Knowledge Centre

The Mutual Fund industry is on the brink of big change. Already losing business to low-fee exchange-traded funds and robo-advisers, it faces new fee disclosure rules in 2017. There is even talk of a ban on trailer fees, an established way or compensating commissioned investment advisers. The days of fund...

November 30 is D-Day for OPEC as its members meet in Vienna to finalize an agreement on limited oil supply. This has been a long time coming, and as the price of crude creeps back above the $50-a-barrel level, there are some audible sighs of relief ...

Financial technology (fintech) – and robo-advice, in particular – may be disrupting the status quo in the financial services sector, but there are plenty of opportunities for financial advisors in using these technological innovations. Case in point: Toronto-based Glidepath Portfolio Services Inc., the latest robo-advisor to launch in Canada, caters...

Whether the upcoming effects of CRM2 are groundbreaking or an incremental change is of question. For advisors, the impact on the transparency of fees to clients will be very real. However, can the new rules deliver a win-win situation for all? It is vitally important that advisors now get on...

Robo-advisers have barely been around two years in Canada, but their run as the cheapest place to get investing advice is already being challenged. A new investment firm called Transcend is offering light financial planning and portfolios built using equity funds that have a very low fee of 0.25 per...

PROFIT and Canadian Business unveils 28th annual list of Canada's Fastest-Growing Companies TORONTO, Sept. 15, 2016 /CNW/ - For the third consecutive year, Provisus Wealth Management retained a position on the distinguished PROFIT 500 list of Canada's Fastest-Growing Companies. The list will highlight some of Canada's most successful companies from a wide range of industries. Provisus, an integrated wealth management company, provides leading...

Bond market yields are one of the great anomalies of the investment world in 2016. Putting your money into fixed income currently represents not much more than cold storage. The amount of countries that have negative yields on government bonds continues to grow, which clearly doesn’t say much for the...

Mutual funds, despite being the investment vehicle of choice for millions of Canadians, are regularly underperforming – and fees are the culprit, says a wealth management president. Chris Ambridge of Provisus Wealth Management says that many low-fee options aren’t always what they seem, as reporting doesn’t take the drag from...

A new pay-for-performance structure has been introduced for pooled funds in Canada – and it’s putting a wealth management firm’s money where its mouth is. Provisus Wealth Management, which has been in business in Canada for over a decade, has launched a sister company named Transcend, which will offer a...

Provisus Wealth Management has created a new company, Transcend Direct, which will charge clients fees according to the investment returns they earn. Transcend charges 20% on any amount that a portfolio beats its benchmark. Provisus announced the launch of Transcend Direct on May 3 and says its subsidiary will make money when...