Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
TORONTO, Nov. 24, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today released its Financial Advice in Canada report. The report provides an overview of advice in Canada and what it means to investors, with a focus on research demonstrating the quantitative value of advice.
"There is a growing body of research in Canada and across the globe that underscores the measurable value of advice to the investor," said Paul Bourque, President and CEO, IFIC. "Long-tenured financial advice helps foster more disciplined saving behaviour and builds resilience in investors to help them withstand shocks and grow their wealth over time."
The report covers: the advice landscape; advice and the modest investor; trust and satisfaction with advice; value of advice research from Canada and around the world; the economic benefit of advice; and the future of advice.
Retail investments in Canada, which include investment funds, managed accounts and securities holdings, account for more than $4.7 trillion in financial wealth, held across 16.5 million households. Of this, approximately 71% is advised.
About IFIC
The Investment Funds Institute of Canada is the voice of Canada's investment funds industry. IFIC brings together approximately 150 organizations, including fund managers, dealers, professional and back-office service providers, to strengthen the integrity of the investment funds industry, foster public confidence in investment funds, and enable investors to achieve good outcomes. By connecting savers to Canada's economy, our industry contributes significantly to Canadian economic growth and job creation.
For more information please contact:
Pira Kumarasamy
Senior Manager, Communications and Public Affairs
pkumarasamy@ific.ca
416-309-2317
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!