Since 2015, Credo has surveyed tens of thousands of Canadian investors asking them to self-report with respect to their sentiments about nine important factors that relate to their lives. These factors include their feelings of: Financial Well-being Intellectual Engagement Purposeful Pursuits (read: work, whether paid or not) Leisure & Recreation Health & Physical Fitness Home…
Question: So What? Credo has concluded a two year research investigation into the subject of financial advisors loading their clients’ investment portfolios with their affiliated companies’ financial products (a.k.a. Proprietary Product Loading or PPL.) What Credo found, in short, is that investors who work with advisors who are associated with a dealership that also has…
Are Canadian investors looking to change their advisors? A full 67% say they are not. But that leaves a third of Canadian investors who say they would consider finding a new financial advisor. Let’s consider the Canadians who are thinking of changing advisors. Our research results are a product of the ongoing Financial Comfort Zone…
Fully 95% of high-net-worth (HNW) investors who are working with an advisor either have an estate plan or are currently working on developing one. By contrast, millionaires who are do-it-yourself (DIY) investors are only about 52% likely to have a plan for their estate. An additional 14% of DIYers are currently going down that essential…
If investors are suffering because of the financial industry’s longstanding practice of paying trailers fees to advisors, they really don’t appear to be showing it. Credo polled more than 1,180 investors who know that they are paying trailers and we found that 94% of these investors feel that they are getting at least fair value…
Below are the recently measured levels of concern among Canadians investors regarding the possibility of outliving their finances. To frame this analysis, we look first at Canadians’ investable assets and then at age groups. These two factors show immediately that there is considerable variance in the levels of concern that investors have about the possibility of…
One of the areas where Credo conducts research regularly is around the matter of customer loyalty. How does a personal financial advisor build and maintain a loyal customer base? Some of our research points to the significant importance of helping your clients (if you are an advisor) develop true understanding of the financial matters that are…