Professional certifications and continuing education have become increasingly important to investment advisors. According to a new study by the Investment Management Consultants Association (IMCA), 95 percent of advisors agree that continuing education is important, and they are increasingly looking for ways to improve their knowledge and skills. The study also revealed that Canadian investment advisors are increasingly seeking advanced knowledge and certification in order to provide better service to their clients. URL : https://ex-ponent.com/
Registered investment advisors: How US banks can weigh the …
The costs of Canadian investment advisors can vary, and it’s important to find a professional who can demonstrate value for money. Many Canadian investors may prefer to use lower-cost options, such as robo-advisors. These are programs that invest in passively managed portfolios, which track stock indexes without the need for human intervention.
The third quarter of this year was a particularly strong quarter for Canadian stocks, which continued their strong performance over the past year. Many Canadian advisors predict strong returns for stocks this year. The bullish sentiment in the S&P/TSX 60 Index increased seven percentage points during the third quarter. On the Nasdaq, bullish sentiment increased from 54% to 60%.
One drawback of hiring a Canadian investment advisor is the lack of regulatory oversight in Canada. In addition, most Canadian investment advisors are not registered to do business in the U.S. Therefore, they can’t maintain an office in the U.S. or make a sales pitch for services as an investment advisor. Despite these limitations, some Canadian investment advisors are able to serve their U.S. clients without registration. However, this exemption does not apply to large Canadian firms that have many advisors based in the U.S.