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Time to raise your voice

on Fri, 10/25/2013 - 12:07

Some of you may know, the Canadian Securities Administrators (CSA) is considering the future of embedded compensation, and there are factions that advocate banning this model.

We, advisors, believe that market forces should dictate how an advisor chooses to run their business and get compensated for their services. This is not about defending one model over another. The choice to run our practice, whether fee-based, commission-based or both, should be left entirely to us. More importantly, you, the investors should preserve your right to choose the structure that best meets your needs.