Back in December 2014 I wrote a blog post about how important it is for investors to know and understand how to evaluate returns, costs and benefits — in order to fully appreciate, and measure, the value provided by your Investment Advisor.
In that post I also explained that the Investment Industry Regulatory Organization of Canada (IIROC)
was making changes and bringing in new rules, to make it easier for investors to do just that.
To that end, two new mandatory reports are being sent to investors (beginning July 15, 2016) from the financial institutions handling your investments. Have a look at the videos I’m including in this post. They do a good job of clarifying what you’ll see on those reports how and why they can help make you a better, smarter, more successful investor.
Alan Friedman is an Investment Advisor with CIBC Wood Gundy in Toronto. The views of Alan Friedman do not necessarily reflect those of CIBC World Markets Inc. CIBC Wood Gundy is a division of CIBC World Markets Inc., a subsidiary of CIBC and a Member of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. If you are currently a CIBC Wood Gundy client, please contact your Investment Advisor.