Cameron Passmore CIM, FMA, FCSI

Portfolio Manager

Benjamin Felix MBA, CFA, CFP

Associate Portfolio Manager
  • T613.237.5544 x 313
  • 1.800.230.5544
  • F613.237.5949
  • 265 Carling Avenue,
    8th Floor,
  • Ottawa, Ontario K1S 2E1

How does a financial advisor decide what to invest your money in?

As I described in my last video, not all financial advisors have the range of credentials and experience you might expect from someone telling other people how to invest. So it’s no surprise that the investments they recommend may also be less advisable than common sense would prescribe.

The culprit here isn’t necessarily the advisors themselves. They’re often simply pretty good people with pretty good intent. But they’re also often caught up in an industry that permits if not encourages “suitable” advice to supersede “best interest” advice.


To the untrained ear, “suitable” versus “best interest” advice may sound about the same. But, believe me, there’s a wide moat between them in which everyday investors are too often left to sink or swim. How do you ensure an investment recommendation is in your best interests? Check out today’s video and subscribe here to keep building your bridge of understanding.

By: Ben Felix | 0 comments

What does it take to become a financial advisor?

Have you noticed all the new-fangled titles for the same old jobs? Your receptionist is now a director of first impressions, and your technician is found serving up repairs at the Genius Bar. There’s even a new name for your development coordinator: director of getting sh*t done.

All in good fun. But shouldn’t “financial advisor” mean more? Unfortunately, it often doesn’t.


You’d think there’d be a few things you could expect from your financial advisor – like solid experience, higher education and carefully cultivated credentials. Instead, most of the people who call themselves financial advisors are licensed by a provincial regulator to sell certain products. They may or may not have a whole lot more of substance to buttress their advice.

In other words, a better title for many financial advisors might be “salesperson.” Or, often even more accurately, “director of selling s**t.”

Looking for no-nonsense advice instead? Don’t forget to subscribe here for a lot more Common Sense Investing where this one came from.

By: Ben Felix | 0 comments