Apart from financial concerns, the greatest worry among clients is developing Alzheimer's disease and becoming a burden to their families. While Alzheimer's can't be prevented,…
Darryl Robinson specializes in helping clients make the shift into retirement by addressing both their financial needs and their emotional anxieties
Arriving at a fair value for your practice is one of the most critical aspects of succession planning because it has a major impact on…
If your client leaves an employer that offered a defined-benefit pension plan, the client may have options for handling the assets in that plan. Some…
Some advisors forecast a range of outcomes for clients with private-sector DB plans, ranging through full benefits to partial reduction of benefits to a complete…
Persuading millennial clients to start saving for retirement while they're young can be difficult. But even small, regular amounts can add up impressively over decades
In an ideal world, retirees would not need to use home equity to fund their retirement. But, for many people, their homes will be their…
Many Canadian seniors are carrying significant debt and they don't appear to be too worried about it. In some cases, your role may be to…
The full effects of the federal Liberals' proposed expansion of the Canada Pension Plan will not be felt for years to come. Both benefits and…
A question frequently asked by clients who face imminent retirement is: “Will my money last?” A proper response from a financial advisor requires examining several…
The newly updated mortality tables mean that the taxable portion of annuity payouts will increase for many clients. However, annuities purchased before the end of…
Some top advisors explain how they are navigating the difficult, sometimes delicate task of persuading older clients to reduce expectations while finding low-risk ways to…
Retirees with comfortable nest eggs held outside of registered funds may want to consider setting up a systemic withdrawal plan, which allows the client to…
Playing the low-rate gameThe irony for many disciplined savers is that after a lifetime of nurturing their nest eggs, they may find spending in retirement…
Clients who put off receiving CPP and OAS payments can reduce their longevity risk. These clients will need other sources of income to bridge the…
Advisors suggest clients' portfolios should hold two to three years' worth of withdrawals in liquid or guaranteed investments. Opinions vary on the percentage of the…
Top-performing advisors discuss strategies they use to maximize their teams' performance. Compensation structure and flexible hours are key factors
Arranging a seasonal knees-up for your team requires a daunting number of decisions. Among the keys to planning a successful staff holiday party are knowing…
Research shows that taking vacations every year benefits your overall health and, ultimately, is positive for your business. But many advisors promote an unhealthy attitude…
Many clients are unaware of the limitations of their travel health insurance until they make a claim. You can help ensure your clients have the…
How can young advisors assure older prospective clients that they are qualified to offer financial advice? Here are some strategies to demonstrate that you have…
Dividing her time between Vancouver and Toronto, Darcie Crowe specializes in providing financial advice to women who are experiencing profound changes in their lives
Apple, Google and Microsoft are fighting over access to your devices and your dollars. Whether you go with all one vendor or mix and match,…
A well thought-out business plan will take you further than arbitrary growth targets set with no strategy for reaching them. These paths toward growth carry…
As the end of the tax year approaches, advisors can help their clients by alerting them to potential savings in their taxes owed. These strategies…