Last week we blogged about the video Informed Investing: Investment Fees, that we launched on October 9 to supplement the Guide to Investing: How to be an Empowered Investor.
This week we are featuring the video Informed Investing: Using Registered Financial Advisor that discusses how to practice due diligence in researching a financial advisor or firm.
Prior to working with a financial advisor, you should investigate the individual’s qualifications and registration status.
The Canadian Securities Administrators (CSA) provides a National Registration Search database online where you can search an individual or firms registration status and find out what investment products they are qualified to sell.
You will find a wide, and potentially confusing, array of practitioners working in the financial service industry. Visit InvestRight’s Understand Titles and Designations page to get a breakdown on the different types of job titles and designations held by people, and what they mean.
If you have questions or concerns regarding an advisor or firm’s registration, please contact BCSC inquiries at 604-899-6854, toll free at 1-800-373-6393, or by email at [email protected].
BCSC staff ambassadors tour the province, helping people to protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills so they can become more informed of steps they should take to protect themselves when investing. Where we are this month AbbotsfordBe Fraud AwareDecember 2Private event We […]
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