The Canadian Client Focused Reforms continue to be top of mind for many advisors, especially as the CSA and CIRO conduct reviews. A holdings-based approach to measuring portfolio risk can offer a more nuanced risk assessment compared to traditional methods reliant on historical returns or benchmarks. This helps advisors better understand and document investment risks, while helping advisors make more suitable investment recommendations.

Read more about portfolio risk and ensuring suitability for clients to meet regulatory requirements in the full report.