There’s more to knowing your clients than checking off boxes
Bill would preventing anyone who is not a qualified financial planner or financial advisor from using those titles
Many women say they don’t have the time or the knowledge to manage their investments
Lionel Laroche, the owner of Markham, Ont.-based MultiCultural Business Solutions, provides practical tips about connecting with clients in our era of cultural diversity. Laroche explains why advisors should pay attention to differences in risk aversion, English proficiency and soft skills. He spoke at the Financial Planning Vision 20/20 Symposium in Toronto.
FPSC study reveals the many excuses for not having a financial plan
Two-thirds have a financial plan; 44% review their plans a few times a year
FPSC survey highlights prevalent financial planning myths and mistakes
“Gamma” measures the additional retirement income that comes from making better financial planning decisions
Family living arrangements include foster kids, grandparents, single moms, soccer dads
They may not be high net-worth yet, but young clients can form a loyal client base