User:Peculiar Investor/Investment advisor
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An investment advisor helps you make important decisions about your financial goals. So it’s important to take the time to do some research and ask questions to find an advisor who fits your needs.[1]
Investment advisors are regulated by the Investment Industry Regulatory Organization of Canada (IIROC).
Are there limitations on what they can do?
Investment advisors cannot give their professional opinions on any fields but their own, for example insurance, tax planning or legal advice.
How do I know an advisor is registered with IIROC?
All Canadian investment firms and individual Investment Advisors dealing in Canada’s stock and bond markets must be registered with IIROC.
IIROC’s AdvisorReport[2] can help you find out if an advisor is registered with IIROC and check their qualifications - including any history of discipline.
You can also check if a firm is IIROC-regulated.[3]
See also
References
- ^ "Choosing an Investment Advisor". IIROC. Retrieved 2023-02-10.
- ^ "Know Your Advisor: IIROC Advisor Report". IIROC. Retrieved 2023-02-10.
- ^ "Dealers We Regulate". IIROC. Retrieved 2023-02-10.
External links
- Carrick, Rob (November 8, 2022). "Eight things a brutally honest investment adviser would tell you about fees, returns and more". The Globe and Mail.
- Counter, Rosemary (February 10, 2023). "Are investment advisers worth it? What advisers offer, minimum investments and more". The Globe and Mail.