The Value of Advice
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Household Average Investable Assets SOURCE: 2009 IFIC VALUE OF ADVICE REPORT – FROM THE IPSOS REID CANADIAN FINANCIAL MONITOR STUDY UNDER $35,000 $35,000 TO $54,999 $55,000 TO $69,999 $70,000 TO $99,999 $100,000 OR MORE $250,000 $200,000 $150,000 $100,000 $50,000 $0 HOUSEHOLDS WITH NO ADVISOR HOUSEHOLDS WITH AN ADVISOR The value of advice In a study of over 1,000 Canadian households, Ipsos Reid findings show that advised households have substantially higher investable assets than non-advised households. For example, advised households with income levels between $35,000 and $55,000 had nearly 5 times the level of investable assets compared to non-advised households. Further, these observations are consistent across all income levels and age groups. Advisors provide a wide range of valuable services to clients, including the planning and maintenance of targets, helping them to choose the right vehicles and the right asset mix to achieve those targets. And these results show that good advice adds value. HOUSEHOLD INCOME $119,318 $11,227 $125,348 $27,104 $197,273 $29,119 $164,542 $44,103 $214,587 $138,358 Insurance products and services distributed through I.G. Insurance Services Inc. Insurance license sponsored by The Great-West Life Assurance Company. Written and published by Investors Group as a general source of infor- mation only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an Investors Group Consultant. Trademarks, including Investors Group, are owned by IGM Financial Inc. and licensed to its subsidiary corporations. © Investors Group Inc. 2014 MP1733 (01/2014) RICHARD SHEPPARD CFP Senior Financial Consultant Investors Group Financial Services Inc. Tel: (403) 226-5531 [email protected]
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In a study of over 1,000 Canadian households, Ipsos Reid findings show that advised households have substantially higher investable assets than non-advised households. For example, advised households with income levels between $35,000 and $55,000 had nearly 5 times the level of investable assets compared to non-advised households. Further, these observations are consistent across all income levels and age groups. Advisors provide a wide range of valuable services to clients, including the planning and maintenance of targets, helping them to choose the right vehicles and the right asset mix to achieve those targets. And these results show that good advice adds value.
Transcript of The Value of Advice
Household Average Investable AssetsS o u r c e : 2 0 0 9 I f I c v a l u e o f a d v I c e r e p o r t – f r o m t h e I p S o S r e I d c a n a d I a n f I n a n c I a l m o n I t o r S t u d y
U n d e r $ 3 5 , 0 0 0 $ 3 5 , 0 0 0 t o $ 5 4 , 9 9 9 $ 5 5 , 0 0 0 t o $ 6 9 , 9 9 9 $ 7 0 , 0 0 0 t o $ 9 9 , 9 9 9 $ 1 0 0 , 0 0 0 o r m o r e
$ 2 5 0 , 0 0 0
$ 2 0 0 , 0 0 0
$ 1 5 0 , 0 0 0
$ 1 0 0 , 0 0 0
$ 5 0 , 0 0 0
$ 0
h o u s e h o l d s w i t h n o a d v i s o rh o u s e h o l d s w i t h a n a d v i s o r
the value of adviceIn a study of over 1,000 Canadian households, Ipsos Reid findings show that advised households have substantially higher investable assets than non-advised households. For example, advised households with income levels between $35,000 and $55,000 had nearly 5 times the level of investable assets compared to non-advised households. Further, these observations are consistent across all income levels and age groups.
Advisors provide a wide range of valuable services to clients, including the planning and maintenance of targets, helping them to choose the right vehicles and the right asset mix to achieve those targets. And these results show that good advice adds value.
H o U s e H o l d I n c o m e
$119,318
$11,227
$125,348
$27,104
$197,273
$29,119
$164,542
$44,103
$214,587
$138,358
Insurance products and services distributed through I.G. Insurance Services Inc. Insurance license sponsored by The Great-West Life Assurance Company. Written and published by Investors Group as a general source of infor-mation only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an Investors Group Consultant. Trademarks, including Investors Group, are owned by IGM Financial Inc. and licensed to its subsidiary corporations.© Investors Group Inc. 2014 MP1733 (01/2014)
RICHARD SHEPPARD cfp
senior Financial ConsultantInvestors Group Financial Services Inc.
tel: (403) 226-5531 [email protected]
