Chapter 2: Ethics and Wealth Management
In this section
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Ethics in the Financial Services Industry
Explore the crucial role of ethics in Canada's financial services industry, emphasizing trust, regulatory compliance, confidentiality, and client-centric conduct under CIRO guidelines.
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Types of Ethical Dilemmas
Exploring common ethical dilemmas in wealth management, including conflicts of interest, insider information, biases, and suitability issues specifically within Canada’s financial advisory landscape.
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Resolving Ethical Dilemmas in Wealth Management
A comprehensive guide to structured ethical decision-making models, stakeholder considerations, and real-world applications in the Canadian wealth management landscape.
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Code of Ethics
A comprehensive guide to creating, implementing, and maintaining ethical standards in Canadian wealth management, highlighting real-world examples and CIRO requirements.
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Trust, Agency, and Fiduciary Duty
Explore how trust, agency relationships, and fiduciary duties shape ethical standards in Canadian wealth management, emphasizing CIRO rules and best interest principles.
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What Can Happen When an Advisor Ignores Ethics
Explore the severe consequences faced by Canadian wealth advisors who violate ethical standards. From client losses to regulatory penalties imposed by CIRO, learn how ignoring ethics can erode trust and undermine the integrity of the financial system.
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