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Although they are held to the same professional standards, CFP professionals have achieved a more advanced level of education compared to QAFP professionals, so they're able to tackle more complex financial planning scenarios. Jay Mallari, a QAFP™ professional and president of Cambria Financial Solutions in Burnaby, B.C., recalls working with a couple who had been in Canada for more than a decade and had rented all that time. FRED ZHOU'S CAREER as a financial planner has roots in his childhood. [Extracted from the article]

JAY MALLARI immigrated to Canada along with his wife in 2012. Since FP Canada launched QAFP™ certification in 2020, it has become an increasingly popular way to start a career in financial planning, and for some, it's a stepping stone to the organization's Certified Financial Planner® designation. Financial planners with highly regarded credentials, such as FP Canada's Certified Financial Planner® certification and Qualified Associate Financial Planner™ certification, have a strong competitive advantage, says Van Cauwenberghe. [Extracted from the article]

An interview with certified financial planner Jason Heath is presented. Health discusses the economic outlook involving the Canadian stock market. He suggests that investors should take charge and focus on what they can control and should expect that stock market returns to be muted. He adds not to be emotional when investing in the stock market.

Provides investment advice for retirement planning. Objective of initial investments which is to maximize long term equities for higher future returns; Portion of gross pay which should be allocated for a diversified, registered portfolio; Option of a financial planner; Importance of emergency savings; Real estate; Education savings plan; Consideration of advanced college degree for career advancement.

The article offers advice on how to save money and build personal wealth. Tips include keeping a financial diary that tracks spending, setting a budget, and saving money prior to spending it on anything. Information is provided on using a financial adviser to manage cash flow and create a long-term financial plan. INSET: POWER SAVER.

The article discusses several strategies investors must adopt to have a comfortable life into their 90s. Investment experts are recommending a rebalancing of a portfolio once a year which can add 50 to 80 basis points of extra return to investments. It recommends investors to form an opinion on the market cycle, check whether the market is over extended and look at metrics. It suggests to make sure that other investments are easily cashed out in an emergency situation.

The article presents tips that will help mothers choose efficient financial planners, which include checking Canada's Financial Planners Standards Council's Fpsccanada.org website for a list of advisers, considering licensed planners, and asking for the payment involved in the transaction.

The article focuses on finding the perfect financial advisor. To find a winner, ask other business owners for referrals and meet with at least three candidates. Ideally, the advisor should have several entrepreneurs as clients. A top-notch advisor promotes ongoing investor education. It states that an advisor who understands what one's business does, whether his or her family is involved and what keeps an individual up at night can tailor one's financial plan to his or her circumstances.