Navigating Financial Bubbles
About This Episode
Inspired by a recent white paper on the next-generation advisor, today we’re exploring the evolution of investment advice in Canada.
For me, the expansion beyond stock picking and into a deeper advisory role goes back over 20 years. The evolution of exchange-traded funds has helped us build wonderful portfolios with passive investment vehicles, giving us the time to deliver a better client experience by offering services clients need from tax and retirement planning to cash flow management and beyond.
The new generation advisor is here to meet investors’ changing demands, and I’m excited for our clients because we are in that space and always moving forward. That’s why we’re so passionate about everything we do.
On this episode, Marcelo and I talk about how the value proposition offered by investment managers is changing, the differences between active and passive investing, why clients need a new type of investment advisor, the rate of adoption of passive investing in Canada versus the US, and so much more!
Thank you for listening!
- The shifting value proposition of investment advisors (1:22)
- Why we were inspired to create this episode (2:20)
- What passive investing means (4:07)
- The commoditization of investment management (5:19
- Investment advisors’ traditional value proposition to clients (7:13)
- The driving factors of compensation for active managers (9:00)
- Advisors’ new value proposition (10:03)
- How next-generation advisors improve the client experience (11:24)
- What research shows us about active versus passive investment performance (12:52)
- Why we’re now at a tipping point with passive investing (14:45)
- How changing demand is driving the advisor evolution (15:36)
- What our client review meetings involve (17:39)
- The growth of passive investing in Canada and the US (19:45)
- How the US Registered Investment Advisor model impacts adoption (21:42)
- Understanding your investment advisor options as a Canadian investor (22:46)
- Our key takeaways about the next-generation advisor (24:44)
- And much more!
Thanks for Listening!
Effective client meetings are about transparency and empowering investors to move forward confidently and with a clear vision of their financial future.
Investors who maintained perspective and long-term discipline by committing to a fundamentally sound investment plan were able to weather through the periods of market uncertainty and stay on the path to building wealth.
2022 has been a challenging year for Canadian investors; inflation is higher, interest rates have been going up, bonds are down, and stocks have been volatile. Typically, bonds have sheltered investors in periods of uncertainty. This hasn’t been the case this year.
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