And what happens if a mutual fund trust isn't one anymore?  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Saturday, March 2, 2024

In this week's edition:

Pros of pro-bono planning

Disciplined for advising over Discord

Making time for mental health

Comeback for Canadian equities

Tipster takes home $1.5M

Lots of ink has been spilled about fees, commissions and paying for advice. But a growing group of financial advisors is taking payment out of the equation for underserved and needy Canadians — and the advisors say there’s something in it for them, too. Groups coordinating pro bono advice include the Financial Planning Association of Canada and the Canadian Foundation for Financial Planning. Allan Janssen reports.

A former mutual fund representative has been sanctioned for regulatory violations stemming from a stock tip channel he operated on Discord, which regulators said amounted to providing investment advice. (And if you’re wondering what Discord is, it’s a community-driven instant messaging platform.) James Langton explains why.

Just by working with clients on a financial plan, you’re improving their sense of well-being. But by asking the right questions, you can go further. Jonathan Got finds out how some advisors get their clients to open up about difficult topics and their mental health.

The Magic Number
46%
That's the percentage surveyed in the Responsible Investment Association’s Investor Opinion Survey who view artificial intelligence primarily as a risk in the investment decision-making process

Speaking of AI, several Canadian stocks are well-positioned to benefit from that trend, finds a portfolio manager. As a result, that manager is optimistic about the medium-term outlook for Canadian equities.

Finally, a corporate insider who provided “very specific and discrete” information to the OSC has been paid $1.5 million for their tip.

Melissa Shin
EDITORIAL DIRECTOR
Melissa has been with Advisor.ca since 2011 and leads Newcom Media Inc.’s group of financial publications.
 

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