CRM2A
CRM2A. This combination of letters and numbers is getting a lot of talk time in the financial world right now.
CRM2A = Client Relationship Model Phase 2 and it is new regulatory initiative that will be phased in over the next few years. It provides you the investor with a new level of transparency on the reporting of fees and performance by their financial services providers.
What does this mean for investors? It means they will start to see more use of plain language and clearer, timelier presentation of information.
What does this mean for advisors? It means revising their some of their sales processes and communication with their clients.
We view CRM2A as an opportunity to strengthen our client relationships. Clients will gain a better understanding of our services and the value they add in the long term.
Does Your Advisor Measure Up?
How do you know if you are working with the right financial advisor?
Can you measure advice?
A financial advisor is an investment professional who provides clients with financial products and services. Our wealth advisors go beyond just providing products and services. We work in partnership with our clients to fully understand their future dreams, develop personalized financial strategies, review their plan at regular intervals, advise of new investment opportunities and address any concerns or questions with clarity and full disclosure.
Is your current financial plan meeting your expectations? If you are not satisfied with your return on investment or the level of service your financial advisor provides, contact us to meet with one of our advisors to discuss your financial future. Call or email to book a no obligation, free consultation.
At Haldenby Group we believe advice can be measured not only in terms of your rate of return but also quality of service. Does your current financial advisor exhibit these qualities? If not, it is time for a change.
- Trust
Focuses on my goals and financial plan NOT their own. - Communication
Addresses any and all concerns or questions with clarity and full disclosure. - Experience
Exhibits a high level of knowledge with education in tax, insurance and investment planning. - Service
Dedicated support staff focused on the highest level of customer service. - Managing risk
Determines clients level of risk tolerance and invests accordingly. - Diversification
Explains diversification and why it is important to diversify investments. - Products
Maintains current knowledge of investments, trends and market conditions. Recommends proven products and clearly explains all fees, commissions and MERs. - Investment strategy
Develops a complete financial plan that indicates the rate of return I need to earn to achieve my goals, as well as details my investments, expenses, retirement date and estate plan. - Reviews
Outlines up front exactly how often per year we’ll meet, and schedules the appropriate