Breaking the silence around money

How talking with an advisor can empower you to reach your financial goals

 

For many Canadians, discussing personal finances—especially challenges like debt—can be difficult. Yet research shows that talking about money leads to better financial habits, increased confidence and improved outcomes. Through guidance and expertise, your advisor plays a critical role in helping you successfully navigate your wealth journey.

 

2.1x	more financial assets in households that have an advisor compared to households that don’t.1
61%	of investors who have an advisor strongly agreed that they had better quality investments and higher returns because of their advisor’s guidance.2
2.88%	the average added value advisors provide through answering questions, behavioural coaching and wealth management.3
76%	of investors with a financial advisor report a positive sense of well-being.4

 

At Worldsource, we believe in supporting independent advisors through the power of partnerships.

Together, we will enrich the financial lives of Canadians and empower our communities.

 

The value of advice

Whether you’re just starting out or  a seasoned investor, an advisor will help you:

 

^{1 Cockerline, Jon, PhD. “New Evidence on the Value of Financial Advice.” The Investment Funds Institute of Canada. 2012. https://gardhousefinancial.com/wp-content/uploads/2013/08/The-Value-of-Financial-Advice.pdf
2 Montmarquette, Claude and Prud’homme, Alexandre. “More on the Value of Financial Advisors.” Cirano. March 10, 2020. https://cirano.qc.ca/en/summaries/2020RP-04
3 Staff. “Advisors add 2.88% in value, study finds.” Advisor.ca. May 7, 2020. https://www.advisor.ca/practice/planning-and-advice/advisors-add-2-88-in-value-study-finds/ 
4 BlackRock. “6th Annual Global Investor Pulse.” Blackrock Investment Institute. Feb, 2019. https://www.blackrock.com/corporate/insights/investor-pulse#intro}

 

Worldsource Wealth Management (WWM) is a fully integrated wealth management company focused on supporting Financial Advisors and building financial prosperity for Canadians. WWM is a wholly owned subsidiary of Desjardins Group, the leading financial cooperative in North America with over 100 years of dedication to the people and communities they serve. WWM is comprised of: Worldsource Financial Management Inc. (WFM) and Worldsource Securities Inc. (WSI), which are Dealer Members regulated by the Canadian Investment Regulatory Organization (CIRO) and Members of the CIPF (Canadian Investor Protection Fund), as well as IDC Worldsource Insurance Network Inc. (IDC WIN), one of Canada’s largest life insurance managing general agencies.