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  1. #1
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    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

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

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    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.

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    Talk to Mawer.

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    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.

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

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    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.

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    Quote Originally Posted by suntan View Post
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    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

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    Quote Originally Posted by Twin_Cam_Turbo View Post
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    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

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    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.

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    Quote Originally Posted by DonJuan View Post
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    Yo bro, are you from that goat Calgary car forum that get salty over lawn care, land rovers and circumcisions? That's straight fire.

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    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/

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    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.

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    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.

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    Quote Originally Posted by cjblair View Post
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    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
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    guessing who I might be, psychologizing me with your non existent degree.

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    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.

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    Quote Originally Posted by vengie View Post
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    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
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    guessing who I might be, psychologizing me with your non existent degree.

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

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    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.

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    Quote Originally Posted by suntan View Post
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    The only thing worse would be having some sort of salesman as your father.
    We're all selling something, breh.

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    Quote Originally Posted by Buster View Post
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    We're all selling something, breh.
    Accurate.

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