Autorité des marchés financiers - Choose your financial professional

A few tips to help you find the right financial professional for you

If you choose to call on the services of a professional, here are a few tips to help you find the right financial professional for you:

Meet with several professionals in order to compare their fees and services and find out which of them you get along with the best. Take advantage of this meeting to ask the professional some questions:

What is your educational background?
What are your skills?
Which products are you authorized to sell? (For example, certain professionals are only allowed to sell mutual funds).
How are you paid? (commission, set fees)

Check with the l'Autorité des marchés financiers to find out if the professional is registered. In other words, if this professional is authorized to practice this profession, and if he or she has ever violated the Securities Act.

Remember...

Whether you use an expert or not, you are the only person responsible for the way your money is managed. Don’t become passive and contented with leaving your financial future in someone else’s hands.

Financial markets evolve and so does demand. Therefore, you have to monitor and adjust your investments periodically. That’s what sound financial management means!

Sound financial management also means learning more about investing by participating in informative seminars or reading articles about finance in newspapers and magazines.