Quantcast
Td Canada Trust financial advisor - Beyond.ca - Car Forums
Page 1 of 4 1 2 ... LastLast
Results 1 to 20 of 62

Thread: Td Canada Trust financial advisor

  1. #1
    Join Date
    Mar 2014
    Location
    Calgary
    Posts
    529
    Rep Power
    12

    Default Td Canada Trust financial advisor

    Can anyone recommend a good financial advisor at td Canada trust?

    I'm looking to better structure my RRSP and move in my RPP from another institution to TD. This will be over 6 figure amount and I know they have certain advisors for those amounts.

    Thanks

  2. #2
    Join Date
    Jun 2009
    Location
    Calgary
    My Ride
    X5D, Fiesta ST
    Posts
    7,542
    Rep Power
    56

    Default

    Why would you willingly move that kind of money to a big name everyday bank?

  3. #3
    Join Date
    Jan 2008
    Location
    Upstairs
    My Ride
    Natural Gas.
    Posts
    13,332
    Rep Power
    100

    Default

    I'm not saying NOT to use TD, but you should inspect your motivations for using them very closely, as there are many potential negatives.

    If anyone wants a review by investors group, a buddy of mine is with them and he's a good guy.

  4. #4
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,636
    Rep Power
    85

    Default

    Talk to Mawer.

  5. #5
    Join Date
    Oct 2003
    Location
    Calgary
    My Ride
    ute
    Posts
    4,937
    Rep Power
    100

    Default

    I* will charge you 2.5% to manage your money. All returns guaranteed.








    *not a fiduciary, since I do not yet have my real estate license.

  6. #6
    Join Date
    Apr 2004
    Location
    Calgary
    Posts
    2,093
    Rep Power
    43

    Default

    Talk to @dezmarez . Excellent dude who can probably help you out with this either directly or point you to someone who can

  7. #7
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    2,028
    Rep Power
    96

    Default

    Have you considered a World Financial Group advisor?
    An old colleague I haven't talked to in ten years recently approached me talking about how amazing they are, seems legit.

  8. #8
    Join Date
    Mar 2014
    Location
    Calgary
    Posts
    529
    Rep Power
    12

    Default

    Quote Originally Posted by suntan View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Talk to Mawer.
    I used to work for Mawer many years ago as an intern right after university. Good suggestion, I'll give it a think. I just wanted all my assets with one company

    - - - Updated - - -

    Quote Originally Posted by Twin_Cam_Turbo View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Why would you willingly move that kind of money to a big name everyday bank?
    TD has all my accounts and other RRSP as well, i just wanted to keep everything in one spot but I should keep my options open

  9. #9
    Join Date
    May 2005
    Location
    Calgary
    Posts
    206
    Rep Power
    0

    Default

    Yes, I used Mawer and were really happy with them. I moved from Mawer to TD (there was a work requirement to move my investments over) but I think they've been pretty good all things considered. I used Jun Yajima, he's in private client services.

  10. #10
    Join Date
    Apr 2004
    Location
    Calgary
    My Ride
    ////M
    Posts
    1,596
    Rep Power
    23

    Default

    PM'd
    Quote Originally Posted by DonJuan View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Yo bro, are you from that goat Calgary car forum that get salty over lawn care, land rovers and circumcisions? That's straight fire.

  11. #11
    Join Date
    Jan 2005
    Location
    Alberta
    My Ride
    E90
    Posts
    117
    Rep Power
    0

    Default

    Check out Canadian couch potato and transfer your funds into the appropriate TD e series fund. Less management fees and you pick the asset mix suitable to your risk level, time horizon e.t.c

    https://canadiancouchpotato.com/

  12. #12
    Join Date
    Sep 2016
    Location
    Calgary, Ab
    My Ride
    2021 Zonda CRV
    Posts
    1,008
    Rep Power
    18

    Default

    You can go to any TD advisor really. If you want someone more experienced go with a FA and not a investment advisor. It will mostly be about getting the paperwork right and having stuff in the right instruments.
    There may be issues moving that amount over, it will be from the other insitution.

  13. #13
    Join Date
    Apr 2009
    Location
    Calgary AB
    My Ride
    V8s
    Posts
    4,572
    Rep Power
    100

    Default

    Good luck finding someone who's not just trying to sell you on the products that give them a kickback for that month (in private wealth, or otherwise). There's zero chance I'd put any significant amount of money with a retail bank, let alone look for investing "advice" from them.

  14. #14
    Join Date
    Jul 2010
    Location
    Homeless
    My Ride
    Blue Dabadee
    Posts
    9,599
    Rep Power
    100

    Default

    Quote Originally Posted by cjblair View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Good luck finding someone who's not just trying to sell you on the products that give them a kickback for that month (in private wealth, or otherwise). There's zero chance I'd put any significant amount of money with a retail bank, let alone look for investing "advice" from them.
    The fundamental problem is a lack of alignment between financial advisors and their clients.

    Either they have kickback incentives that put their interests at odds with their clients, or they have some desperate need to try and generate some non existent alpha and end up gambling with their clients money leading to sub par outcomes.

    The whole industry is unfortunately a mess. Passive is a good alternative for those in sub HNW brackets. Once you get past accredited investor levels of liquid capital (usually well well above to be worth a call) is when working with someone to get you involved with deal flow can have some value, particularly investing in funds and private’s with liquidity premiums. But even that is often of dubious benefit.

    But paying someone to buy index funds for you? Yea that’s dumb.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
    This quote is hidden because you are ignoring this member. Show Quote

    guessing who I might be, psychologizing me with your non existent degree.

  15. #15
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    2,028
    Rep Power
    96

    Default

    The key is to be related to a high end financial advisor and have them not charge you to manage your money.
    #7.2bound

    You guys need to choose your family members better.

  16. #16
    Join Date
    Jul 2010
    Location
    Homeless
    My Ride
    Blue Dabadee
    Posts
    9,599
    Rep Power
    100

    Default

    Quote Originally Posted by vengie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    The key is to be related to a high end financial advisor and have them not charge you to manage your money.
    #7.2bound

    You guys need to choose your family members better.
    That sounds even worse than hiring a financial advisor
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
    This quote is hidden because you are ignoring this member. Show Quote

    guessing who I might be, psychologizing me with your non existent degree.

  17. #17
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,636
    Rep Power
    85

    Default

    The only thing worse would be having some sort of salesman as your father.

  18. #18
    Join Date
    Jun 2002
    Location
    Calgary, AB
    Posts
    1,991
    Rep Power
    30

    Default

    No recommendations on who to use but there are opportunities with the retail banks where the cost is a fixed percentage of the portfolio per year. Nothing wrong with paying 1%/year to have your money managed.

  19. #19
    Join Date
    Oct 2003
    Location
    Calgary
    My Ride
    ute
    Posts
    4,937
    Rep Power
    100

    Default

    Quote Originally Posted by suntan View Post
    This quote is hidden because you are ignoring this member. Show Quote
    The only thing worse would be having some sort of salesman as your father.
    We're all selling something, breh.

  20. #20
    Join Date
    Jan 2008
    Location
    Upstairs
    My Ride
    Natural Gas.
    Posts
    13,332
    Rep Power
    100

    Default

    Quote Originally Posted by Buster View Post
    This quote is hidden because you are ignoring this member. Show Quote
    We're all selling something, breh.
    Accurate.

Page 1 of 4 1 2 ... LastLast

Similar Threads

  1. Financial service rep @ TD Canada Trust

    By 403Gemini in forum General
    Replies: 23
    Latest Threads: 11-06-2009, 10:25 PM
  2. LF: Financial advisor

    By The Cosworth in forum Real Estate / Finance
    Replies: 0
    Latest Threads: 04-22-2008, 07:36 AM
  3. Recommend a financial advisor.

    By mikemechanic in forum Real Estate / Finance
    Replies: 2
    Latest Threads: 01-20-2008, 12:59 PM
  4. LF: investment advice/financial advisor

    By danno567 in forum Real Estate / Finance
    Replies: 4
    Latest Threads: 03-01-2007, 04:25 PM
  5. Anyone know a good financial advisor?

    By black_2.5RS in forum Real Estate / Finance
    Replies: 6
    Latest Threads: 06-30-2006, 02:03 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •