Posts Tagged ‘Candour’

Guidelines for an effective mid-year letter

Monday, June 22nd, 2009

Dan Richards, Strategic ImperativesLast week, U.S. discount broker Charles Schwab released a research report indicating that one in four American investors is considering changing firms or advisors, consistent with recent data on Canadian investors  open to making a move.

An interesting insight emerged when investors were asked why they might switch. The top two factors, each mentioned 32% of the time, were desire for a better fee structure and better advice. Just behind in 29% of cases where investors are contemplating a move was the desire for more proactive contact.

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