The value of our advice
For the first time, new rules will require that clients are shown exactly how much they are being charged for the equities and funds held in their accounts.
This kind of transparency has not always existed in our industry. Good news if you’re a client of Richardson Wealth. We have always aspired to achieve the highest standards of integrity, transparency and best practices in managing the wealth of our clients. It’s business as usual at our firm and with our esteemed and selected Advisors.
We are referring to the second stage of the Client Relationship Model 2 (CRM2), when requirements to deliver standardized information in client investment account statements will take effect all across Canada.
Starting on December 31st, 2016, all costs for positions held in your accounts will be itemized for you. In a nutshell, you’ll clearly see how much you invested, how much it cost and how much you earned. More than ever, accountability will be at the forefront. We’ll continue to expand on the reporting you receive.
Contact our team to discuss our dedication to trust, transparency and enhancing the value we deliver.