Banks in Canada » Business Development Bank of Canada http://www.banks.ca Canadian banking, credit cards, loans, savings, investments and retirement in Canada Tue, 28 Jul 2026 08:39:54 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.40 Do You Need a Financial Advisor? + MORE Jun 7th http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/ http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/#comments Fri, 07 Jun 2013 18:42:31 +0000 http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/ Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
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Do You Need a Financial Advisor?

– ratesupermarket.ca

Do You Need a Financial Advisor?
Most Canadians start planning for their retirement by walking into their local bank and investing in a Registered Retirement Savings Plan (RRSP). It’s quick, easy, and you get a discount on your annual tax bill. But, eventually (hopefully!) you’ll have enough of a nest egg socked away that you’ll want some professional advice on how to best manage and grow your savings. Here’s where to look for help.
Are You Ready For Professional Help?
If your investments are really small – a couple hundred or thousand dollars a year – filling in one of the various banks’ “risk assessment profiles” and talking with one of their RRSP experts is probably sufficient for the early years of financial planning. But, eventually, you’ll probably want to seek some more sophisticated advice. According to Greg Pollock, president and CEO of Advocis (The Financial Advisors Association of Canada), much of the Canadian public has a misconception that you need to have a certain amount of savings on hand before you can and should meet with a financial advisor…


Continue Reading On ratesupermarket.ca »

Do You Need a Financial Advisor?

– ratesupermarket.ca

Do You Need a Financial Advisor?
Most Canadians start planning for their retirement by walking into their local bank and investing in a Registered Retirement Savings Plan (RRSP). It’s quick, easy, and you get a discount on your annual tax bill. But, eventually (hopefully!) you’ll have enough of a nest egg socked away that you’ll want some professional advice on how to best manage and grow your savings. Here’s where to look for help.
Are You Ready For Professional Help?
If your investments are really small – a couple hundred or thousand dollars a year – filling in one of the various banks’ “risk assessment profiles” and talking with one of their RRSP experts is probably sufficient for the early years of financial planning. But, eventually, you’ll probably want to seek some more sophisticated advice. According to Greg Pollock, president and CEO of Advocis (The Financial Advisors Association of Canada), much of the Canadian public has a misconception that you need to have a certain amount of savings on hand before you can and should meet with a financial advisor…


Continue Reading On ratesupermarket.ca »

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