KYM – Know Your Manager Checklist

There are stringent rules within the investment industry known as KYC (Know Your Client) regulations which lay out the information an Investment/Portfolio Manager needs to gather to be able to choose the most suitable investment products and services for each individual client.

But there are no such regulations specifying what clients should know about their Investment/Portfolio Managers. The onus is on you or your designated financial fiduciary to Know Your Manager (KYM).

In this article, we provide an essential KYM checklist to find the Investment/Portfolio Manager best suited to your needs and objectives.

Continue reading

How are Investors Protected in Canada?

How Are Investors Protected in Canada

How are investors protected in Canada? Canadians generally have two sources of account protection in Canada: the Canada Deposit Insurance Corporation (CDIC) and the Canadian Investor Protection Fund (CIPF). Both are intended to maintain investor confidence in the Canadian financial system. In this article, we explain the role of the CDIC and CIPF and the kind of protection each offers.

Continue reading

The Importance of an Investment Policy Statement

The Importance of an Investment Policy Statement

An Investment Policy Statement (IPS) is a crucial, client-specific document developed between you and your portfolio manager. It documents your financial objectives, constraints, unique circumstances and overall governance procedures, all of which are to be applied to the investment related activities carried out on your behalf by your portfolio manager.

Continue reading


© 2023 Bloom Investment Counsel, Inc. All rights reserved. E & O E.

Powered by W3Schools