How to choose the right investment advisor

http://www.investright.org An overview for BC investors of how to choose the right investment advisor. InvestRight's free Guide to Investing provides step-by-step instructions and worksheets to help investors carry out the checks and reviews discussed in the video.

Category:

News & Politics

Tags:

• adviser
• advisor
• bc
• broker
• commission
• free
• guide
• investing
• investment
• investright
• securities

[larryelford]

.they boldly place themselves at huge liability by proclaiming they know how to select a good investment advisor.while hiding the fact that 99 out of 100 persons in Canada proclaiming to be an "advisor" is actually licensed and registered in the license category of a "salesperson". Gross misrepresentation. Anyone burned by this industry should realize how badly they were mislead, and include the regulator in any action they take for damages. The regulator is assisting in the misinformation.

[BCSCInvestRight]

Thanks for your comment. We try to provide information to help people choose the right investment advisor. We used the term advisor because we believe its the most common term people use when discussing the issue. We talk about the different registration categories in more detail in our online Guide to Investing: How to work with your Investment Advisor. However, a video podcast on the specific registration categories may also be helpful. We welcome feedback on our guide.

[manifesto2000]

It would also help if it wasn't so hard to find disciplined persons due to the rule of BCSC not being willing to list persons from the disciplined persons of the IDA now IIROC's list of fined and censured persons. It is evident that self regulation has proved to mean no regulation of this industry. W-Five's forum on this subject [April 2008] has helped spawn a number of networks of investors who have evidence of willful dishonesty of investment sales people and the impunity given to them.

[BCSCInvestRight]

Good idea about referring people to IIROC's and other disciplined persons lists. We will add that to our online Guide to Investing: How to work with your Investment Advisor. If you have any other suggestions about how to make the information more helpful to investors, please let us know. Thanks.

[manifesto2000]

I am very interested in finding out more about the kiss off of OBSI by Royal Bank, Is this kind of information being shared with Larry Elford's network or any others? It is extremely important that all investors that have been treated in bad faith by predatory investment outfits - and witnessed the impunity that the "regulators" have provided - all these networks need to be communicating and working with Jim Flaherty to move away from being "close to an international embarassment".

[kenkiv]

Self regulation is not working.The small fine of $300,000 to TDW for selling toxic Norshield funds should also be seen as a warning sign. Latest move by RBC to kiss off OBSI for banking disputes is a worrisome development.If other banks follow , OBSI could implode.

kenmar