We support Canadian securities and insurance regulators’ proposal to provide to investors a clear and complete picture of their investment costs. We believe that it is a basic right of each client to receive clear reporting of what they pay to...
The Financial Services Authority of Ontario moved last year to regulate which financial services professionals can use the titles Financial Advisor and Financial Planner. After engaging in stakeholder engagement sessions on this regulatory...
The Ontario Securities Commission proposed banning DSC commissions in 2018 due to significant conflicts of interest and the harm caused to investors. Ontario’s Minister of Finance quickly rejected the proposals. This left the rest of Canada to...
We participated in the OSC’s September 2017 roundtable discussion on alternatives to eliminating embedded commissions. Much of the industry participation that day was seemingly aimed at protecting themselves with little regard for clients. This...
People investing in investment funds of all kinds should be receiving total cost transparency. While CRM2 was a good first step; meaningful investor-friendly total cost disclosure is long overdue. Since the broader industry has failed to create this...
The investment fund sponsors and dealers have done too little for too long to figure out a meaningful, common sense way to be transparent with their clients. As a result, we’re generally in favour of a ban on embedded commissions on financial...
When we founded HighView Financial Group in November 2005, we set out to build an investment firm that was truly unique from the large financial institutions that dominate the Canadian wealth management industry. Specifically, we created an advisory...
Pool funds, like mutual funds, co-mingle investor funds for purposes of investing. Investors hold units in the pool fund, and ideally the unitholder (investor) achieves lower costs for portfolio diversification and benefits from efficiencies of...
The Canadian Securities Administrators (CSA) have proposed: a) a host of rule changes; and b) that all ‘investment-licensed advisors’ should be held to an overarching Best Interest standard of care with respect to their clients. We agree with...
In Canada, mutual funds are the largest held embedded fee investment product available. They are categorized by a class system, of which most investors are familiar with the A-Class fund predominately used by financial advisors or mutual fund...
Oakville - Corporate Office
231 Oak Park Blvd, Suite 207
Oakville, Ontario L6H 7S8
(905) 827-8540
1 (888) 827-8540
