More recently than outrageous prices paid by royalty for pineapples in the days of Columbus ($5000 in current dollars), research
Most business owners will agree that an employee benefit package is one of the best ways to attract and retain top talent
Everything you need to know about succession plans. From the AOL Partner Studio
Get in control of your finances with these 5 tips. From the AOL Partner Studio
No matter how well we take care of ourselves, there may come a time when we experience a health scare. And while Canada's universal health care system definitely helps us in many ways, not every cost incurred by an illness or injury can be covered.
The wealth management industry is rapidly becoming more complex and changing fast to reflect diverse generations, technology and industry regulation. A new set of strategies and tactics will need to be developed to get ahead of the curve and drive revenue growth and assets under management.
Four things you should keep in mind before meeting a financial advisor. From the AOL Partner Studio
What does a financial adviser do anyway? The answer may surprise you. From the AOL Partner Studio
Going to the gym instead of crashing on the couch, having a side salad instead of fries, or taking public transportation instead of driving. What do these things have in common with buying life insurance instead of putting it off? Research shows that people get the same feeling of satisfaction knowing they did the right thing rather than choose the easier option, even if it meant there was a little extra effort involved.
On July 15, 2016, the CRM2 regulation or the Client Relationship Model - Version 2, which outlines the regulations to improve
Studies have shown that familiar investments underperform and most amateur investors would be better off buying index funds. An advisor will have more knowledge about which companies in a diversity of industries are right for you -- plus they will have done more research than what is available at the mall.
Halloween is almost here, and for adults there isn't really much to fear (except maybe running out of candy). In real life there are some truly terrifying money moves that all investors should avoid. Here are seven money mistakes people make and the fixes that can take your finances from scary to successful.
We've all probably met a financial advisor who told us to buy a "balanced mutual fund," and hard sold their own company's "top performing" fund. They tell a good story, but do they really have our best interests at heart?
Often accustomed to working independently, the new advisor will need to be more of a team player that is integrally connected with more aspects of your financial life. Your future advisor will leverage technology to work flexibly and have systems and processes in place to ensure that your interests are always paramount.
If the term robo-advisor conjures up images of C-3PO controlling your money, you can relax; robo-advisors aren't really robots. They're simply an innovative way for wealth management firms to leverage technology to create a modern online experience for the benefit of their clients.
Do you have a budget? It is one of the most fundamental steps in making your money work for you. A personal budget is a basic estimation of the revenue and expenses over a specified period of time. Whether your goal is a down payment for a new house, saving for your child's education, a dream vacation or simply retirement, a budget is the answer to helping you reach your financial goals.
With only about one third of Canadians making an RRSP contribution according to the Sun Life Annual Check-up Survey, make this year the year that you start to reap the benefits of your RRSP. Top up your RRSP before March 3 and make an appointment with your advisor to plan how best to invest your tax refund (or tax savings). Your tan may suffer but your net worth will thank you.
I don't believe the average person has any idea of what an imbedded commission is or how it affects them. As a matter of fact, I wouldn't be surprised if most investors of mutual funds had a better understanding of how a black hole works. The root of this conundrum is that advisors who sell mutual funds usually get paid from the fund companies.
Is your financial plan just a bunch of numbers crunched to the point of no return? I often wonder if the general public has any idea about what really goes on within the financial services industry. When they take the step towards planning for their financial objectives, are they receiving the best advice available or simply the most available advice?
When my husband walked out of the house one Sunday morning and a police officer walked up my driveway later to inform me he had been killed in an accident, one of the most important relationships in my life was forever changed. Little did I know, that another relationship I had been building over time was about to become one of the most important in my entire lifetime, the relationship with my financial advisor.