A New Era for Financial Planning: Fee-Only Advisors
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Did you know that in Canada anyone can call themselves a financial advisor?
Currently, the sales activities of advisors who sell products such as life insurance, mutual funds and other securities are regulated by each province. The title of "financial advisor," however, is not regulated. This means that anyone regardless of education, experience and level of financial knowledge can claim to be one.
If this is the case, then how do you as a consumer go about choosing the right financial advisor?
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