![]() ![]() These other health care providers are paid by the company according to how many of these treatments they can sell to you. These might not be the best treatments, but under a set of very complicated regulations, these less-than-ideal prescriptions are deemed to be legally defensible ways to address certain medical problems. Their office looks like a doctor’s office, but it is the branch office of a large drug company which requires its white-coated employees to give you an examination, and then, no matter what’s actually wrong with you, they will prescribe those drugs which are most profitable to the company. They wear white coats, which makes them look just like physicians. ![]() The other group of health care providers operates somewhat differently. One group functions much like physicians do today: they work out of independent medical offices, meet with you, diagnose your ailments, prescribe a medical solution that they believe is the very best course of treatment, and they are paid directly for their services. So, what does it mean NOT to be a fiduciary? Imagine that there were two kinds of health practitioners in the world. In other words, our recommendations must be made with only one concern-is this the best thing that we, as your advisors, can do for you, given what we know about who you are and what you want and need? To act as a fiduciary means we as professionals must put aside our own financial interests and also put aside the business/financial interests of any company we may be affiliated with and give recommendations that are solely and completely in the best interests of people like you, our prospective or existing clients. The fiduciary standard is a legal concept, but its core idea is not complicated. You might see on our website (that our advisors adhere to something called a “fiduciary standard.” But the term can be confusing for people who aren’t in the investment advisory business. Chris was also named one of the top 50 advisors in Canada for Wealth Professional Canada’s 2019 rankings. Chris was also recently named a 20 finalist for the “Multi-Service Advisor of the Year” award and the 2019 finalist for “Portfolio/Discretionary Manager of the Year” through Wealth Professional, Canada’s leading industry resource for the financial services industry. Chris has enjoyed volunteering for Junior Achievement, participating in their Investment Strategies Program which is a learning opportunity for Grade 8 students to explore the ways in which people save and invest for their future. Chris specializes in providing discretionary portfolio management, comprehensive financial planning, estate planning, retirement analysis and tax planning to his clients. ![]() In addition, he is a holder of the Certified Financial Planner (CFP) designation, Registered Financial Planner (R.F.P.) designation and Chartered Investment Management (CIM) designation. Chris is a finance graduate, obtaining his Bachelor of Management from the University of Lethbridge. Chris focuses on giving clients an unbiased wealth management experience and to ultimately make a positive impact in their lives. Chris Rawles is a Portfolio Manager at Cardinal Point and has over 20 years of experience in the financial industry, previously as a co-founder of RT Mosaic Wealth Management, and, before that, working for a leading major financial institution. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |