It can be easy to let one small piece of the timeline throw you off your investment strategy. Investment values go up and down, it’s the very nature of the market. Investors will do themselves a favour if they take a moment to stop and remember short term reports reflect merely one small part of a long journey.
Market volatility paired with dollar-cost averaging means investor opportunities. Purchasing at regular intervals allows the investor to have a strategic process in place to take advantage of these opportunities as they come along. The time is right to embrace a strategy that works best in volatile markets.
When people think about the value their financial advisor provides, many immediately think about investment returns. However, looking at returns alone is taking a narrow perspective because it’s only one part.
In the spirit of a high level overview, there are some options available to Canadian investors to pay for the advice and service they receive from their investment advisor.
With the intent to increase investor clarity around investment fees, any account charges or commissions received by Manulife Securities will be listed on your statement under the headline Annual Charges and Commissions near the end of your statement. From there, Manulife Securities pays a portion of these fees to your advisor as compensation for the ongoing servicing of your account and providing advice.
Efficient planning is required to successfully transition the family farm to the child(ren) who plan to actively work the farm, while also creating estate equalization for the child(ren) who do not wish to be involved in the family farm operation. A problem that presents itself at death can be best solved with a strategy that pays out at death. This is why permanent tax-exempt insurance becomes a key tool in the execution of a succession plan.
We had the pleasure of being included in this May 27/2020 article in The Signpost on how we are servicing our clients during these challenging times. Written by Julie Neufeld and reprinted with permission from The Signpost.
It’s the ‘average Joe’ who has enough information to sound like they know what they are talking about, a hearty dose of over confidence, and a desire to be seen as an expert who is the most dangerous.
In order to truly help Canadians improve their financial situations we need to make sure individuals and institutions offering advice are doing so with the clients’ best interests in mind at all times. It’s common sense. This shouldn’t even be a question. We need to have this support from the highest level in Canadian financial institutions.