By: Paul Brent | The Globe and Mail | August 23, 2012
Read More, and see what Scott Plaskett says about whether to keep or drop your financial adviser.
If you are casting angry looks at your portfolio and seriously considering dumping your financial adviser this RRSP season, think back on the advice that money experts were giving a year ago when markets were nearing the bottom of a scary descent: Don’t be too hasty.
“Don’t let performance be the sole determinant,” advises John De Goey, an investment adviser and vice-president with Burgeonvest Bick Securities Ltd. of Toronto. Mr. De Goey is a long-time critic of the commission-based adviser model and its inherent conflicts and has drawn the ire of many in his business after publishing two books on the subject…
