With the year end quickly approaching, we’d like to wish all of our clients a happy and healthy holiday season. Thank you for your patronage in 2021 and we look forward to working with you in the new year.
Holiday Office Closure
While we will be continuously monitoring client portfolios for any necessary investment actions (e.g. rebalancing trades and cash flow management), our office will be closed to scheduled client meetings starting December 24, 2021 and will reopen on January 10, 2022. If you have any needs during this time, please reach out to your advisor directly via phone or email.
Updated Disclosure Documents
Earlier this year, phase one of new Canadian securities regulations, known as the Client Focused Reforms, came into effect. Phase two of these regulations come into effect on December 31, 2021 with the objectives of:
- increasing registrants’ understanding of their clients’ circumstances,
- increasing registrants’ understanding of the products offered to clients,
- ensuring that investment recommendations are suitable, and
- making clearer to clients the nature and terms of their relationship with registrants.
Additional regulations aimed at enhancing the protection of older and vulnerable clients also come into effect on December 31, 2021.
As a result of these new regulations we have updated the content of our Client Relationship Disclosure document which clients can access within the My High Level Wealth client portal. Clients are encouraged to review the revised document and to contact their advisor if they have any questions or would like to discuss the new regulations in more detail.