Opinion: Ontario is finally regulating the terms financial planner and financial adviser, to the benefit of everyone

Ontario is finally regulating the terms financial planner and financial adviser, to the benefit of everyoneDarren Coleman is the top wealth management adviser for Raymond James in Toronto.

In my view, the big issue is whether or not the advice is qualified, competent, and valuable. How one pays for it, and what one pays for it, are secondary. The fastest growing segment of the population is baby boomers. By 2024, one in five Canadians will be over 65. According to MNP, a leading consulting firm for accounting, tax and business, 46 per cent of Canadians are within $200 of financial insolvency.

globebusiness Well this should significantly cut down the number of questionable randos who want to reach out to me with a great earning opportunity on LinkedIn .

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