The Advisor Channel
The Advisor Channel recent survey’s and polls suggests Canadian investors who have a financial advisors are very satisfied with their relationship, communication and returns. The alternative to investing in mutual funds is to go to the banks who’s management provide their family of funds to their unsuspecting banking customers. There are over 85 mutual fund, investment funds and money management companies and firms serving close to 4000 independent mutual funds. The Advisor Channel is the most important connection between the non-bank mutual fund management companies and the investing client. Advisors provide quality service and insight into choosing, managing and maintaining a portfolio of funds. Independent mutual fund advisors and representatives are hard working individuals who work either by commission or by fee for advice. In any case you get what you play for, bank funds are considered limited in scope and cater to a captive market. Although the bank mutual funds take up close to 40% of the mutual fund market, individual investors would benefit greater by having access to all funds available and smart advisors who know there customers and their way around the markets.
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