McPhail HLG Monetary Services Group —

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Financial+PlanningAs per Republic Act No. 7641, Employers are necessary to spend retirement benefits to their personnel, in the private sector, regardless of their position, designation or status and irrespective of the method by which their wages are paid, except to those listed under the exemptions.

As a outcome – in order to retain advisers (and decrease compliance and litigation fees) – I suspect that some, maybe the majority, of larger BD firms will embrace largely conflict-free AUM platforms for their registered reps to use. These AUM platforms will use low-cost ETFs and low-price funds that provide no added compensation to the BD firm or its representatives.

Note: Names and descriptions of the client described in this blog note have been altered to preserve confidentiality. The client has provided written permission to publish return data. This weblog post is for discussion purposes only. Do NOT take any action primarily based on this weblog without consulting a qualified investment specialist initial. If you are interested in a free of charge introductory consultation about a potential monetary program with portfolio overview, make contact with Adil Sayeed, SmartGreen Financial Planning at adil.sayeed@ or 416-873-2915.

None of our clientele had been satisfied with how their investment portfolios performed for the duration of August and September, as we all saw losses in the neighborhood of 5-7% for these two months. Nicely, I’m right here to say that we noticed your displeasure and so we’re happy to announce that returns in October were in the neighborhood of four-6% up.

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