification’ of investing have implications for investor protection? The OSC has been finding out.
- A new joint survey by FP Canada and Angus Reid Forum explores the impact of a frequently overlooked area of spending - unconscious spending habits - on Canadians' financial lives.
- Investors have long been calling for greater insights into ESG factors in the companies they may choose to invest in – and corporate finance professionals agree.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: iA Private Wealth unveils its US RIA firm; Most Canadians are still at post-pandemic risk with no wills or powers of attorney; and wedding wine and asset management has been a rewarding journey, says an industry veteran.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s financial services are facing higher costs from fraud, as the threat of more complex and frequent activity intensifies.
- Three quarters of institutional investors feel that their alternative asset managers have met or exceeded performance expectations during a challenging and volatile market period.
- A new study from Edward Jones Canada sheds fresh light on the financial realities faced by young people across the country.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: How to help clients build financial resilience to deal with still-rising inflation; why sustainable funds’ near-term challenges shouldn’t shake ESG believers; and investments in leveraged ETFs reach historic levels.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- US equity futures erased gains as a rocket strike inside the Polish border kept investors jittery about the prospect for escalation in the Russia-Ukraine war.
- A 1.2% decline in Canada’s national home price in October may not be the news homeowners and real estate investors want to see, but there are some positive signs for the housing market.
- Canadians’ ability to make their own economic decisions about what to buy, where to work and whether to start a business, has taken a hit in recent years.
- While Canadians are facing increased risks to their financial stability in retirement, a new report from Fidelity Investments finds that those who have written financial plans feel more prepared for retirement than those who don't
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Will new CPI numbers show ‘immaculate disinflation’ with price drops? Why the post-recession era could ring in shorter, sharper, more volatile cycles; and debt and inflation dampen Canadians’ holiday spirit.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Thematic investments could be shaped by some key trends in 2023 according to a new report from BlackRock.
- A wealth professional with a quarter of a century of asset management experience has been promoted to a global role at Sun Life.
- The co-head of global research at JPMorgan Chase & Co. and the most vocal bull on Wall Street, took another step in backing off the bullish stocks call that he had maintained throughout much of the market’s rout this year.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Investors should ‘look through the valley’ of near-term volatility, says Harvest Portfolios CIO; reaction to the FTX exchange blow-up; and why financial advisors recommend sustainable funds despite greenwashing concerns.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Unpredictable and widespread events that impact the stock market may not be common, but the risk is always present.
- There’s strong growth ahead for the global wealth management market according to a new report – and human advisors are key.
- A new survey from alternative investments fintech Dynamo Solutions sheds light on the attitudes, predictions and strategic plans that could shape the landscape for asset allocators and limited partners over the next 12 months.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Renewed call to tax the rich resounds in COP27; Dividend stocks have trounced the market; and ESG marketing or ESG rating: which matters more for funds?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The Bank of Canada left the door open to further slowing of the pace of interest rate hikes, while warning the labour market faces an uneven adjustment to higher borrowing costs.
- The ability to access real-time market data (RTMD) on orders and trades in Canadian equity securities could be improved by new regulation.
- Individuals who work with financial professionals are more optimistic than those who don't.
- Even as budgets were being squeezed by inflation and rising interest rates, there remains demand in the housing market, but who are the typical Canadian homebuyers?
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: why 20% of advisors are talking to their clients about ESG; demand for ‘risk-on’ assets drives boom in ETF flows; and are your clients getting caught in the ‘interest rate trap’ of GICs?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- There are fewer people in the world with net worth of at least US$30 million in the first half of 2022 than there were a year earlier.
- Canadians are increasingly concerned about the finances, but it’s not necessarily young people who are feeling the pressure the most.
- Allocators at public pensions, endowments and foundations, and family offices, are working harder than ever, but are not necessarily as productive.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: why the recession isn’t here yet, but is still coming in 2023; Picton Mahoney unveils an alternative core bond fund; and ‘Don’t get too caught up in the story of today,’ warns industry veteran.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Tough economic conditions are pushing more Canadians into insolvency according to new official figures.
- Providing care for children or dependent adults is not usually driven by money, but a new report shows the extent to which Canadians give up earning potential as a result.
- Higher temperatures and more extreme weather are likely to lower Canada’s real gross domestic product by 5.8% in 2100, assuming countries around the world fully meet their climate commitments.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: market volatility increases demand for financial planning; Dynamic Funds announces the launch of the Dynamic Active Discount Bond ETF; and Ask an advisor matchmaker: what makes a credible book buyer?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadians boosted fixed-term deposits (FTD) in the first half of 2022, smashing a three-year-old record.
- A new poll from Ontario’s financial services regulator sheds light on the way consumers in the province obtain financial advice – and how they may be misled as a result.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: why clients can no longer rely on their business being their retirement fund; Canadian banks mustering strength for major carbon-offset push; and are we are heading toward a golden age for alternatives?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The data from Statistics Canada will dim expectations of recession but also make things more complicated for the Bank of Canada’s (BoC) efforts to cool inflation.
- Investors should stay bullish on equities ahead of this week’s US midterm elections, according to Morgan Stanley’s Michael Wilson.
- Female portfolio managers have shown themselves to be superior asset protectors to their male counterparts throughout this year's market slump.
- Financial services firms need to innovate to keep one step ahead of growing competition from fintechs and firms outside the industry.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: after last week’s economic update, KPMG in Canada experts break down measures on affordability, tax on share buybacks, and more; even with the pandemic inequality drop Canada has a long way to go; and why even clients who may have saved enough to retire still need advisor reassurance.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- What were the key takeaways from Chrystia Freeland's announcement?
- Women retire with significantly less wealth than men report shows.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Canadian ETFs saw billions in net inflows in October; Fixed-income ESG indexes now outnumber equities ESG indexes; and why there’s no truth in: ‘Trust takes years to build, but seconds to destroy’
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Statistics Canada’s report highlights how historically-low interest rates have fuelled purchase of secondary dwellings for investment purposes in the last decade or so.
- The current economic and geopolitical conditions globally are not deterring venture capital (VC) firms from seeking investments.
- Quebecers now have access to the first-ever financial anxiety index that will track variations in economic stress over time.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: A bad year for Wall Street hasn’t stopped hundreds of billions in US ETF flows; Scotiabank names the new CEO of MD Financial Management; and how can the investment industry achieve ESG clarity?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Couples are almost certainly having regular conversations about the cost of living, but how do they manage their finances together?
- New research from the National Payroll Institute suggests businesses are also losing billions to their employees’ financial worries.
- TD Asset Management (TDAM) has this week launched a new alternative mutual fund.
- Canadian Western Bank is positioning itself to provide a differentiated experience for clients in the private wealth advisory space with a new national brand.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: CI Global Asset Management unveils new global fixed-income mandates; after shifting from the institutional to the retail space, a Rising Star advisor is making his mark; and why are investors piling billions into funds set for downgrade?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Losses in the equity markets have led to small returns for Canada’s defined benefit (DB) pension plans in the third quarter of 2022.
- For those aged 65 and older, paying bills is now a worry for most with 73% of respondents to a new Equifax poll in this age group expressing concern.
- The wealth industry needs to be bold if it’s going to find its footing to serve women, said one of the women leaders presenting at the Women in Wealth online summit on Dec. 6. REGISTER NOW.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why asset-allocation ETFs still play a central portfolio role; What earnings week results mean for tech stocks; and What are the five top challenges for financial advisors?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- It’s Halloween and it could be a scary 10 days ahead for investors with some key data from the US on the way.
- Canadian companies are leveraging the value of investor relations officers (IROs) and paying them well as a result.
- The growth of its wealth management and insurance operations have prompted Toronto-Dominion (TD) to change how it reports its financial results.
- Fraud spike could be ahead warns Equifax Canada report.
These stories in full at wealthprofessional.ca and in our newsletters, plus: The 'Great Reset' exposes gap in manager performance rankings; Harbourfront’s newly named SVP of Strategy and Advisor Services shares how the firm supports advisors to help future-proof their practices; and how one of Canada’s 100 most powerful women is paying it forward.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023.
- Management consultancy Kearney has identified an increasing number of ‘zombie companies’ that have been unable to meet their debt servicing commitments over the past three years through their current operating profit.
- Canadian adults generally score well on financial literacy with almost eight in ten saying they are confident in their abilities.
- Entries for Wealth Professional Canada’s Top 50 Advisors list will close TODAY, October 28. Enter Here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Amid onslaught of rate hikes, Canadians prepping for a tougher 2023; Young adults are more financially engaged than parents give credit for; and a football legend gives financial advisors a pep talk to go broader and deeper.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- RBC Economics commentary notes that Canadians are spending significantly less and are feeling less confident and rich.
- A pilot scheme in Ontario recognizes the range of investment experience held by those who may fall short of requirements for accredited investor status.
- A sharp decline is expected for Canadian consumer spending over the next few quarters as steadily rising interest rates percolate into higher costs of purchasing homes and other large-ticket items.
- Talk of recession is not dampening the expectations of Canada’s small and medium sized businesses.
- Are calls for the richest in our society to pay more tax – on the basis of fairness - borne out by the data?
- Entries for Wealth Professional Canada’s Top 50 Advisors list will close this Friday, October 28. Enter Here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: A smaller than expected interest rate hike brings opportunities for advisors; Bitcoin ETF tracker sees record losses in its first year; and does advice to ‘stay the course’ risk advisors’ credibility?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Retirement planning in Canada needs to embrace a broader range of options according to a new study.
- A pilot scheme in Ontario recognizes the range of investment experience held by those who may fall short of requirements for accredited investor status.
- Despite the fact that they are frequently written off as gimmicky fads, niche thematic funds are proven to be more robust than more mainstream funds.
- Entries for Wealth Professional Canada’s Top 50 Advisors list will close this Friday, October 28. Enter Here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Chinese congress shows it’s still a good time to invest in this emerging market; Hamilton Lane unveils a senior private credit fund; and who are Wealth Professional’s Rising Stars 2022?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Current challenging times for the markets has seen an eyewatering reduction in the assets of Canadian mutual funds and exchange-traded funds (ETFs).
- A new poll conducted by Ipsos for MNP LTD, Canada’s largest insolvency firm, has found that six in ten (59%) are worried about the impact of rising interest rates on their financial status.
- Canadian firms hoping for investment from venture capital (VC) are likely to find conditions more challenging as the year heads to a close.
- Entries for Wealth Professional Canada’s Top 50 Advisors list will close this Friday, October 28. Enter Here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why the two-year U.S. Treasury yield is an indicator to watch; Is ESG working? There’s no data to tell, says a premiere university; and how one international advisor found her home in the wealth space.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The current volatility in the global equity and bond markets are driving financial advisors to seek other options for their clients.
- With Asset owners still trying to decide on an adequate replacement for the 60-40 portfolio, Singapore's government wealth fund GIC and MSCI have put out one potential resolution.
- Canadian consumers are tightening their belts but will find the money necessary to celebrate the holidays.
- A crackdown by the SEC and other watchdogs who have been investigating crypto’s naughtiest companies is proving to be a boon for the industry
These stories in full at wealthprofessional.ca and in our newsletters, plus: What fresh-faced financial advisors bring to the table; younger investors are engaged in investing and willing to pay for good advice; and clients want personal conversations – but are advisors up to it?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Global wealth at the end of 2021 was estimated at around US$464 trillion and there’s a significant increase ahead according to Credit Suisse.
- There has been a significant decline in satisfaction among Canadian bank customers in recent months.
- Most Canadian small businesses are currently doing as well or better than they were two years ago after surviving the worst of the pandemic, according to Scotiabank's third annual Path to Impact Report.
These stories in full at wealthprofessional.ca and in our newsletters, plus: a coalition calls for action on Canada's complaint-handling system; ‘We’re seeing more people want to look at GIC rates,’ says one advisor; and helping advisors avoid the risk of quiet quitting.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- RBC takes top position in the 2022 Kantar BrandZ Top 40 Most Valuable Canadian Brands report.
- As recession fears hang thick and inflation burning at a level not seen in 30 years, new research from the Montreal Economic Institute (MEI) offers a glimpse into how taxes could be aggravating cost of living issues for Canadian families.
- A new global survey from UBS has found that around 40% of investors do not have a formal inheritance plan, mostly because of the complexity of dividing their wealth among intended beneficiaries.
- Even millionaires are worried about their capacity to retire comfortably in the future finds Natixis IM survey.
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Inflation rate’s slight drop ‘doesn’t mean anything yet,’ say advisors; the OSC looks at Canadians' understanding and ownership of crypto; and a report reveals the ways asset managers gain clients’ trust – and lose it easily.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- New data from Statistics Canada shows a continued divestment of foreign securities by Canadian investors.
- As recession fears hang thick and inflation burning at a level not seen in 30 years, new research from the Montreal Economic Institute (MEI) offers a glimpse into how taxes could be aggravating cost of living issues for Canadian families.
- While it might not sit comfortably with investors who have, or are building, an ethical portfolio, but defence stocks are gaining interest according to a new study.
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: FP Canada and IQPF to explore tech’s impact on financial planning; how to tweak ETF portfolios to be more defensive; and paying back CEBA loans unlocks much-needed capital for small businesses.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadians have an increasingly negative view of the economy, and most are expecting recession according to the latest data from the Bank of Canada.
- While Musk, Bezos, Zuckerberg, and Gates are the names most people would name as the wealthiest on the planet, they are outnumbered almost 10-1 by a growing cohort of super-rich with significant power and influence.
- The sentiment on stocks and global growth among fund managers surveyed by Bank of America Corp. shows full capitulation, opening the way to an equities rally in 2023.
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Wall Street is facing its worst credit trading year in a decade; ‘People want to check in, so don’t wait for them to call you,’ says veteran advisor; and more Canadians are to access an innovative retirement solution through a best-in-class DC plan platform.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- RBC has agreed to sell the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence.
- Real estate investors are facing pressure from rising interest rates with some markets posing elevated risk according to UBS Global Wealth Management's Chief Investment Office.
- US stocks and bonds will lead the way out of the current wave of market turmoil, according to respondents in the latest MLIV Pulse survey.
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: More than half of Canadians say their incomes aren’t keeping up with inflation; IIROC’s proficiency initiative is a challenge for education providers; and which factors outperform during recessions?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Coinsquare has become the first crypto dealer and marketplace to be registered with the Investment Industry Regulatory Organization of Canada (IIROC).
- Canada’s national housing agency forecasts a big drop in housing prices as the economy enters a “modest recession” by the end of the year.
- Growing interest in private markets has made the decision of whether wealth managers should offer access to their clients a simple one.
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: How model portfolios can free-up advisors' time; a call to action on Canadian wealth tech adoption; and Russell Investments announces proposed introductions of tax-managed objectives for four funds.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Despite a concern about economic slowdown, Canada’s small and medium sized businesses are feeling resilient.
- Canadian home prices continue to ease as tougher conditions weigh on would-be homebuyers.
- Canadian snowbirds are finding it harder to enjoy Florida paradise amid fierce competition in the rental and homeownership markets.
- Being bad with money isn’t genetic, but that doesn’t mean it won’t get passed down the generations.
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: ‘We are in a bunch of holding patterns’, says Invesco’s chief strategist; Vanguard is shuttering a US ETF for the first time; and women advisors must still sidestep men who want to be more than clients.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- While the Canadian system is stable and among the top third of the systems ranked, it is beaten by 12 countries including Australia, the UK, Norway, Israel, and Uruguay.
- An attacker has spirited away about US$100 million from decentralized finance provider Mango.
- Young investors say that relying on traditional stocks and bonds is not the way to build wealth.
- A 73% majority of wealth managers worldwide are either invested in illiquid assets or are considering doing so in the upcoming year
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: How to position portfolios if inflation is turning the corner; How to help clients considering if they should be Alberta-bound; and new research gives a sneak peek into which celebrities have done best after joining the VC circle.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s Ombudsman for Banking Services and Investments (OBSI) is a step closer to gaining stronger capabilities for complaints handling.
- Institutional investors are set to significantly increase the share of their assets under management (AUM) that are ESG-related.
- Goldman Sachs Group Inc. analysts say it’s “too early” to price in a dovish turn in Federal Reserve policy
- Wealth Professional Canada wants to ring in the new year by highlighting the wealth management industry’s premier talent. Entries are now open for the 10th annual Top 50 Advisors ranking. Enter here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why most young people shouldn't set money aside for their retirement; What supply chain shifts will mean for global investors; and how can advisors help clients through stressful economic times?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Sustainable investment (SI) is now a dominant force in portfolios across the globe with allocations surpassing public equity in 2022.
- Investors poured the most money into cash since April 2020 on fears of a looming recession, but stocks could see further declines as they don’t fully reflect that risk, say Bank of America Corp. strategists.
- Canadians are spending more on their cards than pre-pandemic according to a new report from RBC..
These stories in full at wealthprofessional.ca and in our newsletters, plus: Global bond funds saw their worst downturn since at least 1990; NEI Investments and Invesco Canada enter a strategic collaboration; and in our new Other Life feature: an RBC portfolio manager discovered his Ride to Conquer Cancer passion.
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.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Fixed income saw strong demand from Canadian exchange-traded fund (ETF) investors in September.
- Hiring and digital transformation are on hold for many Canadian businesses as recession fears grow.
- A recent survey from the advisory and accounting firm EisnerAmper revealed that problems with inflation and the recession will continue to affect the alternative investment sector.
- Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: ‘Recession is unavoidable’: portfolios should stay the course says an advisor; Tech stock shocks put ETF investors' concentration risk to the test; and expanded fitness-tracking program widens business opportunities for advisor.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The Investment Funds Institute of Canada (IFIC) has released the findings of its annual Canadian Mutual Fund and Exchange-Traded Fund (ETF) Investor Survey for 2022.
- Canada’s defined benefit pension plans remain strong, but their health has suffered a slight dip in the third quarter of 2022.
- The continuous interest rate increases and persistent inflation that have defined 2022 have turned from a potential risk to a clear and present danger to Canadians’ personal finances.
- Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Advisors must ‘get curious’ about young clients’ different relationship to money; Collaboration brings a digital-first approach of retail trust services to Canadians; and how has Canada’s decades-old gender pension gap changed?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Two Canadian software engineers working for a newswire company have been charged with insider trading in Canada and the US.
- One of Wall Street’s biggest equity bears, says a Federal Reserve pivot to dovishness is becoming likely amid falling money supply, but such a move won’t allay concerns about earnings.
- Those who consider themselves to be experts in investing are more likely to see sustainable investing as the key to driving long-term returns compared to those less knowledgeable.
- Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Advisors help young entrepreneurs launch businesses better than a robo-advisor; Should tech investors be looking beyond near-term market challenges? and what changes should investors expect from the Web3 economy?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canada’s national housing agency plans to revamp its forecasts with a potential drop of 15% in home prices by the middle of next year.
- MFDA and IIROC members approve single SRO.
- Oversold equity market sentiment means that a lot of the bad news is already priced in and there are better times ahead according to Russell Investments.
- More than half of Canadians (54%) say they are now living paycheque to paycheque as the cost-of-living crisis continues to squeeze budgets.
- In a recent survey conducted by Equifax Canada, 82% of small business owners said they wanted the government to do more to combat inflation.
- Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: PEAK Financial partners with Willful to empower advisors; Fidelity expands its shelf offerings with two new options for investors; and in the first of a new series called Other Life, the CEO of the NEO Exchange launches Bay Street Rides FAR for autism research.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The likelihood of global recession has increased despite the expectation that inflation will ease in 2023.
- Nine in ten Canadians are now reducing their spending including a quarter who are cutting back on retirement savings.
- Wealth Professional’s upcoming Advisor Connect event, titled “ESG Investing - Are we making progress?” will be held on October 6. Sign up here.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Ontario’s title protection framework is an ‘unfulfilled promise’ says an investor advocate; Private equity losses loom for pension plans; and which celeb investors have topped the VC charts?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Homeowners and real estate investors should be prepared for some challenging conditions in the coming months.
- Giving investors better and faster access to key information about funds is the goal of a new proposal from the Canadian Securities Administrators (CSA).
- As inflation puts the pinch on Canadians’ purchasing power, new research has revealed an increasing trend of buyers making mindful decisions and making every dollar count.
These stories in full at wealthprofessional.ca and in our newsletters, plus: CI Global Asset Management adds ESG and commodities mandates to offerings; Recession risk turns Goldman, BlackRock off to stocks; Are advisors asking their clients the right questions?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The worst bond selloff in decades is seeing few signs of ending, Bloomberg data reveals.
- Global institutional investors are shifting towards factor-based strategies to navigate the choppy waters of the current market environment.
- Purpose Advisor Solutions is partnering with a new wealth firm that is using Nobel Prize winning science to modernize the Canadian wealth management sector.
- One of Canada’s leading insurance and financial services co-operatives has launched a new sustainable investment product for retail investors.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why Canada’s first multi-commodity ETF is ‘far, far overdue’; Mature managers dominate the SMA landscape, snapshot report reveals; and Are fools rushing into the most popular ETFs?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Global markets are reacting the the UK government's latest tax plans and energy-crisis support - and they aren't happy!
- The divergence between Canadian mutual funds and exchange-traded funds (ETFs) escalated in August.
- Taxes are taking a larger share of Canadian family income than essential living costs according to a new study.
- The global economy will expand just 2.2% in 2023, the OECD said Monday.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Almost two-thirds of Canadians aren’t including mortgage payments in budgets; Lack of transparency likely a dealbreaker for private equity investors; and WP’s 5-Star Wealth Technology Providers 2022 have been revealed.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The doom and gloom of rate hikes, inflation, and recession is weighing on the confidence of Canadian investors.
- Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America strategists.
- Canadian employers are expecting to increase compensation budgets in 2023 compared to previous years says Mercer.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why you should start preparing clients RRSP season as fall starts; Evolve unveils global real estate fund; and How to pick ETFs during these turbulent, inflationary times.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- More than half of respondents to a new poll from Edward Jones who are aged 18-34 said they need an inheritance or windfall to reach their financial goals.
- The Canadian housing market has its ups and downs but the affordability issues in many markets are keeping more people on the sidelines.
- Two-thirds of Canadian small businesses want the federal government to concentrate on lowering the overall tax burden
These stories in full at wealthprofessional.ca and in our newsletters, plus: Active managers on pace for best showing in 13 years; Manulife and Sun Life slammed for slow action on climate plans; and is the Fed raising rates so fast that it’s steering into a recession?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian house prices continue to be a concern for those already in the market, with a new record drop set last month for a key trend measure.
- Working Canadians are feeling the first drops of what could be an impending storm of financial stress, according to a new study.
- With prices rising faster than wages, many Canadians are looking at how they can bring in extra income through a business venture.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why the BoC is at a crossroads on rate policy; August CPI a welcome win in Bank of Canada’s inflation fight; and Ontario advisor David Little on why Canadians are retiring overseas.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Milestone, expansion, and rewritten rules were among the highlights for the Investment Industry Regulatory Organization of Canada (IIROC) in the past year.
- Norway’s $1.2 trillion sovereign wealth fund will require the companies it invests in to reach net-zero emissions by 2050 at the latest.
- As it prepares for additional interest rate increases, the Canadian stock market continues to be volatile, presenting a chance to purchase dividend and growth stocks at a discount.
- Commercial real estate investors should brace for a tougher year ahead according to a new report.
These stories in full at wealthprofessional.ca and in our newsletters, plus: ‘It’s up to advisors to democratize financial wellness’, says one leader; an Alberta credit counsellor speaks out on mounting financial struggles for the elderly; and why gold doesn’t have its 2020 shine.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Rising inflation is putting downward pressure on Canadians’ financial wellbeing, which was already declining due to the pandemic.
- Foreign investors resumed their interest in Canadian bonds in July, buying almost $15 billion worth following a divestment of almost $18 billion in June.
- Raven Indigenous Capital Partners, North America's only Indigenous-led and owned venture capital intermediary, has launched its second fund.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Homebuyers are ‘feeling the heat’ as home prices drop 14%; Health care could take the next bull market by the horns; and how Non-royals can pre-plan their estates to minimize their inheritance taxes.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Institutional investors including several from Canada have joined forces to push governments to do more on climate change policy.
- Foreign-exchange markets took a risk-averse turn Thursday, sending the Canadian dollar to its weakest against the greenback in almost two years.
- Although Canadian consumers are generally happy with their credit cards, they are using them less frequently and turning to alternatives like buy now, pay later (BNPL) and personal loans.
- The rise of exchange-traded funds (ETFs) is expected to continue unabated as research shows that younger investors are big fans.
These stories in full at wealthprofessional.ca and in our newsletters, plus: BoC’s commitment to hitting its inflation target will require short-circuiting a vicious spiral says Desjardins; are we nearing the point where banks can take their foot off the brake? and why are unmarried women less confident in their retirement?
Lori Pinkowski does not waste any time. Spurred on by enterprising parents and inspired by her Oma, she interned at Canaccord Genuity Wealth Management at 15 and was a licensed advisor at just 22. She has since gone on to establish a hugely successful practice in Vancouver. In this edition of WP Talk, she talks about her ethical approach and why she likes to know everything about her clients down to the names of their pets.
The comments and opinions expressed in this podcast are the results of work done by Lori Pinkowski. They may differ from the opinion of Canaccord Genuity’s Research, and should not be considered as representative of Canaccord’s beliefs, opinions, or recommendations. All views expressed in this podcast are provided for informational purposes only and do not constitute an offer or solicitation to buy or sell any securities.
CANACCORD GENUITY WEALTH MANAGEMENT IS A DIVISION OF CANACCORD GENUITY CORP., MEMBER OF THE CIPF AND IIROC
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Over 90% of the world’s largest companies will have at least one asset financially-exposed to climate risks such as wildfires or floods by the 2050s.
- The marriage of technology and financial services is a huge opportunity for financial institutions, if they embrace it quickly enough.
- Purpose Investments has introduced a new fund to expand its portfolio of market-beating cash solutions.
- Ethereum Merge - crypto's most ambitious upgrade so far - appears to be a success.
These stories in full at wealthprofessional.ca and in our newsletters, plus: ESG funds panned as signs of ‘woke capitalism’; Inside Guardian Capital’s one-two solution to the thorny problem of retirement; and a new study slams selective taxation of the wealthy, pointing to long-term indirect effects and external costs.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The big life milestones are being delayed by Canadians who feel their current financial status is inadequate.
- When did you last mention to a client about an ‘inflation hedge’ or refer to an investment as being ‘less volatile than equities?’
- A new Return-to-Office Survey by the Portfolio Management Association of Canada (PMAC) is shedding new light on the continually evolving conversation around post-pandemic work policies in the Canadian financial space.
These stories in full at wealthprofessional.ca and in our newsletters, plus: how Raymond James is helping frightened cross-border clients; U.S. inflation report was ‘worst-case scenario’, says an economist; and How pre-authorized contributions can help younger clients.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- A new analysis of the best countries for retirement suggests that things have worsened for Canada’s retirees with 14 options that might be better.
- Toronto is among the global elite for having an oversized population of millionaires according to a new report.
- With the passing of Queen Elizabeth II, King Charles III will inherit a massive trove of wealth, including her personal fortune and the royal estate.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Franklin Templeton flexes its fixed-income muscle with a new ETF; Latest NEO Connect listing opens up a world of VC opportunities; and is there a ‘silver bullet’ indicator for a broad market decline?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Last year was record-breaking for investment in the Canadian fintech sector, but things have cooled significantly.
- A project sponsored by Scotiabank, LexisNexis Risk Solutions, and others is helping to crack down on the sexual exploitation of children.
- People may become less interested in spending money on various activities as their health deteriorates, they become widowed, or they get older.
These stories in full at wealthprofessional.ca and in our newsletters, plus: A former BoC governor tells WP about The ‘profound moment’ when G20 leaders realized the seriousness of COVID; How Edward Jones empowers women in pursuit of work-life balance; and are Canadian wealth advisors ready for new mandatory disclosure rules?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The head of Canada’s main banking-industry regulator won’t bow to pressure to loosen mortgage-underwriting standards in response to rising interest rates that are boosting homebuying costs.
- Whether or not to ban upfront compensation paid for the sale and servicing of segregated funds and individual insurance contracts (IVICs) is now an open conversation.
- Bank of Nova Scotia and Bank of Montreal are the best-looking buys, according to an analyst who tracks Canada's Big Six lenders
- The regulations and high taxation imposed by federal and provincial governments mean Canada remains outside the elite nations for economic freedom.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Seven in 10 small business owners expect pain from latest BoC rate hike; Mackenzie Investments unveils new funds; and how have the KYP CFRs reshaped the Canadian fund landscape?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadians have a high level of financial literacy but there are still significant gaps in what they know about investing
- Researchers from the Montreal Economic Institute are questioning the accuracy of Statistics Canada's official CPI metrics.
- With more than one million students enrolled in Canadian universities each year, how much are the current cohort paying for their education?
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why investors should brace for Bank of Canada’s ‘heavy lifting’; data shows most doctors’ finances were pinched, but the top earners were fine in year one of COVID; and a new awards ceremony represents a way to celebrate giving in the wealth industry
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian consumers borrowed more in the second quarter of 2022, taking total debt to a new all-time high.
- Global stocks are on pace for their worst run since the European debt crisis a decade ago and Goldman Sachs strategists are among those warning that more selling is possible.
- Global investors appear to be building up their cryptocurrency assets ahead of the next bull run according to a new survey.
These stories in full at wealthprofessional.ca and in our newsletters, plus: AGF’s CEO warns that stock market investors may be overlooking the potential fallout of continued Fed hawkishness; Hamilton ETFs unveils enhanced utilities ETF; and it’s the last day to register for WP’s Advisor Connect session on ETFs – it’s FREE
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Speculation about interest rate hikes in Canada and around the world remains heightened, but are even bigger increases ahead?
- Investors in Canadian exchange-traded funds (ETFs) changed direction in August, preferring equities to fixed income according to new figures from National Bank of Canada (NBC).
- Birth orders will always have its stereotypes, but new research on has recently surfaced in the field of investment behaviour and found “economically meaningful” results.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Why integration should matter for tech-focused wealth firms says the CEO of FutureVault; Non-profit investors adopt a pro-risk view despite market uncertainty; and why a common-law breakup could leave you financially worse than a divorce.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Toronto home prices fell for a fifth straight month, the longest downturn since 2017
- Sun Life has announced a majority stake in a US independent retail distribution firm to enable an expansion of its operations south of the border.
- A second review of Canada’s banking and investment ombudsman service includes a renewed call for greater autonomy in its decisions.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Canada’s tax code is riddled with credits, deductions, and transfers, says a tax expert; Are high-interest savings ETFs a must-have in the advisor toolbox? and Desjardins Investments makes changes to its fund shelf.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Rogers Communications Inc. succeeded in extending a deadline to buy back $9.33 billion of bonds, overcoming objections from some investors about terms of the deal.
- Canadians may want to make sustainable choices, but the cost-of-living crisis means that price points may make this unachievable according to a new report from EY.
- The metaverse has the potential to be a huge investment opportunity, but there is also the potential for huge risks according to securities regulators.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Evolve debuts U.S. high-interest savings account fund; Portfolio Strategies Corporation inks KYP partnership with Equisoft; Is it time to consider investing in EM local currency debt?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian banks were adjusting to tougher market conditions in the third quarter of 2022, with earnings impacted according to Fitch.
- Canada’s businesses are walking a tightrope between paying their staff more while facing increasing inflationary pressures.
- IPOs globally have slumped by more than two-thirds in 2022 but in Asia, stock listings have notched their second-highest August haul on record.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Say goodbye to the TINA reality, says money manager; TD Asset Management opens a new door into carbon-credit market; and How the Russia-Ukraine conflict has created a new inflationary regime.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Canadian homeowners should brace for a correction that could wipe-off a quarter of their home’s value.
- A significant portion of Canadians can more potentially manage their cashflow more effectively by including mortgage payments in their monthly budgeting.
- Four men have been charged for their alleged involvement in a multi-million-dollar fraud.
These stories in full at wealthprofessional.ca and in our newsletters, plus: How advisors can help families tackle rising back-to-school costs; Research finds mutual fund disclosures are overly complicated; Could SEC loophole let fund firms game their performance?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Markets react to the Fed chair Jerome Powell's speech at the Jackson Hole conference which signalled more rate hikes ahead.
- Billionaires are a rare breed with just 3,311 globally according to recent data. But what do people think of them?
- ESG strategies that are most likely to draw investor capital are not always the ones that are greatest at addressing the risks, but rather the ones that are the least expensive.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Big Six banks are bracing for a negative credit cycle; Ninepoint hikes monthly distribution for its energy income fund; and Wealth Professional recognizes the investment managers that are hitting all the right notes for advisors across Canada
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Only one in six Canadians believe their earnings are keeping up with inflation, and two-thirds believe it will continue to rise for at least another year.
- Canadian commercial real estate (CRE) investors continue to face a two-tier market as some segments remain strong while others lag according to a new report.
Wealth Professional, in our next WP Advisor Connect, will look at the trends in its “Disruption, Innovation & Opportunities: The Future of ETFs” roundtable on September 8, with a panel of four ETF industry leaders. SIGN UP HERE.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Credit losses cause net incomes to drop at two of Canada’s largest banks; Canadian investors seeking overseas exposure face some inconvenient truths, says a global equities expert; and Why do advisors and investors continue to ramp up their ETF usage?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Wealth managers are failing to engage retail investors in conversation on ESG and responsible investment
- Institutional investors in alternative assets are in no mood to take risks, especially with VC and PE
These stories in full at wealthprofessional.ca and in our newsletters, plus: How creating more innovative portfolios can help you weather the storm; Why China’s dragon economy could still be set to roar; What’s the best step clients can take for loved ones when they die?
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- The growing part that cryptocurrencies will play in the world is not lost on millions of seasoned investors, who may include cryptos in retirement plans
- Hedge funds ramped up bets on megacap US tech stocks and whittled down overall holdings to focus on favoured names last quarter says Goldman Sachs
Wealth Professional, in our next WP Advisor Connect, will look at the trends in its “Disruption, Innovation & Opportunities: The Future of ETFs” roundtable on September 8, with a panel of four ETF industry leaders. SIGN UP HERE.
These stories in full at wealthprofessional.ca and in our newsletters, plus: a Big Six bank sees something ‘really wrong’ about inflation data; How high will hawkish Fed push interest rates in the next year? And BlackRock pushes back against watchdog’s ESG disclosure proposals
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
- Rogers asks bondholders to approve extension for Shaw deal
- Investing in exchange-traded funds (ETFs) tied to burgeoning sectors such as cryptos, cannabis, or work-from-home may bring disappointment
- NFT transactions are projected to see a significant surge according to a new report
These stories in full at wealthprofessional.ca and in our newsletters, plus: active ETFs continue to flourish, Harvesting tax losses may encourage the use of ESG ETFs, and Hedge funds make big bet on hawkish Fed.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including: Stocks and bonds are set to tumble once more even though inflation has likely peaked, according to the latest MLIV Pulse survey; and a new report from consulting firm RR Donnelley & Sons Company (RRD) highlights the trends that will be advancing financial services through to the end of the year.
Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including: Young investors plan to retire earlier but are they kidding themselves? Canadian business insolvencies are rising but what issues are firms facing?
Join us for a FREE industry webinar on portfolio rebalancing with Croesus’ Matthieu Cardinal, vice president of business development and strategic partnerships, and Michael Blicker, senior product manager. SIGN UP HERE.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: CDPQ reports 6-month returns that outperformed its benchmark portfolios; and does negative ESG screening really hurt sin-stock companies?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: monthly Bank of America fund manager survey reveals better expectations for global growth and profit expectations; Canadian parents are having 'the money talk' with their kids; and consumers are cutting back spending amid a renewed focus on environmental matters.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: monthly Bank of America fund manager survey reveals better expectations for global growth and profit expectations; Canadian parents are having 'the money talk' with their kids; and consumers are cutting back spending amid a renewed focus on environmental matters.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: CSA tells crypto trading platforms to play by the rules; Canadian manufacturing sales decline; and hedge funds turn bearish on US dollar.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: CSA tells crypto trading platforms to play by the rules; Canadian manufacturing sales decline; and hedge funds turn bearish on US dollar.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Wall Street strategists divided on direction of travel for US equities; Gen X more concerned about economy and personal finances; and could tax change harm those Canadians buying greener vehicles?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Wall Street strategists divided on direction of travel for US equities; Gen X more concerned about economy and personal finances; and could tax change harm those Canadians buying greener vehicles?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Buying a lottery ticket or a wager on the NHL is something that many Canadians enjoy, but when does gambling become a risk? A major power failure in downtown Toronto left parts of the city’s financial district without electricity for hours on Thursday, affecting about 10,000 customers at its peak.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Buying a lottery ticket or a wager on the NHL is something that many Canadians enjoy, but when does gambling become a risk? A major power failure in downtown Toronto left parts of the city’s financial district without electricity for hours on Thursday, affecting about 10,000 customers at its peak.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Not-for-profit institutional investors see private market opportunities as key to achieving their goals; Canadians are not about to sit back and watch the debts pile up as the cost-of-living crisis intensifies; SEC to demand more from hedge funds; and Horizons ETFs launches new utilities fund.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Not-for-profit institutional investors see private market opportunities as key to achieving their goals; Canadians are not about to sit back and watch the debts pile up as the cost-of-living crisis intensifies; SEC to demand more from hedge funds; and Horizons ETFs launches new utilities fund.
Are clients transitioning from the baby boomer mentality of high achievement to a more 1960s hippy-like vibe? What is true is that many people are reassessing their work-life balance in the wake of the pandemic. But according to David Little, senior investment advisor at Blue Oceans Private Wealth, iA Private Wealth Inc., many of these investors are rushing into retirement without a proper income plan.
ESG has never enjoyed such a high profile; green funds abound and the awareness of the Paris Agreement and net-zero targets have grown considerably among investors. In this WP Talk podcast, we chat with Andrew Simpson, portfolio manager and head of the Mackenzie Betterworld Team. He explains where the team sits within Mackenzie Investments, its sustainable investing philosophy, and how regulators should address the greenwashing issue. What’s next in the evolution of ESG investing?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: In its recently published Financial Stress Index, FP Canada offered a snapshot look at the types of money regrets Canadians are living with; and more than half of Canadians pay more attention to the weather than the details of what they have been paid, according to a new poll from Payments Canada.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: In its recently published Financial Stress Index, FP Canada offered a snapshot look at the types of money regrets Canadians are living with; and more than half of Canadians pay more attention to the weather than the details of what they have been paid, according to a new poll from Payments Canada.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The loonie is in favour for foreign currency traders, who are cautious about the US dollar’s mercurial surge this year; and how much does the average Canadian pay, through various taxes, for the public healthcare that most of us rely on throughout our lives?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The loonie is in favour for foreign currency traders, who are cautious about the US dollar’s mercurial surge this year; and how much does the average Canadian pay, through various taxes, for the public healthcare that most of us rely on throughout our lives?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: There was a jump in the number of Canadians working for themselves last month, but the overall number remains below the pre-pandemic norm; and Canadian corporate insolvency filings increased by more than 26% in the first half of 2022.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: There was a jump in the number of Canadians working for themselves last month, but the overall number remains below the pre-pandemic norm; and Canadian corporate insolvency filings increased by more than 26% in the first half of 2022.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Job security shouldn't be a major concern if a new outlook from Robert Half Canada is realised; and income disparity increased in the last year even though there were "broad-based increases" in wages and salaries.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Job security shouldn't be a major concern if a new outlook from Robert Half Canada is realised; and income disparity increased in the last year even though there were "broad-based increases" in wages and salaries.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: investors are withdrawing significant amounts from global theme funds as their interest in these assets, the majority of which are highly associated with economic growth, wanes; having friendships that cut across class lines can mean better financial outcomes for poorer children; and there's still time to make a nomination for WP's 5 Star Leading Women In Wealth.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: investors are withdrawing significant amounts from global theme funds as their interest in these assets, the majority of which are highly associated with economic growth, wanes; having friendships that cut across class lines can mean better financial outcomes for poorer children; and there's still time to make a nomination for WP's 5 Star Leading Women In Wealth.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Confidence in the Canadian economy among senior business leaders is slumping amid rising costs, supply chain issues, and other key factors; and Twitter has subpoenaed records from equity investors including a unit of Brookfield Asset Management over Elon Musk’s financing of the $44 billion buyout it sued him to complete.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Confidence in the Canadian economy among senior business leaders is slumping amid rising costs, supply chain issues, and other key factors; and Twitter has subpoenaed records from equity investors including a unit of Brookfield Asset Management over Elon Musk’s financing of the $44 billion buyout it sued him to complete.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian pension plans experienced negative returns in all public market asset classes during the past quarter; Legacy risk management systems are fragmented and hampering investment managers’ capabilities to respond to increasing volatility across global markets; and Canada's most heavily indebted consumers are feeling the pressure of rising mortgage rates, but it won’t be the same for the overall economy, according to one of Canada’s big banks.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian pension plans experienced negative returns in all public market asset classes during the past quarter; Legacy risk management systems are fragmented and hampering investment managers’ capabilities to respond to increasing volatility across global markets; and Canada's most heavily indebted consumers are feeling the pressure of rising mortgage rates, but it won’t be the same for the overall economy, according to one of Canada’s big banks.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Two Canadian provinces have decided to expand the self-certified investor prospectus exemption, allowing those investors who can show enhanced knowledge and understanding of the risks of investment, to invest alongside accredited investors; and Asset managers reported robust increase in ESG investment over the past year across asset classes and anticipate it will continue well into the future.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Two Canadian provinces have decided to expand the self-certified investor prospectus exemption, allowing those investors who can show enhanced knowledge and understanding of the risks of investment, to invest alongside accredited investors; and Asset managers reported robust increase in ESG investment over the past year across asset classes and anticipate it will continue well into the future.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A survey of family offices’ chief investment officers has found optimism for good things ahead; and a big 6 Canadian bank must reveal the real owners of 97 offshore businesses that used its services.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A survey of family offices’ chief investment officers has found optimism for good things ahead; and a big 6 Canadian bank must reveal the real owners of 97 offshore businesses that used its services.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Equity market volatility has resulted in a sharp decline in returns for Canada’s pension plan investments; and Wealth Professional Canada, in its second annual 5-Star Leading Women in Wealth showcase, is once again recognizing inspiring women who continue to excel and make an impact in the industry.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Equity market volatility has resulted in a sharp decline in returns for Canada’s pension plan investments; and Wealth Professional Canada, in its second annual 5-Star Leading Women in Wealth showcase, is once again recognizing inspiring women who continue to excel and make an impact in the industry.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians want to enjoy the summer, but the majority (80%) are worried about how rising prices will affect their capacity to do so this year, according to a new CIBC survey; and Financial services firms are investing in tech to help with data management, as a top priority towards driving efficiency.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians want to enjoy the summer, but the majority (80%) are worried about how rising prices will affect their capacity to do so this year, according to a new CIBC survey; and Financial services firms are investing in tech to help with data management, as a top priority towards driving efficiency.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BlackRock has doubled down on its commitment to ESG with a new product line that directly addresses the financial struggles of women; and Montreal-based due diligence specialists Castle Hall has signed up more than 100 global asset managers for the formal launch of its DiligenceExchange Transparency Reports.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BlackRock has doubled down on its commitment to ESG with a new product line that directly addresses the financial struggles of women; and Montreal-based due diligence specialists Castle Hall has signed up more than 100 global asset managers for the formal launch of its DiligenceExchange Transparency Reports.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: PSP Investments will have a new president and chief executive officer in September; and the first half of the year saw a nearly 30% decline in new business for exchange traded fund providers.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Natixis IM survey highlights risk of recession; and what are the big priorities for global asset managers right now?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Younger Canadians are more charitable when it comes to estate planning, says RBC Royal Trust; Canada’s angel investing community are increasingly active, with women participating more; and could you be among WP's 5-Star Leading Women in Wealth?
Christopher Dewdney is a wealth advisor passionate about helping clients and empowering minorities and people of colour. In this pod, WP Talk talks to him about what the industry needs to do to improve its diversity, how he nearly went into the world of fashion, and what issues are currently top of mind when managing clients’ money.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians want to age in place, but can they afford to? and values are playing an even greater part in financial and investing decisions says Charles Schwab survey.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: What value does a financial advisor add to a client's portfolio? Young Canadians are stressed about their finances; and BlackRock expects strong growth for bond ETFs.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians among outliers for global economic sentiment in WEF survey; Scotiabank gives further boost to women-owned and women-led entrepreneurs.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada could see $20bn GDP boost from metaverse; Canadian real estate prices set to fall says Oxford Analytics; Distrust among nations likely to increase inflation.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: a a seasoned analyst predicts a frenzy of dividend increases from Canada's banks; after two years of living ‘life-lite’ due to the pandemic, it’s no surprise that Canadians are ready to have a great summer this year; and the WP Awards are back 'in person' next month - register now at wpawards.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian retirement plans are being changed due to external factors; Canadian cities are unaffordable for young people says RBC; and Horizons ETFs to launch copper-focused ETF.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Manulife reports strong quarter for global wealth asset management; ETF's global AUM could hit US$20 trillion by 2026; and Canadian retirees are tapping home equity with jump in reverse mortgages.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Morningstar research reveals how badly timed transactions cost investors the opportunity to receive higher returns; and institutional investors globally need diversification to manage the risks from inflation and recession according to Mercer.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian household income gains thanks to CERB while poverty has reduced; and wealthy investors plan to load up on alternative investments.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The Canadian Securities Administrators’ (CSA) new Investor Advisory Panel (CSA IAP) is coming this September, but who are the members?; Wealthy millennials in the US share their financial priorities; and FTSE Russell launches new Canadian sustainable fixed income indexes.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: New research from Schroders has revealed an increased focus on sustainable investing results among Canadian institutional investors; and Statistics Canada has released data from Census 2021 which shows that there has been a sharp increase in the number of one-person Canadian households.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: FTSE Russell reveals which Canadian bonds underperformed in Q2 2022; US firm files with SEC to launch first leveraged single-stock ETFs in the country; and nominations for Wealth Professional’s eighth annual Rising Stars showcase are still open.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: How Australia has boosted labour productivity growth to outperform Canadians' standard of living; and how the wealth management market is set for substantial growth by 2030.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are concerned about their finances and their ability to service debt repayments; More people will have the opportunity to apply for financial planning certification thanks to a change announced by FP Canada.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: IIROC reports a jump in fines and other sanctions on firms and individuals; and why young investors are bearish on investing in the current environment.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A new report from Desjardins observes that Canadian households are facing difficult times, making it challenging for them to increase their net wealth; and A survey of global institutional investors highlights a key role that impact investing has in the drive to sustainable portfolios.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Transparency is an ongoing issue for investors focused on responsible investing (RI), but a new framework aims to improve things; Canada's long-term and short-term small business confidence decreased in June says CFIB.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Why even a short break from the markets could have a major impact on portfolios according to Citi; Brookfield continues to pile cash into Europe; and FAs should work for clients on a retirement income plan 5 years ahead of retirement.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada among economies set to join US in recession says Nomura; Canada's retail bank customers not entirely satisfied with financial advice; and former hedge fund manager awarded US$52 million after #MeToo allegations.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Global billionaire population grows and Canada is among top 15 locations; and TD Real Estate Survey reveals concerns about rates and inflation.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The first half of 2022 has seen global mergers and acquisitions activity return to pre-pandemic levels and private equity (PE) is a major driving force; Canadians are concerned about the cost of vacation travel; and Canadian soccer sensation Alphonso Davies and BMO Financial Group have announced a new partnership.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: are challenger banks (neobanks)making a profit? Are you one a rising star in the investment industry?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: many Canadians lack trust in the BoC to tackle inflation; Investors’ portfolios are vulnerable to an environmental risk that is not being properly addressed according to a new report; and most novice investors worldwide lack confidence in their ability to make financial decisions.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian's ambitions to buy homes are shifting because of the present market situation and that might affect retirement planning in the long run; and what are investors choosing as inflation hedges?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Rising inflation and interest rates are threatening Canadians’ retirement security, and millennials are the most worried reveals HOOPP survey; and new research shows that, among high-net-worth individuals, clients typically fit within one of five personas, and understanding this can strengthen advisor-client relationships.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Retirement goals of millions of Canadians have been shattered by the fast-rising cost of living; green bond issuance in emerging markets (EMs) and developing nations more than doubled in 2021 to a record US$95 billion; and are you one of the wealth industry's Rising Stars?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investing in a Canadian corporation that is controlled by a family or founder appears to offer an advantage over wider-held public firms says NBC; and global investors continue to pour money into Canada’s businesses according to a new report from the government’s foreign direct investment agency.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian financial firms among elite for customer service, but there's still a long way to go for the industry; and most Canadians support a crypto policy framework according to a new survey.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Everyone has a different view on the amount of money they would like to have, but what would you need for an “absolutely ideal life?” and Elon Musk and two of his companies have been named in a lawsuit by a disgruntled cryptocurrency investor.
After the pandemic, many people are rushing to quit the workforce, seeking a less stressful ‘last chapter’. However, senior investment advisor David Little told WP Talk that many are doing so on a whim, without a proper income plan
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian home sales continued their downward trajectory in May and were in line with pre-Covid levels seen in the second half of 2019; and One third of Canadian workers are considering leaving their current job, with most in search of a higher salary.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians seized opportunity in the last two years with a rise in start-ups despite the social and economic challenges of the pandemic; RBC is enhancing its ability to meet clients’ digital expectations with two new major platform partnerships; and Entries for Wealth Professional Canada’s 5-Star Wealth Tech Providers 2022 showcase will close this Friday, June 17.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The number of people globally who are considered high-net-worth individuals (HNWIs) grew in 2021 – and so did their wealth; ETF growth to be driven by online platforms according to PwC report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BlackRock is expanding efforts to give clients invested in index funds the ability to vote their own shares on key issues; Passively managed index funds are holding more of the US stock market than actively managed funds for the first time; and banks that adopt a 'pioneer' approach will see profit gains says Bain & Co.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: 1 in 5 Canadians may need to rely on food banks to get by this summer; and specialist crypto hedge funds are growing says PwC.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Women in financial services need more role models and mentors to climb to the top; and Franklin Templeton launches new ETF competency course for advisors.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians say finances are their top source of stress as the cost of living rises; and a Toronto tech firm adds a new way to invest in the Metaverse.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investing in ESG and truly committing to embedding its goals throughout an organization is becoming an undeniable truth of business growth; and through a partnership with RBC Capital Markets, Ninepoint is launching the Ninepoint Target Income Fund.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians living in the Maritimes saw a narrowing gap between the region’s average income per person and that of other parts of Canada; and how should regulators tackle greenwashing?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Could Toronto see a 20% housing price correction? Elon Musk has a 'super bad feeling' about the economy; and sustainable finance needs better data says ISF poll.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are piling more debt onto credit cards says Equifax; Investing in Canadian startups continued with strength in the first quarter of 2022 according to new research; and CI Global Asset Management has teamed up with HarbourVest Partners to offer a private infrastructure investment solution to Canadian accredited investors.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Former PI Financial owner Gary Ng banned by IIROC; BMO and CIBC polls shine a light on Canadians' pressured finances; and Canadian businesses are feeling the impact of rate rises and inflation says KMPG in Canada.
ESG has never enjoyed such a high profile; green funds abound and the awareness of the Paris Agreement and net-zero targets have grown considerably among investors. In this WP Talk podcast, we chat with Andrew Simpson, portfolio manager and head of the Mackenzie Betterworld Team. He explains where the team sits within Mackenzie Investments, its sustainable investing philosophy, and how regulators should address the greenwashing issue. What’s next in the evolution of ESG investing?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Homeownership in Canada continues to be a dream rather than a reality for millions of people, with prices unaffordable for many; and Canadian banks delivered surprisingly good earnings last week because of lower-than-expected credit losses but will find it harder to repeat that feat in the near future, according to National Bank of Canada.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Another 50-point rate hike from the BoC this week say economists; CPPIB ramps up growth-equity team; and why are some Canadians shunning debt advice?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are generally content with the health benefit plans they have access to says CLHIA; Canadian small business confidence dips; and the rising cost of Canada's aging population.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Industry study highlights importance of life insurance; Gartner sees three key areas of tech growth for investment and banking firms; and it's time to buy the dip says Citibank.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Inflation-battered Canadians want the BoC to hold rates steady; Canadian big six banks begin earnings announcements; and are western nations really seizing assets from Russian oligarchs?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: How using the wrong part of the brain means poor investment decisions; and how can the wealth management industry improve diversity and inclusion?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians want to age in place, but can they afford to? and values are playing an even greater part in financial and investing decisions says Charles Schwab survey.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: What value does a financial advisor add to a client's portfolio? Young Canadians are stressed about their finances; and BlackRock expects strong growth for bond ETFs.
Christopher Dewdney is a wealth advisor passionate about helping clients and empowering minorities and people of colour. In this pod, WP Talk talks to him about what the industry needs to do to improve its diversity, how he nearly went into the world of fashion, and what issues are currently top of mind when managing clients’ money.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians among outliers for global economic sentiment in WEF survey; Scotiabank gives further boost to women-owned and women-led entrepreneurs.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada could see $20bn GDP boost from metaverse; Canadian real estate prices set to fall says Oxford Analytics; Distrust among nations likely to increase inflation.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: a a seasoned analyst predicts a frenzy of dividend increases from Canada's banks; after two years of living ‘life-lite’ due to the pandemic, it’s no surprise that Canadians are ready to have a great summer this year; and the WP Awards are back 'in person' next month - register now at wpawards.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian retirement plans are being changed due to external factors; Canadian cities are unaffordable for young people says RBC; and Horizons ETFs to launch copper-focused ETF.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Manulife reports strong quarter for global wealth asset management; ETF's global AUM could hit US$20 trillion by 2026; and Canadian retirees are tapping home equity with jump in reverse mortgages.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BoC advice on rate hikes may not be helpful; Canadian pension plan sponsors post negative Q1 returns; and stock rout may not be over yet.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Digital assets gaining popularity with institutional investors; BoC considers impact on banks if it launches a digital currency; and ETF purchases have fallen sharply.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians support government programs, but not the extra taxes required; why advisors should meet their clients' kids; and small businesses face struggle from ongoing work from home preference.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Some CIBC employees will get additional benefits including support for child-care and for those who are transgender; and Investor satisfaction with full-service wealth management firms in Canada has risen slightly says JD Power.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A new duo is to lead the next phase of development for BMO Private Wealth Canada; Mark Carney has warned that the climate shock ahead will “dwarf” today’s hardships; and cybersecurity has become an increasing threat to advisors during the pandemic and will continue to grow.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Surprise rate hike from India's central bank ahead of the Fed; Canadian ETF flows down significantly in April; and how is Canadian financial wellbeing faring?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BMO announces partnership to offer sustainable financing to carbon-intensive firms; HELOC lending jumped in February says OSFI; and a Citi trader has a bad day at the office by causing a 300 billion euro flash crash.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Is there a $410 billion shock ahead for G7 economies and money markets? and Canada’s venture capital market saw continued strength in the first quarter of 2022, despite uncertainty about Ukraine, inflation, and interest rates.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Goldman Sachs has taken the mainstreaming of cryptos a step forward by offering a Bitcoin-backed loan; Canadians are generally optimistic about their debt levels says CIBC; and many Canadians are unprepared for retirement according to LifeWorks.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Hardbacon poll reveals Canadian's plans for homeownership but casts doubt on FHSA program; and ransomware attacks increase in both frequency and costs incurred.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian oil sands firms must ramp up investment to meet climate targets says RBC; digital transition means new risk for FIs; and how did Elon Musk afford the Twitter deal?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BMO survey finds increased desire for homeownership despite soaring prices; Usage of digital material and technologies among estate and financial planners is rising in line with their interest in digital assets; and how the PE industry can help drive climate change action.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Older Canadians face negative consequences if they choose to stay working says Fraser Institute; why tech stocks remain a good long-term option according to an investment advisor; and a return to favour for value investing.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Global hedge funds posted their worst decline since the financial crisis in Q1, 2022; could the BoC hike rates by 75 basis points as Fed also weighs faster hikes; and what's cost Canadians more than $2,800 each during the pandemic?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: More than half of Canadian investors already hold sustainable investments or are planning to do so in the next few years Mackenzie Investments reveals; trust in financial services is at a record high; and younger Canadians most concerned about finances says TD Wealth.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians cut back on their holdings of foreign securities in February says Statistics Canada; Canadian investors and advisors have increased their general bullish sentiment, particularly towards commodities; and The world’s largest asset managers are failing to put pressure on fossil fuel firms to end new oil and gas projects and are actively funding new ventures according to a new report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian house prices continue their juggernaut-like momentum and may not react to new government policies until next year according to Royal LePage; Rate hikes are beginning to bite for more than half of Canadians, the MNP Debt Index reveals.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Academics identify link between crypto investors and 'dark' personality types such as narcissism and sadism; and is the 60/40 model dead?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The Bank of Canada wasn’t the only central bank to hike interest rates this week and it’s prompted a rally for global bond markets; Global real estate funds have taken a pause for breath at the start of 2022 after the record-breaking end to 2021; and BlackRock aims to launch its first product in China's $220-billion onshore exchange-traded fund (ETF) market.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Statistics Canada says that almost one third of all Canadian residential properties are owned by multiple-property owners; Starlight Investments Capital has agreed to buy Stone Investment Group; and BofA poll of fund managers reveals gloomy outlook.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada is seen as a good bet for foreign direct investment (FDI) in the next few years by global business leaders; fund fees have declined in most nations around the world; and Tight household budgets means more Canadians are turning to gig economy side hustles to make ends meet.
Interest rates are rising – but is this good or bad for investors? The knee-jerk reaction is that this is a terrible thing, but the reality is it’s not that clear-cut. Corrado Russo, Managing Partner and Head of Global Securities at Hazelview Investments, dives into how the changing interest-rate landscape is affecting portfolios.
Unsurprisingly, given his firm’s focus, Russo has a clear opinion on this, as well as on where we stand with the traditional 60-40 investment model. He also kicks off the discussion with a look back on his time at Ontario Teachers and explains how this provided the perfect platform for his career.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian employers take action on pay fairness; Impact investing gets a new comparison benchmarking tool; and is Elon Musk weighing a Twitter takeover?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are tired of barrage of fraud attempts; and crypto adoption continues among Canadian institutional investors.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian wealth generation remains an uneven playing field according to Statistics Canada data; Canada’s entrepreneurs have been forced to draw on every bit of their business acumen so far this decade, but how are they shaping up? Plus Younger Canadians are more likely than any other group – even Boomers – to evaluate their financial objectives and plans on a consistent basis, according to new research from BMO.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: SEI Canada's director of solutions shares investing insights; Canadians are giving up on homeownership dream; a Canadian passport is one of the best you can have for access to other countries.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian ETFs saw strong inflows in March with domestic equities and bonds leading the way; Canadians are ready to spend despite rising rates; and homeownership on hold for many Canadians says Scotiabank.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The financial services industry has a huge opportunity by working with big tech and others outside the industry; Canada's SMEs are more optimistic than a month ago despite price rises; and why couples get an unexpected benefit from pooling finances.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: What do Canadians want from the federal budget? and Canada's banks have improved service through technology, survey finds.
Travis Forman is the first to admit he has a restless streak – but it’s meant his career as a wealth manager has thrived.
The Harbourfront Wealth Management advisor wears two hats. Not only does he run a successful practice, he’s been instrumental in architecting and managing the Rockridge Private Debt Pool and Forsyth Private Real Estate Portfolios for Willoughby Asset Management.
In the podcast, WP Talk hears why Forman believes he has the ideal personality for the job, the lessons he’s learnt while building his book of business, and what he believes the biggest headwind is for investors right now.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Goldman Sachs says the US equities rally could be coming to an end; Canada's recreational home prices set for further gains; and CFIB urges focus on small businesses for federal budget.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: $600m stolen in crypto heist; Canadians say this year is a 'wildcard' for tax filing; Deloitte CFOs poll reveals weaker sentiment.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian insolvencies were up 13% in February compared to the previous month; and Women entrepreneurs remain optimistic and have continued to exhibit great resilience and innovation in the face of unprecedented challenges.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Joe Biden’s budget is out today; The Atlantic provinces appear less competitive to higher earners according to a new analysis from the Fraser Institute; and low-income Canadians are taking on risky loans.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Inflation continues to mean tough choices for millions of Canadian families; Canada is among the world-leaders for hedge funds; and Ontario appoints first dedicated CEO for the OSC.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: FSRA has taken a Canada-leading step in investor protection with the approval of the Financial Professionals Title Protection Rule in the province; and Mogo launches venture division to manage its investments.
It’s been a busy time for Forstrong Global Asset Management. As a macro investor, its team has been intensely analyzing the impact of Russia’s war on Ukraine, while on a business level the firm recently closed the acquisition of Shaunessy Investment Counsel.
After the deal was announced, Tyler Mordy agreed to speak to WP, providing insight into why he believes the acquisition will benefit advisor clients and lifting the lid on how a deal like this comes to fruition.
In addition, he gave his take on the situation in Ukraine, how it affects markets, and what investors should be mindful of when positioning portfolios.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Global fixed income has posted its worst drawdown ever according to the Bloomberg Global Aggregate Index; global investment in private capital markets is set for continued strength in the next 12 months; and how to get your team featured in WP's 5-Star Advisory Teams showcase.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Top 3 countries for privately-held wealth revealed; and Thinking Capital has a new name and shares some insights about Canada's small businesses.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: RBC Economics reveals that Canadian household net wealth soared to a record $15.9 trillion in Q4 2021; High gas prices are fuelling interest in electric vehicles; and Canadians are set to cut back on charitable donations as budgets are squeezed.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Are you spending too much time serving non-ideal clients? Durum Capital joins carbon credit market; and a new hire at Fiera Capital.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Retirement planning is low on most Canadians’ priorities despite a strong desire to boost financial resilience says CIBC; Canada is enjoying a revival in small business growth, according to Equifax Canada's Market Pulse Small Business Credit Trends Report; and time is running out to enter Wealth Professional Canada’s 5-Star Advisory Teams 2022 showcase.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians' living standard advantage over Aussies has reversed; institutional investors are bullish on ETFs; and Canadian small businesses say card processing fees are too high.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Young Canadians thinking more about their retirement; Canada's embedded finance industry set for growth this decade; and Canada's household debt-to-disposable-income ratio reached a new high in the fourth quarter of 2021.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investors may be underestimating climate change risk; Empire Life buys six financial services firms to expand advisory offer; and why Elon Musk is a fairly typical crypto investor.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Support for the Pledge to Divest from Russia, which Purpose Investments and Wealthsimple initiated as the war started, is growing amidst the financial industry’s interest in divesting all Russian holdings; and increases in market prices and a thirst for direct investment helped boost Canada’s foreign assets at the end of 2021.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Why now is the time to reconsider life insurance coverage; Sun Life launches new digital financial tool; and the Canadian divorce rate has dropped significantly.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are struggling to balance housing costs and other everyday expenses; and Ninepoint Partners latest fund launch hailed a success.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian businesses fear headwinds may disrupt their pandemic recovery; TD survey highlights financial fraud; and are you part of one of Canada's top advisory teams?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada’s rising cost of living is driving rise in credit card usage says Equifax Canada; Gender pay parity would give an $18bn boost to Canadian household income according to an RBC Economics report; and what are the top 4 inflation fears for Canadians?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian ETFs sector continues its strong path according to National Bank; Report urges Canada to introduce employee ownership trusts; and trust in financial services is in decline.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Who are the top 10 providers in the Canadian ETF industry? Early adopters of AI in financial services report mixed returns; and Aviso Wealth announces new tech partnership.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada probes assets of more Russian oligarchs; CI Global Asset Management launches two new thematic ETFs; and finding companies that fit with investors’ responsible investing goals is less challenging than it used to be.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Younger investors are not convinced that owning property is the best investment in 2022 according to a newly-published survey; and Canadians are feeling the impact of increasing fraud activity.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: More than half of Canadians' finances are outpaced by the cost of living; Female investors share their portfolios; and are Canadian crypto investors ready for tax season?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: CFA Institute launches diversity, equity, and inclusion code for Canada and the US; Fraud awareness is high but more action is needed by individuals says CPA.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: IFIC reveals mutual and ETF fund flow stats for January 2021; next-gen family office leaders to prioritize ESG over profits says BNY Mellon report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian business activity slowed in January says BMO; and Parents are stepping up to help their kids buy homes in Ontario.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Young investors tell RBC that long-term goals do matter to them; Canada is one of the growth areas for CFP professionals; and today's your last chance to enter the Wealth Professional Awards for 2022.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian house prices continue to accelerate; and Purpose adds an Australian twist to its Bitcoin ETF success story.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: How do Canadian financial firms view their digital transformation? RBC shareholders to vote on climate standards amid greenwashing concerns; and the Bank of Canada is prepared to be 'forceful' to tackle issues.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Is it time that Canada raised the age at which retirees receive payments from government retirement programs? and Manulife Investment Management has announced some changes to some of the leadership of its global fixed-income investment teams.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians not confident in reaching an increasing retirement savings goal says BMO; and typical insolvent debtor debts have increased.
Wealth Professional Canada’s 5-Star Brokerages 2022 showcase is still open for entries.
Don’t miss the opportunity to be recognized as one of the best brokerages in the country.
To be eligible, your business has to be a full-service brokerage with a minimum of three locations in Canada.
Enter now via our online form before the deadline next Friday, February 25: https://www.surveymonkey.com/r/FM3YNC6
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: CPPIB and Motive Partners become investors in FNZ; Many clients want to retain virtual meetings; and IIAC appoints new managing director.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Wall Street split on Fed rate increases; Canadians need a more holistic approach to retirement planning says IG Wealth; and TD reveals its Love and Money Poll 2022.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Which sectors do investors with cash holdings consider the most attractive according to a UBS poll? And Millennials share their money and retirement planning priorities with RBC.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Changes made to the federal income tax regime since 2015 claim to have helped Canada’s lower income households: but a new study challenges this; Most Millennials find dealing with money unpleasant and even daunting; and is your firm one of Wealth Professional Canada’s 5-Star Brokerages 2022?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: How the next-gen of family business owners view succession; Big four firm KPMG has taken a leap into cryptocurrency; it’s first such move in Canada; and Ninepoint Partners has announced that it will be adding a carbon credit strategy to its liquid alternative fund lineup.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian wages are lagging recovery; and what's driving the current global bonds market rout?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian investment plans posted a median return of 4.11% in the last three months of 2021 according to BNY Mellon; and the Canadian mutual fund industry posted its largest-ever record for annual net sales last year, according to IFIC.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: BMO staff prepare for return to workplace from next week; Evolve launches new financials ETF; and which Canadian online brokerage gives the best customer service?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A growing percentage of Canadians are unable to contribute to their RRSPs due to financial constraints; and investigations into financial planning professionals accused of falling below the required standards will now be more transparent.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada’s defined benefit pension plans managed to close out 2021 with an 8.9% annual return; and finance professionals are in demand from Canadian companies as overall hiring intentions remain strong.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Wall Street strategists are warning of a further pullback in US equities; A Vancouver firm is now offering a metaverse mortgage; and Harbourfront has a new tax & wealth planning leader.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: World's wealthiest individuals lead growth in philanthropy says Wealth-X; Mackenzie Investments expands access to alternative investments; and Horizons ETFs launches a new financial services focused fund.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian mutual funds jump ahead of ETFs in latest IFIC stats; and Brand Finance names the world's most valuable brands.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Rate hikes head? It's BoC decision day; Automatic tax-filing may not be the best way forward says CD Howe Institute; and are you one of our next 5 Star Advisors?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian venture capital sets multiple records; RBC GAM launches RBC Global Choices Portfolios; and Franklin Templeton appoints first global head of sustainability.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are concerned about the impact of inflation on their retirement savings says RBC; what's worrying DIY investors right now?; and WP prepares to honour industry elite at gala event.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Luxury real estate cementing its place as a solid asset class; Invesco Canada launches 8 new ESG ETFs; and cryptocurrencies win over more advisors.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: how much do you really know about ESG and responsible investment? and Canadians fear their financial data is at risk.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Could oil reach $100 by year-end? Digital transformation brings returns for financial services firms; and Purpose Investments launches new ETF.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: TD launches a new mobile investing app; bank economists now more hawkish on BoC rate rises; and CSA issues fraud warning.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A charity wants governments to tax the wealthiest at a 99% rate; title protection edges closer in Ontario; and a leading Canadian think tank CEO turns hawkish on interest rates.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: IIROC proposes amended regulations for reporting, internal investigations, and client complaints; Ninepoint offers additional way to access its Bitcoin ETF; and financial services firms are risking operations through IT weakness.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians reveal financial stressors and priorities in 2022; Gluskin Sheff announces new leader; and Franklin Templeton launched new strategy for Canadian investors.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are focusing on saving even as they prepare for inflation to soar in the year ahead says BMO; OBSI updates its 5-year Strategic Plan; and Mackenzie Investments reveals its year-end ETF report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Wall Street strategists have reiterated their bullish view on equities; Taiwan and Canada have held talks to strengthen trade ties; and why being a CFO in 2022 is about more than money.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The biggest risk to the capital markets right now is fear over central bank reactions; and what impact do Canadians think inflation will have on their finances in 2022?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians poured more cash into ETFs but mutual funds also gained; Softer months ahead for oil prices; and owners of high-priced homes could face a new surtax.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Fed turns hawkish on rate rises; IIROC fines Canaccord $157,500 over embedded fees; Albertans face greater tax burden in 2022; and Toronto's housing market tightens further.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian CEOs' compensation continues to grow faster than the average worker; the world's multi-billionaires have added a collective US$1 trillion to their fortune; and the CFIB calls for more help for Ontario's businesses.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Silicon Valley investment fraud trial jury reaches verdict; What are Canadians' financial priorities in 2022? and should you remain bullish on equities in the months ahead?
IG Wealth Management’s new chief investment strategist Philip Petursson chats with WP Talk about his outlook for the new year, hitting on inflation, central banks, and volatility among other topics.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Many Canadians are bearish on their finances in 2022; MFDA plans to protect retail investors from changes to mutual fund DSC rule changes; and Canada's top 3 self-directed online brokerages revealed.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Positives ahead for Canada's CRE investors says Morguard; Non-Canadian investors poured cash into the country’s capital system at a torrid pace in October; and why Ontario shouldn’t push through with its revised Capital Markets Act.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Housing affordability hasn't improved says RBC Economics; IIROC publishes new KYC guidance; and what financial matters are keeping Canadians awake at night?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: OSFI urges Canadian banks to stress test its mortgage borrowers for "more adverse conditions"; Elon Musk says his 2021 tax bill will be highest ever for an American; and why investors need to look beyond the numbers in deciding on firms to back.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada's tax ombudsman sees complaints jump; Canadian banks pause return-to-workplace plans; and should advisors be calming return expectations for 2022?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian house prices jumped more than 25% in November from a year earlier; Manulife publishes latest debt survey; and Canadian consumers are keen to use technology for their money management according to a new report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Hiring intentions for Canadian financial services among best for start of 2022; Gold is trending lower; and how does music royalty investing work?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Global oil markets have returned to surplus and face an even bigger oversupply early next year says IEA; the global ETF space has marked a new milestone; and awareness of cryptocurrencies is high, and adoption could be set to soar too according to a new international survey
Portfolio Manager with Tetrault Advisory Group, Canaccord Genuity Wealth Management, wraps up his big takeaways from the year … and how he squeezed in a marathon!
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Mutual fund dealer fined over incentive payments; young Canadians still aim to be homeowners; and which surprising assets are growing faster than gold, stocks, and bonds.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian banks could be facing a weaker period of economic growth, rising inflation, and vulnerabilities in the housing market in 2022; They may have an upbeat outlook on the economy, but that doesn’t change the fact that small businesses are on a rocky path to recovery; and FAIR Canada is calling on Ontario to seize an opportunity to earn the investing public’s trust.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: AGF Investments' CEO warns of inflation risks ahead; and will full implementation of CFR rules really protect investors' interests?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: It's decision day for the BoC; the OSC is changing its service commitments to manage a surge in capital raising and Canadians appear to be getting less generous.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: a new study says that financial advisors should be in the know about clients’ personality types; and Wealth Professional is unveiling a unique interactive digital content collection, designed around immersing users through active engagement.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investors who opted to use Bitcoin as a hedge against stock market volatility had a wake up call over the weekend; Canada’s ETF industry saw strong inflows again last month as investors ploughed $5.4 billion into the space; and Canadians’ confidence may still be shaky, but it is better than it was last year, during the heart of the pandemic, says IG Wealth Management.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Retail investors across Canada can now expect to have a stronger say in policy development through a new proposal from the Canadian Securities Administrators; and the FTSE Russell Monthly Performance Report for November 2021 highlights how equities and high-yield bonds closed the month flat or lower as the Omicron news broke.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Fidelity Investments set for Canadian Bitcoin ETF launch;Inflation is consistently among the most worrying matters cited by investors currently, but is it really transitory as many central banks suggest?; and TD Direct Investing launches sentiment index for DIY investors.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: GDP is up but how has the financial services sector fared? and TD and Purpose Investments unveil new ETFs.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: companies are facing greater ESG scrutiny from Canada’s institutional investors – and risk losing their backing for getting it wrong; IG Wealth Management has enhanced one of its key offerings with additional exposure to an alternative asset class; and RBC has partnered with Epilogue Wills to offer its clients a cheaper online way to do to their wills.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada’s institutional investors are now treating meme stocks and the retail investors driving them as a force to be reckoned with; and millions of people across the OECD member nations could be running their own businesses, but face barriers to doing so.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are spending again but their decision making could have a significant impact on the companies and industries that thrive; Evolve and Horizons ETFs in race to the Metaverse; and investors in North America are feeling a little less confident in the equity markets.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investors have poured almost $900 billion into equity exchange-traded and long-only funds in 2021; NTSs have some way to go to become a Canadian favourite; and Quadrus Investment Services fined 6-figure sum by MFDA.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: After 18 months of development, Trez Capital unveils first-of-its-kind U.S. equity real estate fund for Canadian retail investors; and why investors and advisors should consider corporate financial forecasts with caution according to a new report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Why advisors who dismiss crypto could be missing out on a fee bonanza; Alternative fund managers globally say that talent management is their number one overall business priority in 2022; and IFIC reveals the latest mutual fund and ETF sales stats.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians can't wait to share their wealth with heirs; and why wealth management firms have a fine balance when implementing tech.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Work to establish a single regulator for Canada's investment industry is progressing; North America is now leading the way on ESG investing as it continues to adopt a mainstream position; and what are Canadians' plans for holiday spending?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: A new digital asset solution for Canada’s institutional investors has been launched by Fidelity Clearing Canada; Scotiabank updates plan for return-to-office; and Definity Financial posts Canada's largest IPO of the year.
DesignWealth’s Josue Dubon explains how his family’s experience informs his practice and why initial client meetings don’t even mention money
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Shareholders in Canada’s NEO Exchange are happy with its acquisition by Cboe Global Markets; 61% of investors would be likely to switch firms to follow their advisor; and CIBC Asset Management has bolstered its ETF shelf with four new offerings listed on the NEO Exchange.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: How much does Canada lose to tax abuse every year? And the income gap was widening in Canada even before the pandemic says StatCan.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The last two decades have seen global wealth surge but is it productive and driving our economies? Plus, what's driving change in retirement?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: How are asset managers embracing the potential of ESG investing factors? and how advisors can engage with millennials.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: What do institutional investors think about private equity (PE) firms? Why advisors should do a deep dive to learn about cryptocurrency; and Elon Musk sells $5bn of his massive Tesla stake.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada's Gen Zs are feeling confident about their money according to a CBA poll; and how your childhood helps shape your financial habits.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Are bank partnerships with FinTechs working out? A new 'staycation tax credit' has been announced for Ontarians; and will you be one of our Top 50 Advisors?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Overall market cap of cryptocurrencies exceeds US$3 trillion; An 18-year high in annual inflation is proving to be the greatest source of financial consternation among Canadians; and Tesla stock declined around 7% early Monday after Elon Musk’s Twitter followers voted in favour of him selling a 10% stake in the firm.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The Canadian ETF space has already topped its full-year 2020 sales record; the pandemic remains a significant barrier to ‘business as normal’ for Canada’s small and medium sized businesses; and the Canadian Dream is going greener.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The MFDA is reaffirming its commitment to protect vulnerable investors; Demand from institutional investors has prompted the latest expansion for CIBC Mellon; and global food costs are nearing a record high.
Ron Hanson, SVP, Head of Retirement at Mackenzie Investments, explains what’s changed, how this affects advisors, and the strategies they can implement to overcome these hurdles.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Carney-backed alliances pledges its $130 trillion weight to climate change agreement; New ETF for Horizons ETFs; and Mogo claims world first 'green' Bitcoin
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: l Financial Literacy Month is underway but how much do Canadians know about managing their money?; the number of low-income Canadian households has increased; and the CFA Institute has released the first voluntary Global ESG Disclosure Standards for Investment Products.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: capital markets cannot save the planet because they are failing to price in climate risk says KPMG; new AI-powered platform provides ESG ratings for thousands of companies and funds; and a Nova Scotia firm's stock jumps in Facebook confusion.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canada's financial services organizations prepare for Financial Literacy Month; FAANG stocks under pressure amid supply chain issues; and is minimum wage really helping the right people?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Investors should not be overly worried about a potential repeat of 2013’s taper tantrum says AGF duo; funds industry has more to do on climate change goals; Musk and Bezos fortunes equal JPMorgan Chase.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Manulife ESG experts to join Wealth Professional webinar on aligning portfolios with environmental goals; ESG investors have more choice than ever; and where do Canadians want to retire to?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians are concerned about retirement savings; Canadian ETFs saw a drastic deceleration in net inflows last month; and IIROC is taking continuing education accreditation in-house.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Hedge funds remain optimistic about their prospects and IG Wealth launches new climate action funds.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: The growth in Canada’s ESG fund industry continued last quarter; Canada's VC investment remains strong; and are parents passing on bad financial habits to the next generation?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Bitcoin hits a new high; climate change means a 'sink or swim' for Canadian economy; and BC fintech raises $20m in Series A round.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadian mortgage debt has escalated; Canada's banks could hike dividends by 25%; and strong results for CI Financial's asset management and wealth businesses.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians have not given up on their long-term life and financial goals, according to a new survey from CIBC; there's a fiscal challenge on the way larger than the COVID impact warns OECD; and what's concerning fund managers about private capital markets?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Wealthsimple has seen explosive growth in recent years; Scotiabank reveals business survey results; and academics shine a light on philanthropy.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Banks and other financial services providers can no longer rely on a one-size-fits-all strategy as consumers demand the perfect fit for them; Canada’s securities regulators and self-regulatory organizations are putting their foot down over complaints processes; and Mutual funds have a significant role to play in driving the fight against climate change, but figures show they are often reluctant to do so.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Demand from an expanding client base of First Nations and Indigenous institutional investors has prompted CIBC Mellon to launch a new dedicated unit; RBC GAM finds one group of institutional investors is leading ESG adoption; and why the gas crisis is adding pressure to oil supply.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Asset managers turn sizeable profit despite stock market decline; Alternative investment managers struggle with brand awareness; and more investment in energy is needed warns IEA.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Canadians lag global ESG trend; Sagard expands its growth plans; and Bitcoin could reach a new high.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including:
BoC says economic recovery is on track despite disappointing output growth, but warned there’s a risk high inflation could prove more persistent than expected; new report shows how important ETFs have become to Canadian brokers; and Younger generations are increasingly at the helm of investment decisions made by family offices, and they are interested in venture capital.
WP Talk chats with portfolio manager and investment advisor Grant White, of Endeavour Wealth, about working for the big banks and what it takes to start your own business
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including:
New research offers new evidence confirming the increasing trend towards mainstream adoption of sustainable investment; and the Canada Child Benefit was less effective than we’ve been told according to a new report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including:
Canadian tax professionals want more tools to collect offshore tax; September proved to be a relatively sluggish month for Canada’s ETF industry; CIBC has announced new options for investors looking to invest in highly valued U.S. companies.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including:
Behavioural finance is on the rise and financial advisors (FAs) that embrace it are benefitting according to a new study; a new poll finds Canadians take stock after money-related shocks; and the importance of investor education and protection is the key element of World Investor Week
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including:
Millions of financial records of the rich and famous among leaked Pandora Papers; and the performance of equities has continued to support the financial position of Canada’s defined benefit (DB) pension plans.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including: Volatility continued to shake financial markets, with U.S. equities posting their biggest monthly selloff since March 2020; The Financial Consumer Agency of Canada has hit TD Bank with a $400,000 fine; It’s Canada’s National Seniors Day but is it time we stopped using the term senior to describe clients aged 55 and over?
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca including:
Clients want you in-person or on the phone IFIC survey reveals; Canadian Payroll Association releases its Annual Survey of Working Canadians; Canada’s economic growth is lagging because of regulatory barriers according to a new report.
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
WP Talk sits down with Tom Staudt, COO of ARK Invest, to talk about its space exploration ETF and the initial criticism around some of its holdings
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
Your WP Morning Briefing brings you a daily update of the stories we're covering at WealthProfessional.ca
WP Talk enjoys a podcast chat with Danny Popescu, CEO of Harbourfront Wealth Management, to discuss the recent success of independents and what he looks for when scouring the industry for top advisor talent.
What does it mean to be future-proofed? In this episode, we chat with Krystian Urbanski, Senior Vice President of Digital Platforms Associate Portfolio Manager at Forstrong Global, and deep dive into how advisors can digitize their practice and future-proof their business. Learn how advisors can streamline their practice to be more efficient, attract new clients, grow their business, and become a trusted partner in any market.
As the dust settles on a seismic investment breakthrough, WP Talk sits down with Som Seif, CEO and founder of Purpose Investments, to discuss the challenges in getting the product to market and how he went from cynic to crypto believer
Adam Bighill is not just a two-time Grey Cup champion, he is also an investment advisor with Wellington-Altus Private Wealth. WP Talk sits down with the linebacker to discuss his dual careers, how they overlap and what drives him to succeed.
WP Talk sits down with fixed income guru Barry Allan to discuss his long and successful career and why he was tempted back to the front line as sub-advisor for the Horizons Active High Yield Bond ETF.
In this episode, WP Talk virtually connects with Tom Caldwell, a distinguished veteran of the securities industry. He is chairman of Chairman of Caldwell Securities Ltd., which recently celebrated its 40th anniversary. In this episode, Caldwell reflects on the highs and lows of his career, and how he’s dealt with the pandemic.
In this timely episode, magazine editor and WP Talk host James Burton sits down with president and managing director of Cboe Vest Steve Nimmits to discuss buffer ETFs and why this new product is the perfect antidote to investor behavior.